Hello. Your idea closely aligns with what we are currently developing under the name Bitpost (https://bitpost.cc). Over the past two years, we’ve worked extensively on designing the entire system’s logic, overcoming many challenges and uncertainties during the planning phase. Now, we’re in the final stretch toward delivering a finished product. We’ll be eagerly following all the interesting concepts and insights shared in this discussion. Great to see new initiatives in this field after so many years of stagnation.

Interesting, but if it’s not possible to distinguish between a subsequent courier and the final recipient, what logic would ensure that:

• the final recipient doesn’t have to lock collateral for their own package
• the package has reached its destination and is not still in the hands of a courier in case of a claim from the sender

Coincidentally, this is also on our roadmap. Once Bitpost is up and running, we plan to launch a truly decentralized marketplace where users can list goods, with smart contracts handling transactions, a peer-to-peer network for real-time communication, and IPFS for storing product metadata and images.

Why are you so determined to implement this on the Bitcoin blockchain, which, let’s face it, was created solely as a currency and isn’t particularly suited for data storage?
Are you aware that in your system, it will take at least 10 minutes to get a block confirmation for any event? For example, a courier arrives, hands you the package, and then has to wait 10 minutes to make sure you’ve released their collateral and paid them for the delivery. It's still the most optimistic scenario; sometimes you’ll have to wait much longer, or pay hundreds of dollars in fees.
This is why we’ve opted for our own blockchain.

Let me tell you how we handle this in Bitpost:

• Each member of the logistics network, when taking over a package from another, should verify its condition and refuse to accept any damaged packages.
• If the package is truly damaged, it will never be handed off to another member of the Bitpost network. It will simply remain "on the record" of the person who damaged it.
• However, if a dispute arises and the package was unfairly rejected, it should easily be accepted by another member of the logistics network.
• If there is no further movement of the package for a specified period (e.g., 30 days), the client has the option to withdraw the security deposit from the balance of its current posessor.
• If someone accepts a damaged package, they take full responsibility for the damage and will bear the financial consequences themselves.

That's NOT true! Bitpost will be a fully open-source and community-driven project. A small portion of the code is already available on GitHub.

Yes, but we only sell governance tokens, which allow you to have a say in the project's future and earn passive profits. The token used for paying for shipments and settling payments with couriers, etc., is mined on physical hardware (BTW in a very innovative and eco-friendly way).

I see that on your diagram, you’ve referred to your platform as BitMarket, but that’s the name we’ve chosen for ours. To be clear, details about our platform and the final logo have been published on the Bitpost website since December 2022:
https://web.archive.org/web/20221204123002/https://bitpost.cc/

Why are you calling our BPX Chain centralized? Anyone can mine it on physical hardware. We created this blockchain specifically to avoid relying on centralized Proof of Stake chains.

@Jiamubem

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@Tajrimin1820

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@LETme

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@Weree2004

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That's true, starting a business in this industry requires a huge amount of money. But no one here is starting any business... The whole point of Bitpost is precisely to break free from the limitations of traditional business and leverage the resources of the global community. Instead of building logistics centers, purchasing fleets of vehicles, and hiring employees, we can leverage private individuals from around the world who have their own buildings, cars, free time, and a willingness to earn extra money or minimize travel costs they would incur anyway.

That's right, Bitpost follows a similar model to Uber, which achieved great success and reshaped the taxi industry. We believe that similar approach could prove effective in the package delivery sector.

With Bitpost, stealing a parcel is completely unprofitable. Smart contracts ensure that if a delivery person steals a package, they automatically compensate the sender from their own funds any amount the sender expects.

This happens every day with traditional delivery services as well. In most cases, couriers don't face consequences if illegal items are found in a package, as long as it's clear they were working as a courier. We can't say for certain how this will play out when working for a decentralized platform like Bitpost, but we hope it will follow a similar approach.

Basically, it's not up to us where Bitpost services will expand. We are building a decentralized app with a map where anyone can place their own point or line, and wherever two points are connected by a line, it's possible to send a package between them. But of course, after the Bitpost software is completed, we'll do our best to have our team, friends, relatives, and so on provide the initial coverage of services in the areas where we live.

We had a restriction for several days, but it's all sorted now.

Thanks for the kind words and belief in the project.

Bitpost utilizes two cryptocurrencies:

• BPX - the official currency of Bitpost, used for paying shipping fees, rewarding logistics network participants, security deposits and compensating for lost or damaged shipments.
• BPG - the Bitpost governance token, which allows holders to propose updates to the original Bitpost protocol, vote on them, share in the project’s profits and speculate on the project’s value.