Pages:
Author

Topic: OpenBazaar founder: We aren't the next Silk Road (Read 2687 times)

hero member
Activity: 584
Merit: 500
OpenBazaar is in the making since ages. It really would be nice to have a working exchange that is really decentralized. Though its unavoidable that illegal things will be sold.

So really, the only solution would be decentralization. And if they fight the communication then encrypt everything, scramble, port changing and what so ever.
legendary
Activity: 1946
Merit: 1137
Yes, let them ban the entire internet to stop BTC. Oh wait, they can't.

i think he means in the way they did with russia, which isn't a real ban in the end, but more like an intimidating approach, to make people reluctant to use bitcoin

they certainly cannot stop torrent, and they will not stop openbazar

yeah, they can not ban bitcoin, they can only scare businesses to prevent them from accepting bitcoin, but as long as there is places like openbazzar and darknets, and you can stay anonymous and spend/earn your bitcoins there is not really much they can do.
legendary
Activity: 3248
Merit: 1070
Yes, let them ban the entire internet to stop BTC. Oh wait, they can't.

i think he means in the way they did with russia, which isn't a real ban in the end, but more like an intimidating approach, to make people reluctant to use bitcoin

they certainly cannot stop torrent, and they will not stop openbazar
legendary
Activity: 3038
Merit: 1032
RIP Mommy
Yes, let them ban the entire internet to stop BTC. Oh wait, they can't.
legendary
Activity: 3766
Merit: 1217
CP and other illegal goods WILL be sold on OpenBazaar and there will be noone able to completely stop it, unless they change the protocol to decentralization.

If this is true, then OpenBazaar gives the authoritarian governments around the world (esp. United States, North Korea.etc) the perfect excuse to ban the possession of Bitcoin. And if they make the possession of Bitcoins a punishable offence, we will not get any sort of worldwide adoption, which we are hoping for. Is OpenBazaar worth all that trouble?
legendary
Activity: 3248
Merit: 1070
So, how does BitTorrent handle illegal stuff? I don't use it, but I would think they don't have child porn being shared.

i think there are sort of moderator that check the torrent that users upload every day

it would be the same here, the escrow/arbiter will check if what you are selling is illegal or not

but then we can fall in a centralization market, which isn't what open bazar is aiming for

the point is that you can't have 100% regulation and decentralization, hell you can not even have 100% regulation in a centralized system...
if you consider loads and loads of illegal copyrighted material that is being downloaded through torrent, you see that they don't really have any control.
in fact the biggest usage of torrent is to download all these copyrighted files.

yeah but there some heavy illegal stuff that you will not find there like cp, so someone is actually controlling

well in theory the escrow or arbiter can check what good they are selling, if they hold the money, they can ask for it

but then you will get a partial decentralized system or soemthing like that
as long as it is p2p nobody can have any control over it, AFAIK
the thing you are talking about looks like the control the website owner/moderator of sites like piratebay, kickass have over the content and that is purely on users reports
hero member
Activity: 686
Merit: 500
I really don't see how they can regulate it. From what I read ANYTHING can be sold on there.

Anything can be sold, as long as it doesn't clash with the Terms and Conditions. Sellers trying to trade CP.etc will be banned by the admin, and their earnings will be deducted from the wallets. That said, I don't think that OpenBazaar will be online anytime soon. May be they'll start trading in 2017 or 2018. Only by then, these things will become clear.

It has to be centralized to have terms and conditions. I understood that it would not have an admin or centralization.
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
CP and other illegal goods WILL be sold on OpenBazaar and there will be noone able to completely stop it, unless they change the protocol to decentralization.

There are many, many ways to hide one's IP. Even the illegal files can be altered and encrypted, so that noone will be able to check the files. Illegal services can have different legal names, as long as the end user knows the secret he will have easy access.

Somebody was saying, there is no CP on torrent... this is utter BS.
legendary
Activity: 3472
Merit: 10611
So, how does BitTorrent handle illegal stuff? I don't use it, but I would think they don't have child porn being shared.

i think there are sort of moderator that check the torrent that users upload every day

it would be the same here, the escrow/arbiter will check if what you are selling is illegal or not

but then we can fall in a centralization market, which isn't what open bazar is aiming for

the point is that you can't have 100% regulation and decentralization, hell you can not even have 100% regulation in a centralized system...
if you consider loads and loads of illegal copyrighted material that is being downloaded through torrent, you see that they don't really have any control.
in fact the biggest usage of torrent is to download all these copyrighted files.

yeah but there some heavy illegal stuff that you will not find there like cp, so someone is actually controlling
as long as it is p2p nobody can have any control over it, AFAIK
the thing you are talking about looks like the control the website owner/moderator of sites like piratebay, kickass have over the content and that is purely on users reports
sr. member
Activity: 406
Merit: 250
BitBay vs Openbazaar, which will win?

Why would you compare them ? They are different, BitPay is centalized while OpenBazzar is decentralized
They will have different customer, so i think both of them will win

Are you sure? Bitbay seems to be advertising itself as a Decentralized market https://bitcointalksearch.org/topic/bitbay-decentralized-marketplacesmart-contractsiot-techmarkets-open-850267

He said bitpay not bitbay. I think he got confused. Although this is the first I have heard about bitbay.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
I wonder if the govt will go after him for releasing this kind of software .. I'm guessing since it's distributed he is bulletproof against prosecution, but I'm sure his phones are already tapped

It's just software. It's the use or abuse of it by others that causes the problem. The creator of Bittorrent is alive and well and not wearing shackles.
sr. member
Activity: 350
Merit: 250
I wonder if the govt will go after him for releasing this kind of software .. I'm guessing since it's distributed he is bulletproof against prosecution, but I'm sure his phones are already tapped
newbie
Activity: 13
Merit: 0
BitBay vs Openbazaar, which will win?

Why would you compare them ? They are different, BitPay is centalized while OpenBazzar is decentralized
They will have different customer, so i think both of them will win

Are you sure? Bitbay seems to be advertising itself as a Decentralized market https://bitcointalksearch.org/topic/bitbay-decentralized-marketplacesmart-contractsiot-techmarkets-open-850267
legendary
Activity: 3038
Merit: 1032
RIP Mommy
So many BS replies just to boost post count for ad campaigns...
legendary
Activity: 1876
Merit: 1005
OpenBazaar still will be very attractive for different types of customers because of its decentralized system ,who doesn't want to share full details related to them.This will not be like Silk road but still will be usable like that somehow.This is modern concept of online trading platform which should have success in my opinion.Well only time will if it will be like Silk road or not as decentralization and multicoin support is enough to make further ways to fulfill the requirement of different customers.
legendary
Activity: 1204
Merit: 1028

The mods are on torrent listing sites; they don't actually moderate seeds and peers using the BitTorrent protocol.

I can imagine that's how it might end up working for many. There'll be sanitised portals that become popular. Perhaps vendors there will club together to increase buying power and reduce prices. If you want the grime then you'll be able to sniff around elsewhere.
It's obvious there will be some sort of moderation going on, otherwise the host that hosts the actual webpage will be raided in seconds. Total decentralization is not possible if you want to reach mainstream audiences, as some moderation is needed.
legendary
Activity: 1050
Merit: 1000
Isn't it possible for the gov to force the openbazaar devs to shut it down if they wanted to?

open bazar isn't like silk road, they cannot do anything, but they may apply some kind of pressure(for example by tracking one of the user that use open bazar and seize his computer) and scare the users base, that is still so tiny, this will force other users to not join the project

really that statement very disappointed it will be no like Silk Road because many users were waiting ti its fully functional and that is most awaited project as so many eyes are on them, if they seize users access to the marketplace than it will become useless for big investors, Ebay and Amazon will remain market leader with these kind of stupidity.
legendary
Activity: 3248
Merit: 1070
Isn't it possible for the gov to force the openbazaar devs to shut it down if they wanted to?

open bazar isn't like silk road, they cannot do anything, but they may apply some kind of pressure(for example by tracking one of the user that use open bazar and seize his computer) and scare the users base, that is still so tiny, this will force other users to not join the project
full member
Activity: 165
Merit: 100
Isn't it possible for the gov to force the openbazaar devs to shut it down if they wanted to?

If it's decentralized then how can they force them to shut down as there's no central authority to attack? IT would be like going after satoshi to take down bitcoin or trying to take down a torrent client. Besides, many more decentralized markets will pop up sooner rather than later and many will be open source. The best one will prevail.
legendary
Activity: 2044
Merit: 1008
Isn't it possible for the gov to force the openbazaar devs to shut it down if they wanted to?
Pages:
Jump to: