Topic: OpenBazaar - decentralized eBay - page 33. (Read 41770 times)
I can see a lot of people are saying OpenBazaar is promising and they are excited etc etc. Can someone please give me the logical explanation of why they think an open & unregulated P2P marketplace be successful ? It'll be a scammers heaven IMO. Marketplace need to have consumer protection in place for the real world to accept it... except u r talking about illegal goods.
I like the concept. I think the more things that become decentralised the better. It's the greedy fees that corporations take that will kill them in the end.
We need a decentralized exchange as well. I'm not sure if anyone is working on that though (might be, but keeping it a secret). 
Looks extremely promising!
I assume there will be some sort of built-in escrow service to protect against fraud.
I assume there will be some sort of built-in escrow service to protect against fraud.
I totally like this idea, imagine huge doves of people migrating over to OpenBazaar
I doubt it'll have that much of effect for a while but im guessing tormarkets will adopt the technology.
I like the concept. I think the more things that become decentralised the better. It's the greedy fees that corporations take that will kill them in the end.
I totally like this idea, imagine huge doves of people migrating over to OpenBazaar
My friend and I want to try and create something like this, looks like we were beaten. 
but none the less pretty sick.
but none the less pretty sick. OpenBazaar needs censorship resistance, and trustlessness, or it will be subject to the same fate as Silk Road. MongoDB running on a couple servers just doesn't cut it.
Mongo is more of a caching store not a monolithic data store for the network. Bitcoin core uses Berkeley DB. Does that mean it's centralized? I don't get your argument.
I get that this is an awesome thing, but so far I'm not impressed. Everyone loves to hype their latest invention as being "distributed" and "decentralized", but the fact is OpenBazaar is using a local MongoDB instance to persist data. According to their GitHub repo, the only suggested improvement to this is a switch to SQLite.
How can they possibly consider this "distributed"? DB exists only in one place at a time unless it is copied manually to other servers. No matter what, they'll have to involve a trusted third party to be the steward of the all important DB. Bitcoin solved this problem with a blockchain.
How can they possibly consider this "distributed"? DB exists only in one place at a time unless it is copied manually to other servers. No matter what, they'll have to involve a trusted third party to be the steward of the all important DB. Bitcoin solved this problem with a blockchain.
MongoDB as you mentioned is what we are using right now for our reference client to persist data. This is not required for using the OpenBazaar network. The OpenBazaar is creating a Distributed Hash Table (DHT) using Kademlia-type topology to store data like listings across all of the peers participating. I would say this makes it pretty distributed and data is replicated across multiple nodes for redundancy as well. We also plan to use the blockchain for certain activities such as timestamping contracts or potentially nickname to pubkey mappings.
I'm not saying anyone should be impressed and certainly we have probably gotten more hype than deserved for what we've delivered so far, but we also need more support (programming and thought leadership), and our roadmap stretches out so it's not like we're saying here's the product judge us now.
I just purchase something and listed something for sale on CrytoThrift to try it out.
Hmm.... I am planning to purchase this item from Crypto-thrift.
https://cryptothrift.com/auctions/marketing-seo/offshore-bank-account-visa-card-controlpanleall-in/
I have never used the site before. Is it safe to spend my coins there?
Yes, it is a trusted site. I used that site many times before. Just buy only on trusted seller and always check the escrow option. If you have problems just contact the support and they will reply immediately.
I get that this is an awesome thing, but so far I'm not impressed. Everyone loves to hype their latest invention as being "distributed" and "decentralized", but the fact is OpenBazaar is using a local MongoDB instance to persist data. According to their GitHub repo, the only suggested improvement to this is a switch to SQLite.
How can they possibly consider this "distributed"? DB exists only in one place at a time unless it is copied manually to other servers. No matter what, they'll have to involve a trusted third party to be the steward of the all important DB. Bitcoin solved this problem with a blockchain.
OpenBazaar needs censorship resistance, and trustlessness, or it will be subject to the same fate as Silk Road. MongoDB running on a couple servers just doesn't cut it.
I fail to see much of an advantage to this solution, when they could instead set up your own clone of Silk Road, add multisig, and match OpenBazaar feature-for-feature but have total control over the development process. It seems like this is what they'll end up doing with their time if nothing changes.
Until something is done about this, I'm going to keep thinking that they don't have a distributed platform, they have an open source platform that many individual organizations will run on their own, that don't really talk to each other or persist data in a trustless distributed manner as does Bitcoin.
How can they possibly consider this "distributed"? DB exists only in one place at a time unless it is copied manually to other servers. No matter what, they'll have to involve a trusted third party to be the steward of the all important DB. Bitcoin solved this problem with a blockchain.
OpenBazaar needs censorship resistance, and trustlessness, or it will be subject to the same fate as Silk Road. MongoDB running on a couple servers just doesn't cut it.
I fail to see much of an advantage to this solution, when they could instead set up your own clone of Silk Road, add multisig, and match OpenBazaar feature-for-feature but have total control over the development process. It seems like this is what they'll end up doing with their time if nothing changes.
Until something is done about this, I'm going to keep thinking that they don't have a distributed platform, they have an open source platform that many individual organizations will run on their own, that don't really talk to each other or persist data in a trustless distributed manner as does Bitcoin.
You are completely misunderstanding what this database is for. It only stores data for the local node, like configurations or things that the node learns about the network. This DB is not a datastore for the network. However, there are indeed hard problems that OpenBazaar has to solve such as reputation and distributed search.
Why I need to download? So OpenBazaar is an application like bitcoin and you don't need to use a browser?
Think this is a great idea, missed using Bitmit and not got round to trying Cryptothrift yet.
Anybody know when it'll be released?
Anybody know when it'll be released?
I fail to see much of an advantage to this solution, when they could instead set up your own clone of Silk Road, add multisig, and match OpenBazaar feature-for-feature but have total control over the development process. It seems like this is what they'll end up doing with their time if nothing changes.
Until something is done about this, I'm going to keep thinking that they don't have a distributed platform, they have an open source platform that many individual organizations will run on their own, that don't really talk to each other or persist data in a trustless distributed manner as does Bitcoin.
Until something is done about this, I'm going to keep thinking that they don't have a distributed platform, they have an open source platform that many individual organizations will run on their own, that don't really talk to each other or persist data in a trustless distributed manner as does Bitcoin.
OpenBazaar needs censorship resistance, and trustlessness, or it will be subject to the same fate as Silk Road. MongoDB running on a couple servers just doesn't cut it.
I get that this is an awesome thing, but so far I'm not impressed. Everyone loves to hype their latest invention as being "distributed" and "decentralized", but the fact is OpenBazaar is using a local MongoDB instance to persist data. According to their GitHub repo, the only suggested improvement to this is a switch to SQLite.
How can they possibly consider this "distributed"? DB exists only in one place at a time unless it is copied manually to other servers. No matter what, they'll have to involve a trusted third party to be the steward of the all important DB. Bitcoin solved this problem with a blockchain.
How can they possibly consider this "distributed"? DB exists only in one place at a time unless it is copied manually to other servers. No matter what, they'll have to involve a trusted third party to be the steward of the all important DB. Bitcoin solved this problem with a blockchain.
And as you might already know through earlier correspondence, my graphic design skills are always available for the project
I've long had the dream of a decentralized marketplace of Magic players that list a few cards of their own on the market. Creating a diverse P2P network of magic players that "crowdcreate?" the most diverse selection of MTG cards available.
I just purchase something and listed something for sale on CrytoThrift to try it out.
Hmm.... I am planning to purchase this item from Crypto-thrift.
https://cryptothrift.com/auctions/marketing-seo/offshore-bank-account-visa-card-controlpanleall-in/
I have never used the site before. Is it safe to spend my coins there?
I just purchase something and listed something for sale on CrytoThrift to try it out.
I just checked out Cryptothrift. It is pretty cool. Obviously it could use more listings, but I am sure it will soon...
Yeah and it has a way to go for building reputation as well.
I've been on ebay for a decade so it's pretty safe to say I'm not throwing out my perfect feedback score to scam someone.
Absolutely going to try OpenBazar too but for now my big items like precious metals and the Ant S1 I've got listed will be stuck on ebay.
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