The decentralized market OpenBazaar seems set for a comeback after it was shut down over two years in the past, in keeping with quite a few social media and GitHub updates.
A GitHub repository on the collaborative software program improvement web site exhibits progress as latest as April 12 on constructing a brand new model of {the marketplace} which was shut down in 2020.
Brian Hoffman, the previous challenge lead at OpenBazaar and CEO of OB1 — the for-profit firm which developed its software program — tweeted on April 9 of the progress made on a “new” model of {the marketplace} saying it’s “getting extra attention-grabbing by the day.”
Hitting 1,000 strains of code on the brand new @openbazaar repo. That is getting extra attention-grabbing by the day.
— brian hoffman (@brianchoffman) April 8, 2023
Within the replies, Hoffman was requested how {the marketplace} can be totally different this timegiven that as a result of monetary points and poor consumer progress, OpenBazaar was compelled to close down.
Hoffman replied talking of “freedom of exploration” and inferred that exterior affect had contributed to its preliminary downfall.
I’m letting it go the place it goes. No investor enter or exterior influences. Freedom of exploration.
— brian hoffman (@brianchoffman) April 9, 2023
The primary hints that OpenBazaar can be launching a comeback got here in a tweet from Hoffman on March 28, the place he linked OpenBazaar’s GitHub web page that confirmed he’d been engaged on a brand new model of {the marketplace} within the programming language Rust.
it is begun… pic.twitter.com/FkOOVNsc8c
— brian hoffman (@brianchoffman) March 28, 2023
Simply hours later OpenBazaar’s official account additionally posted a Tweet, which mentioned “it’s now time to develop once more from the ashes,” and that “work has begun.”
work has begun. we’ll want recruits. we’ll want your concepts, your ideas.
— OpenBazaar (@openbazaar) March 28, 2023
Including to the proof that {the marketplace} seems more likely to relaunch, the OpenBazaar web site at present bears the message “openbazaar 3.0 – coming quickly.”
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After the trade had shut down in 2020, Hoffman tweeted {that a} future iteration of OpenBazaar would require extra independence from OB1, however supplied no extra details about how this may work.
The way forward for @openbazaar will probably be extra independence from @OB1Company. Extra information on that quickly.
— brian hoffman (@brianchoffman) September 28, 2020
OpenBazaar has been hailed because the decentralized eBay various and was first launched again in 2014. It allowed customers to work together immediately with one another to make transactions utilizing Bitcoin (BTC).
{The marketplace} initially had the identify “DarkMarket,” however modified it to OpenBazaar following group enter in an try and enhance its public picture.
Cointelegraph contacted Hoffman and OpenBazaar for remark however didn’t instantly obtain a response.
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