Syscoin DEM vs OpenBazaar

in #crypto-news10 years ago (edited)

Had some time today to test the new

Syscoin Decentralized Market (DEM)


Search my listings "fav"

WHAT IS SYSCOIN? Syscoin is a revolutionary cryptocurrency that not only allows low-cost financial transactions like Bitcoin, but provides businesses the infrastructure to trade goods, assets, digital certificates and data securely.

Source: syscoin.org

Pros:

  • Blockchain
  • Always online
  • Affiliate/Reseller System (nice!)
  • Messages
  • Escrow
  • Certificates
  • Many currencies supported

Cons:

  • Entry level high
  • Needs a fully synced blockchain
  • Listings are confusing to browse/search - no good overview (no images)

let's have a look at

OpenBazaar


find my shop at ob://@fav/store

Pros:

  • Entry level low
  • Easy to Setup
  • Easy to search/browse
  • Does not require indepth crypto knowledge
  • Messages
  • Escrow

Cons:

  • No Blockchain
  • Shops are not permanent - server needed
  • Bitcoin only

Conclusion: Syscoin and OB should marry.

What are your thoughts?

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Syscoin sound like bitshares ?!

Do you really need an advertisement on top of the potential to get rewarded for good posts?

ads for my blog. that's a difference, but anyways upvotes will lose a lot of value until they're ready for pay out.

Nice article. Thanks for bringing this to my attention. Blockchain is here to stay, therefore we shouldn't look at what most people invest in but in the real quality projects, with great teams, management and a great product. Some people are still investing in "an idea". Is an Idea worth 100m+ USD to you? Personally I always use: https://www.coincheckup.com Since I use this site I make so much less basic investment mistakes.