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Friday, March 6, 2015

OpenBazaar Official Release Timeline Announced

OpenBazaar Official Release Timeline Announced - b8coinOpenBazaar is a fully decentralized cryptographic application that allows users to buy and sell goods anonymously and trustlessly, without a centralized arbitrator, all using Bitcoin. If you aren’t aware of OpenBazaar, you should be.

In a presentation today at FOSDEM, a conference for free and open source software developers, the creators of OpenBazaar, introduced their technology and talked about their timeline for development and release.

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In the video, the developers mention that the 4.0 release, which includes a change to rUDP, should be out in the next few days. This patch is intended to improve the stability of the network as a whole, and constitutes a major release. The 5.0, which is primarily a UI improvement intended to make the software more accessible, will be out in mid march. They also specified that the official release of the software, which will be useable by lay-people with an operational knowledge of Bitcoin, ought to be out by “late spring.”

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If you aren’t aware of OpenBazaar, you should be. OpenBazaar is a fully decentralized cryptographic application that allows users to buy and sell goods anonymously and trustlessly, without a centralized arbitrator, all using Bitcoin. It’s the Silk Road, eBay, Amazon, and Etsy, all rolled into one, and it’s clearly the future of peer-to-peer commerce. The software developers have been quiet for a while (developing a large-scale and secure cryptographic platform is difficult, and takes time), so having even a tentative release schedule is very promising.

You can see the current release (and contribute code, if you want) at the OpenBazaar Github.



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