Post
Topic
Board Announcements (Altcoins)
Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace
by
3r197
on 15/03/2015, 02:32:17 UTC
Call me a Syscoin advocate, but wasn't Syscoin's Blockmarket the world's first decentralized marketplace?

Or is Bitbay currently open for public use?

Don't forget Nxt Marketplace (aka Digital Goods Store) in the Nxt core and the Freemarket add-on.
http://wiki.nxtcrypto.org/wiki/Marketplace
http://nxtfreemarket.com/

Each of these projects (BitBay, Syscoin, Nxt, and other blockchain based market places) should know about each other.  Competition is good and hopefully will result in a better over-all user experience in the long run.

I agree, to be honest, im so busy its hard to look into all the other coins projects. But i wish them well and hope they all succeed. I dont see it as competition at all. Personally, if someone else takes double deposit escrow and makes it used worldwide because they got inspired then i would consider that a huge success.

As for Nxt markets, i know you have to jump through a few hoops to get everything set up. Also, they dont have multisignature nor do they have unbreakable double deposit contracts. So they would still need a good platform that doesnt rely on arbitration. Hopefully soon, i wont be so overworked and can look at what everyone else is working on.

LOL, Nxt coin is about "the" most complex coin in existence!!! But hey, I guess us layman should suck it up and understand it's rules if we are to respect it. I was lost on trying to learn the maZe of NXT that 10 people or so created and demanded that if you don't stake you will be penalized - on top of it's "asset" spinoffs!!
NXT's future is limited because its structure was created by people who have no concept of a simple, reasonable reality for the basic wallet holder/user.  NXT is for people with PHD's in computer science!"
Why the hell do coins need asset spinoffs?
Bitbay can simplify all that - and I don't need a PHd in computer science to understand it!!