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08/04/19 09:30 UTC-4

OpenBazaar 2019: a new social network, Haven, with its own cryptocurrency

In 2019, OpenBazaar will launch its own Haven social network with its own cryptocurrency
In 2019, OpenBazaar will launch its own Haven social network with its own cryptocurrency

On April 7, it was reported that OpenBazaar peer-to-peer marketplace is in the process of developing its own social network. The Haven social network will work on the Ethereum network with an embedded tokenToken
– is an accounting unit that is used to represent a digital balance in an asset.Details
using the ERC-20 protocol. The information was made public in Cryptonews. 

Peer-to-Peer decentralized trade protocol with OpenBazaar open source has developed its own social network called Haven. Now the network is at the testing stage (beta version).

Interesting in the section: Ethereum – one of the most authoritative cryptocurrencies

 

OpenBazaar and Haven social network

"OpenBazaar (...), unlike websites such as Ebay or Amazon, does not charge for placement and purchase of goods. Since the transactionTransaction
– is a financial term that means a logically meaningful operation that can only be carried out completely. Details
is p2p (peer to peer), it takes place directly between buyers and sellers, and they have no middlemen (...) This is absolutely free e-commerce"
, – from the OpenBazaar site.

Marketplace developers Brian Hofmann, Sam Patterson, Amir Taaki expand the range of services offered by the OpenBazaar platform. In the second quarter of 2019, a beta version of the Haven social network based on the Ethereum blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
, which will become part of "anonymous trading" , appeared.

According to the information, the new social network will give platform clients the opportunity to exchange messages, put up lots of purchases-sales, send and convert cryptocurrencies. Haven will be available in desktop and mobile versions. In this case, the desktop will be released a few weeks faster.

It became known that the network will work on the IPFS protocol (for message transfer). Also, there is evidence that Haven will be implemented in the services of an anonymous Tor browser.

OpenBazaar uses Bitcoin and some altcoins to trade with the ability to add prices in Fiat and instantly convert to crypto. The platform works thanks to the clients' computers, which store all the information in the blockchain hashHash
(hashing) – a cryptographic term that means changing the input data of different sizes into the original data of a clearly defined size, using a special mathematical algorithm.Details
format.

Interesting in the section: Bitcoin Diamond – the controversial type of Bitcoin

In 2019, OpenBazaar introduced the Haven social network with its own cryptocurrency. Recall that several other social networks began to support crypto-payments. For example, Twitter made it possible to send Bitcoins and Tor accepts donations in 9 cryptocurrencies.

Editor: Godfrid Brower

See also: "The Samsung S10 has been hacked and raises concerns about the security of the crypto-wallet"

#OpenBazaar #cryptocurrencypurchases #socialnetwork #Haven #cryptocurrency

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