Topic: Openbazaar question - page 2. (Read 1266 times)
Are they even up yet? I tried their website that was posted on another thread but it was idle and not going anywhere. When does it officially open to the public to start using their service?
I assume it will work with Web of Trust, which will be rigged right from the start with thousands of fake accounts giving each other good ratings and fake feedback.
I suspect this will turn out to become a big scam fest. We will see. The idea as a whole is awesome of course, just like bitcoin.
I suspect this will turn out to become a big scam fest. We will see. The idea as a whole is awesome of course, just like bitcoin.
It will work like any other online marketplace (ebay, amazon, etc). Users will need to build trust and use their ratings to show that they can be trusted.
Escrow might be offered by the service, but it won't be used for all transactions as for one it would cost time and money and you don't want that for small low cost items.
Start could be a scam fest indeed, until reputable sellers have built reputation.
Escrow might be offered by the service, but it won't be used for all transactions as for one it would cost time and money and you don't want that for small low cost items.
Start could be a scam fest indeed, until reputable sellers have built reputation.
So how are they moderating the payments?
Are they using some form of escrow? Otherwise it would be a scamming fest?
But in a decentralized market escrow is pretty inpossibru?
Are they using some form of escrow? Otherwise it would be a scamming fest?
But in a decentralized market escrow is pretty inpossibru?
Jump to: