Post
Topic
Board Service Discussion
Re: OpenBazaar - decentralized eBay
by
sidhujag
on 13/06/2015, 14:45:39 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.
It's p2p so no need for fees and tx expire if not hosted or delegated... There are pros and cons to this.