Bitcoin reaches milestone, decentralized market OpenBazaar officially launched

Bitcoin reached a milestone today as developers of decentralized e-commerce protocol OpenBazaar announced the release of its first official version of the software.

OpenBazaar enables peer-to-peer digital commerce and uses Bitcoin as a payment method. It is similar to a decentralized Taobao marketplace that uses the digital currency Bitcoin as a currency between buyers and sellers, and now it is available for download. OpenBazaar was born out of an earlier project called Darknet Market, which aims to facilitate decentralized online e-commerce.

OpenBazaar has been tested by many users since its first public beta test. The developers said today that during this test period, the software has been downloaded more than 25,000 times worldwide (across 126 countries) and more than 3,000 suppliers have emerged.

“Starting today, anyone in the world with internet access can use Bitcoin and OpenBazaar to trade goods and services for free. We can’t wait to see people use this tool,” project lead Brian Hoffman said in a statement.

It is reported that last year, the developers behind OpenBazaar received $1 million in investment from venture capital firms Andreessen Horowitz and Union Square Ventures, as well as angel investor William Mougayar. These developers created a startup called OB1 to oversee the development of the project and create related services for OpenBazaar users.

User comments:

BobAlison:

Congratulations to the OB1 team!

Although OpenBazaar is still a long way from being widely adopted, its launch is undoubtedly an important milestone in the history of Bitcoin!
A pattern has begun to emerge, one that could have far-reaching consequences:

Bitcoin is money without government
OpenBazaar transactions also do not require government involvement

dutyfree_io: This is the biggest thing since the creation of Bitcoin itself.
Original text: http://www.coindesk.com/openbazaar-live-version-bitcoin-market/
By Stan Higgins
Translation: Overnight porridge
Source (translation): Babbitt Information (http://www.8btc.com/openbazaar-live)