Re:Apply HN: Obaas – OpenBazaar as a Service
by Vertrauen on Tuesday April 12, 2016 @11:15AM
(#11480263)
Yes, OpenBazaar has to gain traction for this to work.
Obaas is like the exchanges for Bitcoin. Bitcoin is decentralized in the same way as OpenBazaar. Most people use exchanges to take part in the Bitcoin network. So if OpenBazaar takes off, the first webservice that makes it accessible to the masses will have a nice headstart. Similar to how Mt.Gox had a nice headstart. When it was still active, 60% of all bitcoin trades were done via Mt.Gox.
Obaas is like the exchanges for Bitcoin. Bitcoin is decentralized in the same way as OpenBazaar. Most people use exchanges to take part in the Bitcoin network. So if OpenBazaar takes off, the first webservice that makes it accessible to the masses will have a nice headstart. Similar to how Mt.Gox had a nice headstart. When it was still active, 60% of all bitcoin trades were done via Mt.Gox.