On 2 May 2015 at 00:57, Marc D. Wood wrote: > METAmarket: Trustless Federated Marketplaces > >>> http://metamarket.biz <<< > > * * * > Introduction > > METAmarket is an open source protocol and proof-of-concept reference > client specifying a trustless federated marketplace which uses Bitcoin as > a universal currency and Bitmessage as a P2P communication network. > Time-locked refund transactions ensure that incentives are aligned toward > completing the trade without the need for trusted third parties. Systemic > vulnerabilities such as transaction malleability are mitigated through the > use of a federated reputation model. This document is a non-technical > overview of how the METAmarket client and protocol work. For more > technical details, see the protocol specification. > > Motivation > > Overly centralized marketplaces and payment services extract high fees, > impose and abuse excessive control and remove any hope of privacy from > users. As more commerce moves online, many consumers may find their > lifetime history of purchases (including books, personal items and > location details) for sale to advertisers, employers, curious neighbors, > stalkers, political opponents and government agencies. An ideal system > would be one of secure private transactions directly between buyer and > seller without middle men collecting data or adding fees. Such systems are > now feasible by combining recently developed technologies for anonymous > decentralized payment and messaging systems. > > Client > > To use the marketplaces, a client application which implements the > METAmarket protocol is required. The client is used to post, browse and > execute trades. It also requires a Bitcoin Core wallet to handle payments > and refunds. A working client is available at: > > http://github.com/metamarcdw/metamarket > Is there any relation between this and the work satoshi was putting into the core before he left? https://github.com/bitcoin/bitcoin/commit/5253d1ab77fab1995ede03fb934edd67f1359ba8 > > > > > ------------------------------------------------------------------------------ > One dashboard for servers and applications across Physical-Virtual-Cloud > Widest out-of-the-box monitoring support with 50+ applications > Performance metrics, stats and reports that give you Actionable Insights > Deep dive visibility with transaction tracing using APM Insight. > http://ad.doubleclick.net/ddm/clk/290420510;117567292;y > _______________________________________________ > Bitcoin-development mailing list > Bitcoin-development@lists.sourceforge.net > https://lists.sourceforge.net/lists/listinfo/bitcoin-development >