OpenBazaar Starts Public Testing With Real Purchases

OpenBazaar, frequently dubbed the decentralized eBay or Amazon, has released a beta version of the platform on the Testnet. Senior developers have invited the community to begin using the service in order to iron out bugs and other issues, with the official announcement being made on Twitter earlier today: OpenBazaar will initially run on Testnet coins,....

OpenBazaar released it’s open beta officially on the bitcoin testnet today, marking the launch of the first truly decentralized Bitcoin marketplace. The OpenBazaar team is encouraging potential merchants and users to try out the 1.0 release to get familiar with its workings and interface. The software is fully functional for the first time, and whether you plan on selling or buying on the OpenBazaar network, the release is worth a look. Testnet Launch Removes Risk for Potential OpenBazaar Adopters. If you want to try out OpenBazaar, you’ll need a testnet enabled wallet, and some testnet....

Although there is a lot of competition in the world of online marketplaces, OpenBazaar feels they will have a leg up over their competitors. OpenBazaar is one of those projects Bitcoin and blockchain enthusiasts have been looking forward to for quite a long time. Although the software was available in beta form for general testing as well, the marketplace solution is not officially released to the public. This decentralized peer-to-peer trade network has a lot of potential to shake up the world as we know it, as it cuts out any middleman, and there are no fees. One of the main selling....

OpenBazaar, the decentralized e-commerce platform, has partnered with ShapeShift allowing users to buy products with their favorite altcoins. OpenBazaar: Altcoins Now Accepted. OpenBazaar has announced the release of its 1.1.10 version. The new integration of the Shifty Button, a free to use and open-source tool created by ShapeShift, now allows customers to buy products with various altcoins such as Monero, Ether and over thirty others. The new option might certainly come in handy for users wanting to hold on to their bitcoin as it shoots past $800. OpenBazaar CEO Brian Hoffman states:....

The open-source, peer-to-peer marketplace software OpenBazaar officially went live yesterday, marking a major milestone for the long-in-development project. Powered by the use of bitcoin as a payments method, OpenBazaar is intended to serve as a decentralized alternative to marketplaces like eBay, in which a central entity acts as a money clearing house as well as an arbiter for behavior. OpenBazaar, by contrast, uses the distributed bitcoin blockchain to handle payments, and users can act as judges to resolve disputes or hire their own mediators. Yet within hours of launch, what appear to....