Re:OpenBazaar 2.0, powered by IPFS
by patrickaljord on Thursday March 29, 2018 @06:06AM
(#16705834)
> How does OpenBazaar compare to something like ebay or alibaba in terms of both usability and fees? Does it have an edge?
I think OpenBazaar only advantage is freedom of censorship, although if lightning ever becomes a thing it could compete on fees.
> When I buy something through a respectable platform I like the guarantees provided by the 3rd party
If OpenBazaar manages to implement a solid reputation system in addition to smart contracts and escrow-like functionality, it could offer relatively good guarantees of service like some of the centralized darknet websites do.
I think OpenBazaar only advantage is freedom of censorship, although if lightning ever becomes a thing it could compete on fees.
> When I buy something through a respectable platform I like the guarantees provided by the 3rd party
If OpenBazaar manages to implement a solid reputation system in addition to smart contracts and escrow-like functionality, it could offer relatively good guarantees of service like some of the centralized darknet websites do.