<div dir="ltr"><br><div class="gmail_extra"><br><div class="gmail_quote">On 2 May 2015 at 00:57, Marc D. Wood <span dir="ltr"><<a href="mailto:metamarc@metamarket.biz" target="_blank">metamarc@metamarket.biz</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">METAmarket: Trustless Federated Marketplaces<br>
>>> <a href="http://metamarket.biz" target="_blank">http://metamarket.biz</a> <<<<br>
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* * *<br>
Introduction<br>
<br>
METAmarket is an open source protocol and proof-of-concept reference<br>
client specifying a trustless federated marketplace which uses Bitcoin as<br>
a universal currency and Bitmessage as a P2P communication network.<br>
Time-locked refund transactions ensure that incentives are aligned toward<br>
completing the trade without the need for trusted third parties. Systemic<br>
vulnerabilities such as transaction malleability are mitigated through the<br>
use of a federated reputation model. This document is a non-technical<br>
overview of how the METAmarket client and protocol work. For more<br>
technical details, see the protocol specification.<br>
<br>
Motivation<br>
<br>
Overly centralized marketplaces and payment services extract high fees,<br>
impose and abuse excessive control and remove any hope of privacy from<br>
users. As more commerce moves online, many consumers may find their<br>
lifetime history of purchases (including books, personal items and<br>
location details) for sale to advertisers, employers, curious neighbors,<br>
stalkers, political opponents and government agencies. An ideal system<br>
would be one of secure private transactions directly between buyer and<br>
seller without middle men collecting data or adding fees. Such systems are<br>
now feasible by combining recently developed technologies for anonymous<br>
decentralized payment and messaging systems.<br>
<br>
Client<br>
<br>
To use the marketplaces, a client application which implements the<br>
METAmarket protocol is required. The client is used to post, browse and<br>
execute trades. It also requires a Bitcoin Core wallet to handle payments<br>
and refunds. A working client is available at:<br>
<br>
<a href="http://github.com/metamarcdw/metamarket" target="_blank">http://github.com/metamarcdw/metamarket</a><br></blockquote><div><br></div><div>Is there any relation between this and the work satoshi was putting into the core before he left?<br><br><a href="https://github.com/bitcoin/bitcoin/commit/5253d1ab77fab1995ede03fb934edd67f1359ba8">https://github.com/bitcoin/bitcoin/commit/5253d1ab77fab1995ede03fb934edd67f1359ba8</a><br></div> <blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">
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