Completely Functional Decentralized Marketplace Protocol Drop Zone is Released -

Completely Functional Decentralized Marketplace Protocol Drop Zone is Released


Bitcoinist_Blockchain Tech/u/ _miracle-max_ on reddit has released a working release of his project titled Drop Zone. The Drop Zone Protocol is a decentralized marketplace layer that is written on top of Bitcoin. While this is by no means a finished project, the functioning command line client allows “for the selling, buying, and facilitation of secure messaging between buyers and sellers using nothing but the Blockchain and testnet.” The current working version is written entirely in the Ruby language and is available on Github and Rubygem. 

Also read: The Miner’s Advantage With Uncapped Block Size

Instructions on how to operate the protocol can be read on reddit and the full original technical paper on Drop Zone can be read here.

Because the platform is completely operational, buyers and sellers can begin to use the platform as a marketplace. The creator hopes that “as adoption increases, Drop Zone will provide instantaneous, convenient hyper-local market services as well.

I hope for active community participation. I would like to see users push for Drop Zone integrations in their preferred mobile wallets, and I hope that those interested in decentralized markets will take up the torch and begin building interesting applications on top of this protocol. All at once, Drop Zone solves the problem of disappearing marketplaces and their associated exit scams w/o need for running any additional supporting infrastructure. Drop Zone is Bitcoin.”

Drop Zone is another great application for blockchain technology and something that is written on top of Bitcoin. Platforms such as Drop Zone expand the power and capabilities of Bitcoin and inspire even more innovation in which the underlying technology of Bitcoin can be expanded on.

What do you think about Drop Zone? Let us know in the comments below! 

Images via Pixabay.

Drew Cordell

Drew is an undergraduate student at the University of Texas at Dallas, majoring in Business. He is an active member of the Cryptocurrency community, and enjoys collecting, trading, and writing about various coins. Outside of the digital currency world, Drew tends to spend his time with friends, playing video games, or studying. Feel free to email him with news tips or questions at [email protected]

  • Thomistic Cajetan

    Do you know how this project differs from OpenBazaar? Would have been nice to be given a comparison feature of them, maybe for another article? Thanks for all the great info.

  • andrea

    great news ! and I,m sure there will be many more innovations that will make BTC and all other crypto-currency, more a total”package” with the actual currency, the messaging system and the blockchain way of getting and giving authorization to text and transactions, I am really baffled at the speed this bitcoin technology is developing, I am , however a little nervous about banks now jumping on the bandwagon with wanting to use the block-chain tech. I do not want them buying their way into some sort of authority or management house for anything! money corrupts .