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Decentralized Blockchain-Based Electronic Marketplaces

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Re: Decentralized Blockchain-Based Electronic Marketplaces

#111

Post by tiuPapa »

annabellish wrote: post #92
tiuPapa wrote: post #64

Earlier quoted context omitted.

Can a blockchain like steem be used to solve the reputation problem?

Blockchains propose a flawed solution to a specific problem. The issue that cryptocurrencies and friends are having at the moment is that there's a lot of other unsolved problems standing in the way of what they're trying to do, and those are difficult problems. Which is to say, the question "Can a blockchain be used to solve [X]?" is answered "No" for almost every question.

Ah okay. What kind of flaws and what kind of unsolved problems?

Note: I am not trying to contradict you here, just looking to understand this whole thing from a different angle.

Re: Decentralized Blockchain-Based Electronic Marketplaces

#112

Post by ufo »

ThomPete wrote: post #101
ufo wrote: post #52

Earlier quoted context omitted.

Bitcoin forks like Bitcoin Cash and Bitcoin Gold use the same block chain history as Bitcoin.

You are also missing the point here. You can't get the same for bitcoin cash as you can for a bitcoin. So no they don't use or have the same history after the fork and they aren't the same which is why one is 4 times more worth than the other.

Of course you cant get the same for them! It is expected that a fork that creates new coins out of thin air will lead to cheaper coins.

Re: Decentralized Blockchain-Based Electronic Marketplaces

#113

Post by ThomPete »

ufo wrote: post #112
ThomPete wrote: post #101

Earlier quoted context omitted.

You are also missing the point here. You can't get the same for bitcoin cash as you can for a bitcoin. So no they don't use or have the same history after the fork and they aren't the same which is why one is 4 times more worth than the other.

Of course you cant get the same for them! It is expected that a fork that creates new coins out of thin air will lead to cheaper coins.

And so scarcity still exists which was the original point I made and which was being challenged.

Each coin has a unique history. You can create as many forks of bitcoin as you want it doesn't change the fact that there is only one bitcoin.

Re: Decentralized Blockchain-Based Electronic Marketplaces

#114

Post by cgmg »

SiempreViernes wrote: post #104
cgmg wrote: post #78

Earlier quoted context omitted.

>From the perspective of somebody in the marketplace I prefer having people who break the social contract removed. This statement is meaningless. What are the contents of this alleged social contract you're referring to? I bet your answer is going to differ from mine, or from the next person's.

If you honestly believe these difference are large enough to make the statement meaningless, it means you also think you can't be around other people, is that your meaning?

This is why I asked you to clarify. Answer the question.

Re: Decentralized Blockchain-Based Electronic Marketplaces

#115

Post by astura »

samolang wrote: post #102
astura wrote: post #56

Earlier quoted context omitted.

>Throughout history middlemen have suffered a common fate. They get squeezed out at every opportunity. This is just... Absolute nonsense. Just factually incorrect. Middlemen, example Amazon, have never been stronger. People complain about it on HN all the time. Anyways, people use middlemen and are happy to pay the cost because they provide a useful service. They aren't just arbitrarily injecting themselves into tran…

> Middlemen, example Amazon, have never been stronger. The strength of a middleman can be directly measured by how much they mark up prices. Does amazon really mark up prices more than the brick and mortar retailers it replaced?

You're forgetting Amazon is a "marketplace" and not just a "retail store."

Anyway, I don't think "markup" is very much related to how strong they are. I define "strong" as "how critical for business that service is."

I'm just using Amazon as an example, one that everyone can understand has a massive amount of power.

I think of distributors, not retail stores, to be pretty much the strongest middlemen there is. If you're making a widget are you going to hire someone full time to market your product to individual stores and then hire and maintain a fleet to deliver them? Fuck no you aren't, you're going to call a distributor.

Re: Decentralized Blockchain-Based Electronic Marketplaces

#116

Post by nora4 »

Donzo wrote: post #91
nora4 wrote: post #72

Earlier quoted context omitted.

Right, a decentralized marketplace is also going to have the customer service and delivery speed of Amazon too. Because blockchain...

Dang, you hit that straw man hard. Easy.

> I believe that the Eth rocket is just about to launch.

I mean look at this sentence. What kind of arguement can I have with this? So in this case, the strawman was a harder adversary and I was actually making it harder for myself by going against that.

Re: Decentralized Blockchain-Based Electronic Marketplaces

#117

Post by falsprofet »

ghthor wrote: post #105
lazyjones wrote: post #82

Earlier quoted context omitted.

That doesn't work when you (or your small community) face thousands or millions of spammers or abusive users. People will just turn to centralised censorship/filtering authorities as they do with e-mail (even if you install SA on your own server, you will use blacklists maintained by others).

I think the cream here is if the underlying network is decentralized and I disagree with my centralized provider, then I have the power to change providers. Its comparing email to facebook, if my email provider does something I disagree with I'm free t take my data to a another provider without losing all my connections. The same for open currencies. The promise of open currencies with decentralized exchanges is I ca…

yeah, and if you don't like the law [1], you can leave the country, except that there's no where to go. People are basically telling each other to kill themselves. It's really sad. Oh what's that, you can just try to change the law? What if laws concerning access to law making are concerned, for example? Right back to begging "your local congress man", which is a joke in my opinion, because there's no accountability. That's not just an analogy, there might be laws concerning your provider. For some, there is just one provider available and the law might enable its monopolistic position.

Re: Decentralized Blockchain-Based Electronic Marketplaces

#118

Post by sharemywin »

adrianN wrote: post #97
dane-pgp wrote: post #59

Earlier quoted context omitted.

The feature you are looking for is not "censorship" but "reputation metrics" (in fact, they should be "uncensorable reputation metrics"). If a trusted third party (not necessarily Uber) told you whether a given driver had insurance, then your decision to transact with the driver could be based on that. (More likely, whoever made the app you use would do the "has insurance" check for you, and not show you any drivers…

This only shift the responsibility. Now those with the authority to provide a good reputation decide who gets to sell their goods. For example you would probably have a problem with dangerous electronics in a decentralized market. Only experts can tell you whether the USB charger you're looking at is safe, so whoever moves first to become the defacto authority for electronics safety in that marketplace effectively co…

The world/internet as a whole is trying to figure out how to manage delegating authority(trust) aka fake news etc.

I think we are in the process of transferring from institutional authority to algorithmic authority.

Re: Decentralized Blockchain-Based Electronic Marketplaces

#119

Post by SiempreViernes »

cgmg wrote: post #114
SiempreViernes wrote: post #104

Earlier quoted context omitted.

If you honestly believe these difference are large enough to make the statement meaningless, it means you also think you can't be around other people, is that your meaning?

This is why I asked you to clarify. Answer the question.

You mean yes, you don't understand social interactions at all? I mean, you haven't asked _me_ anything, you asked some other user.

Re: Decentralized Blockchain-Based Electronic Marketplaces

#120

Post by cgmg »

SiempreViernes wrote: post #119
cgmg wrote: post #114

Earlier quoted context omitted.

This is why I asked you to clarify. Answer the question.

You mean yes, you don't understand social interactions at all? I mean, you haven't asked _me_ anything, you asked some other user.

> You mean yes, you don't understand social interactions at all?

Do you derive emotional satisfaction from putting words into other people's mouths?

> I mean, you haven't asked _me_ anything, you asked some other user.

Then what was the point of your reply?

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