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OpenBazaar is Open for Business

blog.openbazaar.org

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Re: OpenBazaar is Open for Business

#31

Post by cmrx64 »

smellf wrote: post #19
adrusi wrote: post #16

Earlier quoted context omitted.

I'm sure you can use the tor http proxy like you can with nearly everything else.

Replying here because the stupid max comment depth was reached on your deeper comment. You said: > I guess they might use [UDP] for DHT control messages And IIRC that's exactly what they use UDP for. The subreddit had a lot of good info last I checked (a few months). https://www.reddit.com/r/openbazaar

> Replying here because the stupid max comment depth was reached on your deeper comment

Note that there is no "max comment depth" on HN, and I don't know where this thought keeps coming from. There are a few reasons the "reply" link may not be shown:

- The comment was posted too recently, and you need to wait for the cooldown to expire. This is proportional to comment depth. It's said this is a flamewar prevention mechanism.

- The comment is too old.

Re: OpenBazaar is Open for Business

#33

Post by pmorici »

jerguismi wrote: post #3

Can anybody summarize the benefits? Too lazy to install the software myself. As I understand, there is an escrow. Is it trustless/multi-sig based? What about privacy/encryption? Can anybody be an escrow agent?

It's p2p ebay with selling and transaction fees close to zero instead of the 13% you would have to kick back to ebay on a typical transaction.

Re: OpenBazaar is Open for Business

#35

Post by pmorici »

skrowl wrote: post #22
it_learnses wrote: post #20

how does openbazaar make money? How will the investors recover money and make profit?

I couldn't find this answer either. It's difficult to trust someone with large hosting / development / etc costs but no business model. It's not a charity. How do they "keep the lights on" with no fees?

Why would they have large hosting costs? They don't do anything except have a website where you can download the OpenBazaar software individual stores are self hosted.

Re: OpenBazaar is Open for Business

#37

Post by smellf »

cmrx64 wrote: post #31
smellf wrote: post #19

Earlier quoted context omitted.

Replying here because the stupid max comment depth was reached on your deeper comment. You said: > I guess they might use [UDP] for DHT control messages And IIRC that's exactly what they use UDP for. The subreddit had a lot of good info last I checked (a few months). https://www.reddit.com/r/openbazaar

> Replying here because the stupid max comment depth was reached on your deeper comment Note that there is no "max comment depth" on HN, and I don't know where this thought keeps coming from. There are a few reasons the "reply" link may not be shown: - The comment was posted too recently, and you need to wait for the cooldown to expire. This is proportional to comment depth. It's said this is a flamewar prevention me…

Ah, ok. A quick google didn't show me why there was no reply link so I just assumed it was a depth thing. Thanks for the info.

Re: OpenBazaar is Open for Business

#38

Post by paavokoya »

greenrd wrote: post #32
le0n wrote: post #23

Panama papers -- OpenBazaar -- cool!

AFAIK decentralised Bitcoin transactions are already illegal in the US if none of the parties to the transaction have a money transmitter license - correct me if I'm wrong.

You're COMPLETELY wrong... like extremely wrong. Bitcoin transactions between peers have always been legal.

Conversion of USD - Bitcoin over something like $5000/year needs a MSL

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