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Topic: [PRT] Particle - Decentralized Market Feature, torrent/WASTE protocol? (Read 1638 times)

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But.. I like waiting hours for my deposits on cryptsy!!!
he's messing around. go for it.
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But.. I like waiting hours for my deposits on cryptsy!!!
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From Particle announce thread: https://bitcointalksearch.org/topic/annprt-particle-cpugpu-fast-easy-mine-no-premine-official-thread-392804

Concept for Decentralized Market Feature

Something special we're thinking about.  Not talking about exchange or market of currencies.  But marketplace like peer to peer eBay or classifieds.  Decentralized doge road.  Problem with doge road and such is centralization.  What if the market was decentralized and encoded or alongside the blockchain.

Pseudonymous like bitcoin protocol.  Tied to addresses like wallet addresses.  Not controlled by any one person or entity.

Possible Implementations

1.  Encoded in blockchain.

Problem is bloating of blockchain, and tack on after the fact.

2.  Alongside parallel blockchain.

Thinking through How would this work.  How to reward nodes for processing the marketplace.  Items have expiry and fall off the chain, to control blockchain size.

3.  Alongside, bittorrent type protocol.

Instead of encoding in some kind of blockchain format, something like .torrent files.  Special file format.  Maybe can embed images, and standard data about the offered item.  Could maybe have chat using bittorrent chat protocol too once released.

4.  Alongside, WASTE type protocol.

Darknet type protocol.  Instead of any file sharing, special format market entry file.  Need some indexing/search method so client nodes can construct and cache listings for display in client.  Could have chat too.

Expiry of items, so caches can be culled.  How to implement trader rating, rate addresses?  How to prevent gaming/rating spam/etc.

Looking at a wallet/full node implementation in C#.  Would make implementation of new features or "layers" easier.  Cross-platform with Mono or use linker make monolithic cross-platform executables.  Can then do Android/iOS with Xamarin.

Still thinking through, but this is project for 2014.  Looking for ideas, will compile.  New website and forum coming soon to follow project, working on today.

Will be killer feature.
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