Bitmarkets

Bitmarkets
Bitmarkets logo
Bitmarkets logo
Original author(s) Steve Dekorte, Rich Collins, Adam Thorsen, Chris Robertson
Developer(s) Voluntary.net
Initial release 2014
Stable release
0.8.7.17
Written in Objective-C
Operating system OS X
Size 30 MiB
Available in English
Type Online marketplace
License MIT License
Website voluntary.net/bitmarkets/

Bitmarkets is a free and open-source decentralized online marketplace that uses the cryptocurrency bitcoin.[1]

History

In 2013, Steve Dekorte wrote a rough specification for a market based on a decentralized version of peer-to-peer marketplace NashX.[2][3] Steve and developer Chris Robinson began work on Bitpost as a means of testing a Bitmessage framework; they were later joined by Adam Thorsen and Rich Collins, who helped create Bitmarkets.[2][4] The first working version of Bitmarkets was demoed at the Bitcoin conference in May 2014 and the public beta was released on their website on November 19, 2014.[5][6]

Features

Bitmarkets operates over the Tor anonymity network and is built on the Bitmessage communications protocol for privacy.[4] Bitmarkets implements two-party escrow that allows vendors and buyers to complete transactions directly, without the need for a third-party broker, in order to prevent bogus escrow scams.[5][7]

See also

References

  1. "Bitcoin and the Cypherpunks". Reason. 2015-04-10.
  2. 1 2 "Episode 13". P2P Connects Us Podcast. 2015-02-06.
  3. "NashX: About". NashX. c. 2013. Retrieved April 10, 2015.
  4. 1 2 "Bitmarkets: the app for selling anything to anyone in complete privacy". The Guardian. 2014-12-11.
  5. 1 2 "CoinDesk: Bitmarkets Launches Decentralised Bitcoin Marketplace With Tor Support". CoinDesk. 2014-12-08.
  6. "How Cryptocurrency Could Change the Sharing Economy". CoinDesk. 2014-12-13.
  7. "Cryptocoinnews: Bitmarkets, a decentralized marketplace powered by Tor, Bitcoin and Bitmessage". Cryptocoinnews. 2014-12-10.
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