Topic: Support OpenBazaar!!! - page 7. (Read 10078 times)

We are trying to skip that step and go straight to eCommerce 2.0 with the silk road being only a store within the marketplace.

I don't think a "secret warrant" would generally force a dev to give up control of funds held by the project. A more likely scenario is that the secret warrant would force a dev to make some kind of "back door" to the protocol.

While I do agree with them using multisig addresses, I don't think their use is related to the potential for the devs receiving secret wannants

https://github.com/OpenBazaar/OpenBazaar

Go get Beta 3 (Tabriz) now!

FYI - Still no Windows installer.
Build Instructions-
https://github.com/OpenBazaar/OpenBazaar/wiki/Build-Instructions

Bravo to the dev team!!!  *applauds*

 

Awesome move by openbazaar:


https://blog.openbazaar.org/migration-of-our-project-funds-to-a-multisig-address/

(1) Developers can be malicious

Our threat model involves powerful agents at play. These can include malicious
governments who have the ability to issue secret warrants legally requiring
developers to take certain actions. We therefore follow a trust-but-verify
model in all our development process. As such, certain developers of the
project may in the future be legally required to perform actions that they do
not agree with, without the ability to communicate this fact to others. Through
multisig, we are requiring at least one more developer to perform a check on
financial decisions as a safety-net.

(2) Mistakes happen

We are human and often make mistakes. This can include lost wallet keys,
or destroyed laptops. Multisig will allow us to migrate our funds in case one
developer loses their keys.

We also sometimes make transactions that may be incorrect. A second pair of
eyes is good to make sure we don’t burn our funds or we don’t send them to the
wrong third party.

(3) Developers can become unavailable

Developers may become unavailable for various reasons such as accident or
death. We do not want to depend on one individual for all our funds. In case of
unavailability, multisig allows us to move our funds to a new address.

(4) Dictatorship is evil

We take team decisions with consensus. However, sometimes consensus cannot be
reached. We have never had this problem in our team yet, but it is bound to
happen in the future. In cases where consensus cannot be reached, an individual
developer should not have the power to act solely as a dictator and enforce
their opinion. Multisig requires at least one more party to consent. This acts
as a safety net.

(5) Transparency is good

We believe in a transparent development model. All our code is open source. We
interact with the community through public chat on IRC, on a public subreddit,
and in forums, all viewable by anyone. We plan features and submit bug reports
through GitHub issues, which are public. Anyone is able to criticize us through
these channels directly, even pseudonymously.

As of Beta 3, we are also making all all-hands developer video calls publicly
available through live streaming, and they are recorded for future reference.
We wish to be held accountable for our actions, and we invite the criticism of
the community.

In this direction, as we are funded through donations, we believe the public
should know exactly how much money we have and where and when exactly it is
spent. By publishing our multisig address, we submit our financial records to
public scrutiny.

Now, therefore, we are announcing the following:

(1) Ownership of public keys

Each of us controls one of the following public bitcoin keys. We are
providing bitcoin signatures as proof that we are in control of each.

Brian Hoffman:

Address: 12khSGHCvJoB7d5evWykvgeJVdYtSgAaxo
Uncompressed Pubkey:
04b3fae54a761c71d38df081cddb75b6306306d8e83338e9b748a02d4978ef48d356ec7fb4155bc 819767ed90d56a0dccab185b9bf3d52027cdc226b611ddd3985
Message: This is Brian and I own 12khSGHCvJoB7d5evWykvgeJVdYtSgAaxo
Signature:
IHb6uWPR1mGxl85YDfPN1trD6ybLeeH0FotTWrUr2W+lcDLiM5iXompDaMJxFg3MwFQpto5cInFrPyooFw+/60I=

Sam Patterson:

Address: 19xZbcnF9HB3ycfFJmQS5Gr7eJ7riJKrWc
Uncompressed Pubkey:
047AA4C9652BEB1A01B351CC212391168C11E192E25A88AF79A422C4F83CBC7ED0BB5632C87547C 45525167A8C814AFC29C7FFE44157547DC21B193AC714B4BA06
Message: This is Sam. I own 19xZbcnF9HB3ycfFJmQS5Gr7eJ7riJKrWc and will use
it for the OpenBazaar multisignature fund.
Signature:
IIKNFBcUu9OQ/L+bv/liAMMPBJHC70Y9bpzUsscW7C3FloC7uw5QH1UJUdN1AR50kuIAikB9mZkvZKcTGvDzDYk=

Washington Sanchez:

Address: 19fQbq6egzREyDSt8R1zGPAFoR1THWSV4g
Uncompressed Pubic Key:
0420b86afc794ec3307bcf3becc94b30f672a17483581dd703a37956f60ba89cf77bc349fe7d988 9f7ed609b14bc397fc4ae0196c8325e6acc4d2e95aceca4d207
Message: This is Washington, confirming that I own this address.
Signature:
Gx9lga0zuYcJk8dhXq3Wb0Nsy5tXohJusUoIw7pm9ZytrGC6wD8zfwS4K4f+sRqdWE2s9kyv9Wd5q0Fl//HY1AE=

Dionysis Zindros:

Address: 1HA6tFUGQrzrwGDDVp9dHivNRyhuT37dCh
Uncompressed Public Key:
046ca17a66be50dc0d0093d3ebbefb74ffbd69fae577dfa329f67444f3f99913708efa5f51ca27f d0509af26245c9d5526b620cb9d90ca9a4a0ef2e3e2fe0e2bb8
Message: This is Dionysis Zindros, confirming that I own this address.
Signature:
HI9Bc8o/pyKmowG9cRL47Zt4ylYIJOxQnvSB4AF7FaNCHVz+hA6jowsDppAIKwLX9FMrxBqiGnhgpc/68G2t+uM=

We invite the public to verify our signatures above.

(2) Multisig address migration

We are designating the following 2-of-4 multisig address for the storage of
OpenBazaar funds:

3MXYUBLWNETa5HTewZp1xMTt7AW9kbFNqs
https://blockchain.info/address/3MXYUBLWNETa5HTewZp1xMTt7AW9kbFNqs
The address is constructed with the above 4 public keys. We invite the public
to check that the multisig address is a 2-of-4 address and that it is
constructed using the above 4 public keys. For verification purposes, the
bitcoin script is given below:

524104b3fae54a761c71d38df081cddb75b6306306d8e83338e9b748a02d4978ef48d356ec7fb41 55bc819767ed90d56a0dccab185b9bf3d52027cdc226b611ddd398541047aa4c9652beb1a01b351 cc212391168c11e192e25a88af79a422c4f83cbc7ed0bb5632c87547c45525167a8c814afc29c7f fe44157547dc21b193ac714b4ba06410420b86afc794ec3307bcf3becc94b30f672a17483581dd7 03a37956f60ba89cf77bc349fe7d9889f7ed609b14bc397fc4ae0196c8325e6acc4d2e95aceca4d 20741046ca17a66be50dc0d0093d3ebbefb74ffbd69fae577dfa329f67444f3f99913708efa5f51 ca27fd0509af26245c9d5526b620cb9d90ca9a4a0ef2e3e2fe0e2bb854ae

(3) Mandatory transparency

We have transfered all our funds to the multisig address and published it
to be used for donations. While we still have access to our old donations
address for donations coming from people who have stored it, we will be
using the new address for all donation purposes from now on. Any funds
donated to the old address will be immediately transfered to the multisig
address.

We will make all our organizational payments directly from our multisig
address. We vow to publish the following information for every transaction
originating from our project multisig address from now on:

    The recipient bitcoin address
    The date of the transaction
    The recipient actual name or company name
    The reason for the expenses

In case of conversion to fiat currency, we will state the above data for the
recipient of the converted fiat currency.

We invite the public to verify our GPG signatures on the above announcement.

Brian Hofmann, Project Lead
Sam Patterson, Operations Lead
Washington Sanchez, Research Lead
Dionysis Zindros, Trust & Identity Developer

eBay is very similar to open bazaar in that it is somewhat decentralized in terms of who is selling items. There are so many seller-side scams on eBay that they need to institute horrible chargeback policies that allow for buyer-side scams

One of the cool things about FLOSS is you can do anything with it - similar to what we see with how Bitcoin's led to all these different altcoins, but where the "altcoins" can change things around to add major differences in functionality (rather than just, say, changing the mining algorithm and adding bonus blocks)! What it is may not be what it becomes, and some people may wish to try integrating some form of centralization. Personally, I'd love to see a large market of forks (there're already some forks), including experiments introducing centralization so long as they're open-source. Some kind of curator system (maybe the dev simply hard-codes "curator-tagged" pubkeys into the client who're the only ones allowed to list items and who collect a tiny %fee on each listing) which can exceed the level of verification eBay and Amazon do (almost none) would be awesome. I'm sure a great number of people would be willing to pay more not to have disputes resolved, but to participate in a market where disputes are far less likely due to "legitimacy verification" before the seller or product's allowed to be marketed. Open-source allows us to have many different stores implementing their own policies, resulting in a decentralized market where the best policies can thrive including both semi-decentralized and fully-decentralized implementations. I mean, the media's talking about this project like it's the next Silk Road, but I really don't think that's going to be the major takeaway from this project in a few years -- I think this is going to be talked about as the thing which finally eliminates the misery of eBay by pushing it off to the footnotes.

It makes me kind of glad we've had such a lame auction platform market since BitMit closed doors, because now everything's right for this (and resulting forks) to blitz the market and kick ass.

What kind of platforms?

What makes this even better is the fact that OpenBazaar is not merely a platform for eCommerce, but an entire protocol on which other platforms could build upon!

Open bazaar is the future. I dont support illegal activity, but with open bazaar  it will decentralize shopping. which is both bad and good. It will have bad actors  but the majority will be good, no one person will be in charge, so bad governments will have to go after each individual actor and  not just one person.

So, watch out for this place as It is absolutely the future in e-commerce. great competition for Ebay and amazon, thats for sure..

go openbazaar go

I guess 3rd parties will be in competition to provide the very best services and cover to the buyers, who knows what that could mean....

This is a really interesting program. I have sold on eBay and Amazon, had issues with both. Amazon was much better than eBay in terms of selling, but they had their issues. I've always hoped for something to come along that would be as easy for buyers to use as Amazon is, but that would also work out the problems I had with Amazon.

The idea of this is great, but I think it will have to be very easy for buyers to use, for it to be successful. I hope someone is going to be doing some usability testing [User Experience Design (UX) / Human Computer Interactions (HCI)] on it. Because if it can be easily usable for buyers and sellers (like an ability to link to images for products that would just show up for the buyers when searching), it could work out really well.

Another thing that would have to be worked out, would be trusting the 3rd parties with the money in between the buyer and seller. All it takes is one 3rd party to be in cahoots with a scammer, or for them to just break bad after getting a lot of positive feedback. The thing eBay and Amazon have is that they protect the buyers (to an extreme they shouldn't sometimes, but I digress), but it helps to make buyers feel safe and bring them into the marketplace.

There will also be a proof-of-burn system for people who want to build reputation faster by burning money tied to their reputation.

yep im hoping to sell tons of stuff but im slightly concerned on # of buyers, i guess we will work that part out later on, too early.

We got featured in Business Insider:

http://www.businessinsider.com/the-next-major-dark-net-market--openbazaar--is-supposedly-untouchable-by-police-2014-11

Sam Patterson and Brian Hoffman explain that OpenBazaar is not SilkRoad 3.0 on steroids, not just so, but is much, much more as eCommerce decentralized.

Curius

Thanks. Yay lazyness.

https://blog.openbazaar.org/what-is-openbazaar/

Is it tied to bitcoin or does it use another currency? Or even one of the many crypto 2.0 platforms?

Sorry for being so clueless, just discovered it - is there a comprehensive technical explanation somewhere, or a whitepaper?