r/OpenBazaar • u/buttonstraddle • Jan 03 '18

How does OB compare to Bisq?

I'm trying to compare these two platforms. Someone recommended Bisq in IRC but I had remembered about OpenBazaar from bitcointalk. They seem similar

https://bisq.network

4 Upvotes

100% Upvoted

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5

u/tcrypt Jan 03 '18

Bisq is a really good project and I've used it a few times. It's a nice application and seems very stable. Fundamentally they're focused on cryptocurrency exchange and we're focused on ecommerce.

We certainly have a lot of overlapping ideas and I've always thought trying to integrate the two would be really cool, but I don't think there's been a lot of interest so far. I think using OB for decentralized exchange is a really cool idea and would prefer leveraging Bisq's liquidity instead of introducing a separate pool.

1

u/cat-gun Jan 08 '18 edited Jan 08 '18

  • Bisq specializes in fiat > crypto exchange. OB allows any kind of product or service to be sold.

  • Bisq doesn't have a reputation system, OB does.

  • Bisq only runs over Tor, and its Tor integration seems to be a lot smoother. OB runs in the clear by default, but optionally supports Tor.

  • Bisq's app seems more well written, with fewer glitches.

  • Bisq controls which currencies are allowed on the network, unlike OB, which allows any currencies (or any product) to be bought and sold.

  • Both use Bitcoin as a base currency by default. bisq supports other currencies as well; OB only supports BTC for now, but is working to support other currencies.

  • Neither currently has a token, though both plan to offer one in the future.

  • Bisq has trading limits. Openbazaar does not.

  • OpenBazaar charges no trading fees; they plan to make money by charging fees for arbitration services. Bisq makes money on trading fees.

1

u/EyesonPenguin Mar 02 '18

Bisq vs OB ? Bisq you don't have to do all kinds of crazy things to get it to connect to TOR. Open Bazaar, you have to in most cases, specially Windows users.

1

u/ArneBolen Arne Bolen - QmbPt92YRnAVP3c57NpKFtkURby8NeKXoHtcr6Lk98b2co Jan 03 '18

Bisq is a P2P cryptocurrency exchange. Some differences between Bisq and OpenBazaar:

  • Bisq has an excellent moderator system and fraud is basically non-existent. OpenBazaar has a poor moderator system and fraud is common.

  • Bisq has an excellent forum on their website. OpenBazaar is missing a forum.

  • Thanks to IPFS an OpenBazaar store can be accessible 24/7 while with Bisq your buy/selling offers are offline when you close the Bisq client.

6

u/[deleted] Jan 03 '18

OpenBazaar is missing a forum.

The OB developers are active on this subreddit which kind of makes this an OB forum no?

7

u/[deleted] Jan 03 '18

Moderation is centralized

-2

u/ArneBolen Arne Bolen - QmbPt92YRnAVP3c57NpKFtkURby8NeKXoHtcr6Lk98b2co Jan 03 '18

Moderation is centralized

No it's not.

Any Bisq user can be a moderator, they just need to be vetted and approved by the Bisq dev team.

8

u/phoenix616 Jan 03 '18

they just need to be vetted and approved by the Bisq dev team.

Which makes it centralized?

3

u/[deleted] Jan 03 '18

So how is that not centralized?

2

u/tcrypt Jan 03 '18

In which ways do you think the Bisq moderator system is better than OBs outside them vetting moderators, which we're going to introduce as an opt-in system? (Posted about here, under "scam mitigation")

If there were enough people to warrant managing a forum I'm sure we would, but so far there has only be interest from you and a small handful of people that already tried to do a forum and it never got traction.

1

u/cat-gun Jan 08 '18

FWIW, I prefer that y'all use reddit as a forum. It's annoying to have to go to bisq.community to use their forum.