Zurg, Switzerland, February 23, 2023, Chainwire
A fork of Bitcoin, known as Particle, announced the completion of an eBay-style marketplace that has been integrated into its portfolio. Built using blockchain smart contracts, the market is derived from an original concept first proposed by Satoshi Nakamoto.
The latest version of Particl forms a trustless and unstoppable marketplace where buyers and sellers can trade goods without risking getting ripped off. It offers zero fees and encrypted chat messages between buyers and sellers, as well as ring signatures and blinds to provide greater transactional privacy than Monero.
The creator of Bitcoin disappeared in 2011 after being invited to meet with the CIA. His last email stated, “I moved on.” Before disappearing, Satoshi worked on a market integrated with 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 market in line 69 of header file. “I was trying to set up an eBay-style marketplace built into the customer,” he said in a 2011 email to Mike Hearn.
During the Covid pandemic, the sale of many essential items has been 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 have been listed. The first Tesla car even went on sale, long before Elon Musk got into crypto.
The Particl marketplace currently only allows users to 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 eventually allow payment in almost all cryptocurrencies eventually, making Particl a truly crypto-agnostic marketplace.
Particl is an Amazon, eBay and exchange disrupter. The project was started in 2014 and its foundation was established in Zug, Switzerland in 2017. A view of the marketplace portal is available at particle storewhile to buy and sell items, users can download Particl Desktop from particular.io. The Particls DEX, BasicSwap, can be downloaded from basicswapdex.com .
Further information can be found on the FAQs or by contacting spokesperson Dr. Kapil Amarasinghe at email@example.com.