Tag Archives: Peer To Peer

OpenBazaar: The Decentralized Offspring of Ebay & Amazon

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“No longer do you have to worry about a centralized business dictating the rules of operation (i.e. what kinds of items you want to list, what price, where you can sell or buy from). This creates a borderless trade system that no longer is limited to corporate interests.   Secondly is, as a protocol, OpenBazaar will support many types of business operations, not just direct sales or auctions (la eBay). You will be able to conduct all sorts of activities like lending, crowdfunding, crypto security issuance. The thing that makes this work, though, is our arbitration system, which uses multisignature transactions and a reputation system that is being built currently.”

http://cointelegraph.com/news/112756/openbazaar-the-decentralized-offspring-of-ebay-amazon-interview-with-project-lead-brian-hoffman

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Dark net drug markets kept alive by great customer service

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“History suggests that those who want drugs will usually find a way to get them. And here they can get a better product with fewer negative risks associated with buying drugs on the street. It even bears down on the street crime associated with drug turf wars as street pushers become redundant. These marketplaces are transforming the dirty and dangerous business of buying drugs in dark alleyways into a simple transaction between empowered consumers and responsive vendors. It’s not online anonymity, Bitcoins, or clever encryption that keeps the darknet markets thriving. The real secret is good customer service.”

http://www.wired.co.uk/news/archive/2014-08/21/buying-drugs-on-the-dark-net

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New FAA ruling effectively bans ridesharing for planes

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“A recent FAA ruling has left Uber of air travel-hopeful AirPooler and other startups like it in a legal bind. The agency yesterday stated that private pilots who don’t hold a special government-issued certificate are banned from publicly offering seats on their planes for a fee.  The ruling is meant to keep consumers safe from flying with unseasoned pilots, but it also makes it more expensive for pilots to fly while also making it harder for planesharing companies to do business.  The ruling is meant to clarify a 1963 proposal that allows for pilots to privately ask passengers to split travel expenses like the cost of fuel. Up until now, pilots could seek out passengers for trips.”

http://www.theverge.com/2014/8/16/6009055/new-faa-ruling-effectively-bans-ridesharing-for-planes

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How Crowdsourcing Solves Medical Mysteries

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“On CrowdMed, a new service that brings doctors — many of them retirees with years of experience and wisdom — together with laypeople to crowdsource difficult diagnoses, users post their symptoms and their case is ‘live’ for 30 days. During this time, the site’s ‘medical detectives’ — all volunteers — offer possible diagnoses, discuss with each other, ask questions of the patient and ultimately bet points on the right diagnosis from the suggestions offered by their peers.  At month’s end, CrowdMed sends the diagnoses with the most points to the user, who can then discuss the results with his or her doctors. Patients can incentivize the team’s medical detectives by offering a cash stipend.”

http://www.forbes.com/sites/nextavenue/2014/08/05/how-crowdsourcing-solves-medical-mysteries/

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Mike Hearn Wins $40K Bounty for Bitcoin Core Crowdfunding Platform

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“BitcoinJ developer and former Google engineer Mike Hearn, creator of the decentralized crowdfunding platform Lighthouse, has been awarded the majority of a $100,000 bounty. The bounty was offered by self-proclaimed bitcoin millionaire and entrepreneur Olivier Janssens, who in a post on the bitcoin subreddit from June called for a platform to facilitate funding for critical bitcoin projects. In his original statement, Janssens argued that the Bitcoin Foundation was failing to adequately fund bitcoin core development. Because of this, he stated, the bounty winner’s project should serve as a replacement for the Foundation itself.”

http://www.coindesk.com/mike-hearn-wins-40000-bounty-bitcoin-core-crowdfunding/

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Overstock’s Radical Plan to Reinvent the Stock Market With Bitcoin

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“Overstock.com and its swashbuckling CEO, Patrick Byrne, are hoping to create a new kind of corporate stock based on the computer software that drives bitcoin, aiming to overhaul the stock market in much the same way that bitcoinoverhauled how we store and exchange money.  Overstock—one of the world’s largest online retailers, with $1.3 billion a year in sales—unveiled a webpage that explores how a public company could issue a ‘cryptosecurity’ to potential investors. In an echo of the bitcoin digital currency, this would be a stock that’s controlled by cryptographic algorithms running across a network of computers owned by people and companies spread across the globe.”

http://www.wired.com/2014/07/overstock-and-cryptocurrency/

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A New Digital Currency Whose Value Is Based on Your Reputation

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“Unlike with bitcoin—which keeps its currency scarce by rewarding it only to those who participate in what amounts to a race to solve complex cryptographic puzzles—anyone will be able to create a new Document Coin anytime they want. The value of each coin will be completely subjective, depending on who creates the coin and why. ‘For example, the coin my disco singer friend created and gave me at my barbeque might be what gets me past the rope at the club,’ Anderson says. A coin minted by tech pundit Tim O’Reilly might be highly prized in Silicon Valley circles, but of little interest to musicians. ‘It’s a bit like a combination of a social network with baseball trading.'”

http://www.wired.com/2014/07/document-coin/

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Austrian Tor Exit Node Operator Found Guilty As An Accomplice

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techdirt1

“Three years ago we wrote about how Austrian police had seized computers from someone running a Tor exit node. This kind of thing happens from time to time, but it appears that folks in Austria have taken it up a notch by… effectively now making it illegal to run a Tor exit node.  It’s pretty standard to name criminal accomplices liable for ‘aiding and abetting’ the activities of others, but it’s a massive and incredibly dangerous stretch to argue that merely running a Tor exit node makes you an accomplice that ‘contributes to the completion’ of a crime. Under this sort of thinking, Volkswagen would be liable if someone drove a VW as the getaway car in a bank robbery.”

https://www.techdirt.com/articles/20140701/18013327753/tor-nodes-declared-illegal-austria.shtml

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Khan Academy’s Challenge to State-Certified Educators

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portallogo3

“The whole system of automatic payments based on seniority and the number of semester hours earned in night school programs and summer vacation programs is about to come to an end.  The teachers’ union is by far the most powerful single union in the United States. It is the most powerful politically. It is the most powerful economically. It is based on an illusion. That illusion is being statistically undermined every day by the Khan Academy. The foundation of the entire public school system all over the world is being undermined free of charge every day. A man with no training as a teacher is clearly the best teacher in the world. This is demonstrated by the number of students he has.”

http://www.garynorth.com/public/12661.cfm

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AirPooler Could Be the Uber of Flying

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“Given the state of the airline industry—the cost of flying is creeping up every year while the experience of flying gets worse—it’s no surprise that someone figured out how to take the ride-sharing business model from cars and adapt it to planes.  Prices are far from prohibitive. Right now, the service lists a round-trip flight from Palo Alto, California to Sacramento this weekend for under $180. A comparable economy ticket from United Airlines with such short notice is over $800.  Part of the reason tickets are so cheap is because the Federal Aviation Administration prohibits private pilots from accepting personal payment.”

http://reason.com/blog/2014/04/08/airpooler-could-be-the-uber-of-flying

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