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Crypto Market OpenBazaar Confirms Upcoming Support for Ethereum

By CCN: Casually, OpenBazaar introduced this week that it could be including help for Ethereum. A random promotional tweet from the OpenBazaar account led one follower to ask about help for Ether and Dai, the algorithmic stablecoin which has over 1% of Ethereum locked in its contracts. The official account for responded that Ethereum help is nearly full:

OpenBazaar Confirms Ethereum Support Soon

OpenBazaar Confirms Ethereum Support Quickly

OpenBazaar confirmed to a Twitter follower that Ethereum help is nearly full. Supply: Twitter

First Ethereum, Then Tokens?

OpenBazaar is a decentralized, censorship-resistant commerce software that permits anybody to promote something, wherever. Whereas it payments itself as a approach for artists and small enterprise folks to have a combating probability at proudly owning their presence on-line, the platform did emerge within the wake of the Silk Highway’s closure.

The platform doesn’t nakedly help the promoting of medication – it’s on the person what will get listed – it doesn’t cease it both. When the Silk Highway fell, and plans for OpenBazaar had been introduced, demand for decentralized markets was at an all-time excessive.

Individuals took their possibilities on darknet markets that arose to fill the void left by the Silk Highway, reminiscent of Silk Highway Reloaded and others that didn’t final lengthy. A number of of the markets that did survive, reminiscent of Wall Avenue Market and Dream Market, just lately shut down.

It’s unclear how a lot of the shutdowns needed to do with legislation enforcement. We do know that some darknet operators had been arrested, after which warrants for the proprietors of DeepDotWeb, a once-reputable website for details about the darknet, had been executed.

The Crest of the New Darknet

It’s 2019, and governments lastly appear to be waking as much as the limitless energy of blockchain know-how. The Marshall Islands simply introduced that they’d be shifting totally to a brand new cryptocurrency they’re launching. A number of international locations are studying easy methods to regulate and observe blockchain transactions.

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