“Syscoin is like eBay”: Interview with Developer of Decentralized Marketplace Cryptocurrency

“Syscoin is like eBay”: Interview with Developer of Decentralized Marketplace Cryptocurrency

How can you explain Syscoin to someone who has, for example, only ever used eBay, and is not familiar with cryptocurrencies? CoinTelegraph spoke to Dan Wasyluk, Developer at Syscoin, about their innovation. “Syscoin is like eBay stores or "Buy it Now" listings, except with a payment and escrow system built-in”, explains Dan Wasyluk. Syscoin do not have an auction system in place yet. They connect buyers and sellers directly, and the fees are substantially lower than any competing platform because there is no-one in the middle party taking a percentage of the sale. Syscoin is both....


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News Summary: August 17- 23

Recently, I was able to interview some people over at Coinbatch. They are planing to launch a way to buy and sell bitcoins in Mexico, where they believe it could really be impacted by Cryptocurrency. Read the full report here. Most famously know for his $100,000 offer for a Bitcoin Foundation alternative , Bitcoinist was lucky enough to snag an interview him. The full interview is located here. OpenBazaar, if you don’t already know, is a decentralized marketplace. Unlike marketplaces like the silk road, OpenBazaar should be less vulnerable to breaches due to its peer to peer....