Zurg, Switzerland, 23rd February, 2023, Chainwire
A fork of Bitcoin, known as Particl, has announced the completion of an eBay-style marketplace that’s been integrated into its wallet. Built using blockchain smart contracts, the marketplace is derived from an original concept first proposed by Satoshi Nakamoto.
Particl’s latest release forms a trustless, unstoppable marketplace where buyers and sellers can trade goods without the risk of getting scammed. It features zero fees and encrypted chat messages between buyers and sellers alongside ring signatures and blinding to provide greater transactional privacy than Monero.
Bitcoin’s creator vanished in 2011 after being invited to meet the CIA. His last email stated, “I’ve moved on to other things.” Before he disappeared, Satoshi was working on a marketplace built into Bitcoin. Now, a working version of this technology has been quietly released by an anonymous team of developers. Satoshi’s original Bitcoin source code included an unfinished marketplace in line 69 of the headers file. “I was trying to implement an eBay-style marketplace built into the client,” he said in a 2011 email to Mike Hearn.
During the Covid pandemic, the sale of many essential items was restricted on traditional platforms like Amazon and eBay due to price gouging rules. As a result, sellers took advantage of Particl’s decentralized governance system which offered no such selling restrictions. Items such as thousands of units of PPE, hand sanitizer, and Covid test appeared on the platform. During the Hong Kong student protests, items such as full-face gas masks and protective gear were listed. The first Tesla car was even listed for sale, well before Elon Musk took an interest in crypto.
The Particl marketplace currently only lets users pay in PART, its native currency. However, project developers are working on a mechanism to support direct payments in Monero, PIVX, FIRO, Dash, USDT, Litecoin, and Bitcoin later this year. There are plans to ultimately allow payment in almost any cryptocurrency thereafter, making Particl a truly crypto-agnostic marketplace.
Particl is an Amazon, eBay and exchange disruptor. The project was started in 2014 and its foundation was established in Zug Switzerland in 2017. A portal view of the marketplace is available at particl.store, while to buy and sell items users can download Particl Desktop at particl.io. The Particls DEX, BasicSwap, can be downloaded at basicswapdex.com .
Further information can be found on the FAQ or by contacting spokesperson Dr. Kapil Amarasinghe at [email protected]
Spokesperson, Kapil Amarasinghe, [email protected]
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In the Crypto world, one of the biggest disruptors to emerge recently has been Satoshi Nakamoto’s unfinished project – an online platform with the sole purpose of revolutionising the way we exchange currency, with cryptocurrency at its heart.
The platform, which has been developed by the company Calibra, is a new and revolutionary peer-to-peer marketplace for digital assets and goods. The innovative design is fundamentally different from any existing platforms, as it facilitates trustless, instantaneous and direct transactions between parties, with a high level of both privacy and security.
The platform has been built upon a framework of Satoshi Nakamoto’s original project, and allows individuals to connect directly with each other and to exchange cryptocurrency in a trustless manner. By creating an online marketplace, Calibra seeks to provide a secure and reliable environment in which crypto assets can be exchanged. Crucially, it also seeks to address the challenges of scalability, volatility and convenience, which have been major obstacles to the widespread adoption of cryptocurrency.
The platform works by generating secure keys, which are used to conduct the transactions between buyers and sellers. It also uses the blockchain technology, which is an evolving decentralised online ledger that records cryptocurrency transactions. As a result, Calibra users can trust that the transactions they make are secure and safe.
The platform has already attracted a lot of attention from key players in the cryptocurrency space, as well as financial institutions, retail investors, banks and governments. Many of these organisations have expressed support for the platform and its potential to revolutionise the way that the world transacts with digital currencies and goods.
Calibra is currently in the process of developing an application which will allow users to buy, sell and store cryptocurrency on the platform. It is also working on features which will allow users to leverage their crypto asset portfolios, as well as to participate in smart contract driven transactions.
The platform is expected to launch this year, so watch this space. There is no doubt that Satoshi Nakamoto’s engine of disruption will be the catalyst for a new era of digital commerce and revolutionise the way that we exchange goods and services around the world.