OpenBazaar

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OpenBazaar
OpenBazaar logo
OpenBazaar logo
Original author(s)Amir Taaki (DarkMarket), Brian Hoffman
Developer(s)OpenBazaar Team
Initial release4 April 2016; 3 years ago (2016-04-04)
Stable release
2.3.3 / 2019-05-02
Repository Edit this at Wikidata
Written inGo, JavaScript
Operating systemMicrosoft Windows, OS X, GNU/Linux
Size130 MB
Available inEnglish
TypeOnline marketplace
LicenseMIT License
Websiteopenbazaar.org

OpenBazaar is an open source project developing a protocol for e-commerce transactions in a fully decentralized marketplace.[1] It uses cryptocurrencies as medium of exchange and was inspired by a hackathon project called DarkMarket.

History[edit]

Amir Taaki and a group of programmers from Bitcoin startup Airbitz created a decentralized marketplace prototype, called "DarkMarket", in April 2014 at a Bitcoin Hackathon in Toronto.[2] DarkMarket was developed as a proof of concept in response to the seizure of the darknet market Silk Road in October 2013.[3] Taaki compared DarkMarket's improvements on Silk Road to BitTorrent's improvements on Napster.[2]

After the hackathon, the original creators abandoned the prototype and it was later adopted and rebranded to OpenBazaar by a new team of developers.[4] On April 4, 2016, OpenBazaar released their first version, which allowed users to buy and sell goods for Bitcoin.[5]

In June 2015, the OpenBazaar developers received funding to form a company called OB1 to work on improving the OpenBazaar protocol. On December 2016, the project received $3 million in funding from venture capitalist firms and investors, adding up to a $4 million investment in the project.[6]

See also[edit]

References[edit]

  1. ^ Prusty, Narayan (2017-04-27). Building Blockchain Projects. Packt Publishing Ltd. ISBN 9781787125339.
  2. ^ a b Greenberg, Andy (2014-04-24). "Inside the 'DarkMarket' Prototype, a Silk Road the FBI Can Never Seize". Wired. Retrieved August 23, 2014.
  3. ^ Hern, Alex (2014-04-30). "Silk Road successor DarkMarket rebrands as OpenBazaar". The Guardian. ISSN 0261-3077. Retrieved 2019-03-08.
  4. ^ Greenberg, Andy (2017-03-06). "The Fed-Proof Online Market OpenBazaar Is Going Anonymous". Wired. ISSN 1059-1028. Retrieved 2019-03-08.
  5. ^ "OpenBazaar launches version 1.0 with aims to become the 'uncensored' Amazon". The Daily Dot. 2016-04-04. Retrieved 2019-03-08.
  6. ^ "OpenBazaar". CrunchBase. Retrieved 15 February 2017.

External links[edit]