Earlier quoted context omitted.
It's like a darknet market (Silk Road, AlphaBay, etc) that can't be taken down by law enforcement. Or it's like a clearnet market (Ebay) that doesn't take a cut and works with bitcoin. It looks like it uses multisig as a form of escrow [1], but the third party isn't in any way affiliated with openbazaar, just whoever the vendor and customer can agree to trust. It looks like users have to find a third party on their o…
None of this is true. It's a web browser and server protocol for hosting web sites that can't be crawled by google. It is trivially censored. I have no idea who needs this.
A lot of people seem to think this is Bitcoin's 'killer app', which I don't agree with. I really can't see it pulling many legitimate users from established centralized companies. But I do think it's an interesting piece of work.