Post
Topic
Board Service Discussion
Re: OpenBazaar - decentralized eBay
by
Krang
on 13/06/2015, 11:46:31 UTC
They must charge fees, or they will get spammed.  You know the drill.  

From this blog post:

Quote
OpenBazaar will always be open source and MIT licensed. As a global software community, we’ve intentionally created OpenBazaar so that there are no fees required to use the network, and there is no central authority controlling trade, taking a cut, or monitoring data.

http://avc.com/2015/06/future-friday-openbazaar-and-ob1/

I'm no expert on the technology so  I'm not 100% sure how it works but it might be best charging minimal fees and having them distributed to the people who run/host the client in a similar way to how bitcoin mining works. Does anyone know how the escrow function will work? That could be the trickiest part or weak link in the system.