Hello.
Few weeks ago I heard about your project and it looks quite promising. I am eBay seller myself and your project to me looks interesting, eBay,PayPal and currency conversion fees are really high I pay about 12% on average. After reading Syscoin whitepaper I still have some questions.
1. If Syscoin blockmarket will grow to thousands transaction per second, how it will affect transaction fees and velocity?
2. When you plan to finish blockmarket and start bringing it to the mases?
3. I have studied your website (www.syscoin.org) and found that your team consist of 6 people and only two of them are developers. Also found that you are working on different projects. So from my point of view basically two people are working on several different projects. Do you think that's enough resources to build a solid project ? Why you are not expanding your team?
4.Do you have any competitors except OpenBazaar?
5. Have you thought about search algorithm how listings will be displayed?
6. Lowest piece of Syscoin is 0.000001?
7. Is it true that you are going to develop a feature to make possible uploading listings from eBay via csv / excel file?
Few weeks ago I heard about your project and it looks quite promising. I am eBay seller myself and your project to me looks interesting, eBay,PayPal and currency conversion fees are really high I pay about 12% on average. After reading Syscoin whitepaper I still have some questions.
1. If Syscoin blockmarket will grow to thousands transaction per second, how it will affect transaction fees and velocity?
2. When you plan to finish blockmarket and start bringing it to the mases?
3. I have studied your website (www.syscoin.org) and found that your team consist of 6 people and only two of them are developers. Also found that you are working on different projects. So from my point of view basically two people are working on several different projects. Do you think that's enough resources to build a solid project ? Why you are not expanding your team?
4.Do you have any competitors except OpenBazaar?
5. Have you thought about search algorithm how listings will be displayed?
6. Lowest piece of Syscoin is 0.000001?
7. Is it true that you are going to develop a feature to make possible uploading listings from eBay via csv / excel file?
Please join the Slack group join.syscoin.org and the Devs will be able to answer all your questions
Is it really so difficult to answer here? Or do we all have to join the slack channel?
1. If Syscoin blockmarket will grow to thousands transaction per second, how it will affect transaction fees and velocity?
A: I'll let Jag Sidhu answer this more technically, however http://whitepaper.syscoin.org/ will probably give you most of your answers about technical design: http://whitepaper.syscoin.org/
2. When you plan to finish blockmarket and start bringing it to the mases?
A: Blockmarket does not have a set date yet, we are currently in the Beta 5 phase and have submitted it to a security audit firm, while they are auditing, we are working on non-security-related updates that make the UI experience more polished. Once all is confirmed and rectified (if issues are discovered during the audit, they will need to be fixed), we will release Blockmarket for Desktop. Blockmarket for web is what we consider to be the software that will bring Syscoin to the masses, as it will allow anyone to use Syscoin via a web-browser, no need to install software; we will begin working on that as soon as Blockmarket for Desktop is completed.
3. I have studied your website (www.syscoin.org) and found that your team consist of 6 people and only two of them are developers. Also found that you are working on different projects. So from my point of view basically two people are working on several different projects. Do you think that's enough resources to build a solid project ? Why you are not expanding your team?
A: Our website is currently being re-vamped, our team did indeed consist of two developers a few months ago (plus the rest of the team), but currently we have 5, Dan Wasyluk, Jag Sidhu, Willy Ko, Sebastian Schepis & Ian Wijesinghe. https://medium.com/@BlockchainFoundry/blockchain-foundry-update-full-time-team-members-office-space-and-new-developers-joining-the-team-e11c251136bd
4. Do you have any competitors except OpenBazaar?
A: We do not consider OpenBazaar to be our competitor, Blockmarket has many features that OpenBazaar does not. Merchants would need to use many different applications (some centralized) to achieve Syscoin's current experience and yet we have so much more in-store; the costs of selling on OpenBazaar is also exponentially more expensive (IE: With OpenBazaar, either you need to pay for monthly fees to a hosting company to host your store or you need to keep a node online 24/7; whereas with Syscoin, it only take a few cents to create your store and have an offer up that lasts an entire year before it expires). So to answer your question, we do not have competitors, there are a few projects that claim to do a small percentage of what Syscoin can do, however, there is nothing that currently exists that can compare to the full-feature-set of Syscoin.
5. Have you thought about search algorithm how listings will be displayed?
A: I'm not exactly sure what you mean? Blockmarket brings all of Syscoin's existing features in an easy-to-use and polished piece of Software, listings are already searchable from the QT wallet or via console.
6. Lowest piece of Syscoin is 0.000001?
A: The smallest possible fraction of Syscoin is the same as Bitcoin = 0.00000001
7. Is it true that you are going to develop a feature to make possible uploading listings from eBay via csv / excel file?
A: Certainly, we will be working on a Syscoin E-commerce integration products after Blockmarket for Web has been released; Syscoin will be integrated with mainstream e-commerce platforms such as Magento, Shopify, OpenCart, and Prestashop. To answer your questions, this allows for bidirectional syncing of inventory between Syscoin's decentralized platform and various centralized offerings.
8. Is it really so difficult to answer here? Or do we all have to join the slack channel?
A: Slack is certainly the best place for you to ask questions, our community is also very helpful; we are all very busy in our team and our community often helps out so that we can put most of our efforts on development and planning.
Very exciting to hear. Thanks for taking the time. I appreciate the importance and purpose of slack, but this forum is one of the few open doors to the wider world. Bitcointalk is always at the top of search results and often a first contact. Very beneficial to all.
Music to my ears. Thanks again!
Great! Thanks for your support! We certainly understand that many of our followers use Bitcointalk as a source of information, we try to push our news out to as many places as we can as some also prefer it via a blog/news site, various social networks or via a more hand-on approach with slack. Either source does unfortunately scatter all of the information that we try our best to communicate which is why we are revamping our websites to make it more of a one-stop for your Syscoin/Blockchain Foundry Inc. news. We also love constructive criticism, so if there is anything you think is missing, please let us know!
