OpenBazaar Developers May Introduce Altcoin Support in the Near Future – The Merkle

OpenBazaar is certainly at the top of many peoples lists of cryptocurrency-based marketplaces. The OpenBazaar protocol is appealing to a lot of people since it allows anyone in the world to buy or sell any good or service in exchange for Bitcoin. The possibilities are endless. One downside, though, is that OpenBazaar only supports Bitcoin right now. That situation will change very soon, by the looks of things.

Ever since the Openbazaar platform was released, cryptocurrency users have been incredibly excited about what theprotocol hadto offer. Being able to buy or sell any product or service in exchange for Bitcoin has a lot of value to a lot of users around the world. With most merchants hesitating to fullyadopt Bitcoin payments, different solutions are needed. OpenBazaar certainly checks a lot of the right boxes andit has a ton of functionality.

During the initial stages of OpenBazaar, there were some issues that needed to be addressed. For one, there was no convenient way to search for goods and services. Later on, the DuoSearch tool was introduced to alleviate this issue, and it has received a lot of praise over the past few months. OpenBazaars developers have been working on integrating their own search feature as well, which has madethe whole project more convenient for users.

There has also been a growing demand for altcoin support on OpenBazaar. Considering how this platform is designed to act as a decentralized protocol for marketplace purposes, there should notbe a limit on the range ofcoins users can utilizeto make or receive payments. Integrating altcoins into Openbazaar is not necessarily all that easy, butthe developers are working hard at it. It is a bit unclear which coins are on their radar right now, but Bitcoin Cash is one of the proposed solutions for the time being.

It would be quite interesting to see OpenBazaar embrace many altcoins. There has never been any indication the developers would not look beyond Bitcoin when it cameto dealing with payments. This makes a lot of sense, as Bitcoin is not the perfect currency some people would like to think it is. However, given the uncertainty regardingwhich altcoins will be integrated into theplatform moving forward, it is not impossible someone wouldfork this source code to include specific currency support in the future.

Indeed, that is one of the main selling points of OpenBazaar. Although the projects source code can be downloaded from GitHub with relative ease, there is nothing preventing other developers from making their own versions of thesoftware. When it comes to integrating support for alternative currencies, this can be an option well worth exploring. Any forked versions of OpenBazaar may eventually have features ported to the main development branch over time, depending on how successful the implementation is.

It is good to see the OpenBazaar team acknowledge their project couldbenefit from integrating support for various othercryptocurrencies. Although the main focus will always be Bitcoin, there are plenty of other currencies thatcould be valuable additions to this protocol in the future. There is no plan to drop Bitcoin support altogether, but the developers do not seem satisfied with theway things standright now. That is notentirely surprising, but it couldhave major consequences for this decentralized marketplace project.

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OpenBazaar Developers May Introduce Altcoin Support in the Near Future - The Merkle

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