The Particl Project is a truly decentralized platform, one which does NOT want to get hold of your data, one which asks no questions and allows you to buy and sell with complete anonymity.
It has been flying under the radar for quite a while but seems the Particl team have now put some great things together. There was a common realization among the developers of the project that the data collection activities of those large, centralized platforms had to be addressed. These platforms have shown themselves not only to be untrustworthy but at times lacking the necessary diligence to safely retain the personal data which users have been forced to give them.
So let’s take a look at the upcoming release….
The most striking feature of Particl Desktop v3 will be the inclusion of infinite markets and market management. This feature will allow users to create an unlimited number of markets or storefronts on the Particl network and manage an unlimited number of identities across any of these markets through user profiles. The Particl marketplace will become a network of infinite marketplaces and seller shops. The seller shops themselves can be made private with selected buyers needing an access code to enter. For instance, these shops could be for special promotions only for a particular group of customers or private channels between merchants and their suppliers.
This update “PARTICL V3” is the biggest one so far for Particl and it is going to take things to the next level in terms of decentralized marketplaces.
Buying, selling, reselling or advertising services, it seems that the Particl marketplace is an ideal venue for starting a new venture.
In order to find out more, we asked CryptoGuard, who takes care of communications for the project, what excites him about it and he came back to with this:
"To me it's all about freedom. Our world, and even the internet now, has grown very centralized which gives corporations and certain institutions too much power that they leverage to further their agendas and impose on us rules and high fees. Additionally, the giants controlling these central points of control have implemented very aggressive and intrusive data mining and tracking mechanisms which go against the very basic human right that is privacy (and personal freedom). This can be easily observed in the eCommerce sector. A few giants control most of the market and use their power to impose their rules and policies. This often results in censorship, bans of products and services, taking their own sellers out of business by copying their products, and intrusive data mining which often results in leaks of personal information. The worse part is that we have very little resources and alternatives as most, if not all, transaction data has to go through marketplace operators such as Amazon, eBay, or Alibaba, and then through payment processors like Mastercard, VISA, Paypal, etc. This is due to the very nature of centralized payments. What can we really do against these multi-billion dollar companies who prey on any perceived threat to their monopoly the second they get wind of it? Then came along Bitcoin, a censorship-proof, pseudonymous and free (as in freedom) currency. Yet, Bitcoin still has a problem, because most of the time you still need to spend it through centralized cryptocurrency payment processors. This introduces the very same issues mentioned above as with traditional payments. Bitcoin, with its decentralized nature, needs an equally decentralized way for it to be spent other than simply transferring coins to an address. And this is what excites me about Particl. It is an entire marketplace that provides most of the features you would find on a traditional marketplace like eBay, but instead of being run by a business which gets access to all the data and gets to impose its rules, it runs the exact same way as Bitcoin does, inheriting from its benefits and even more. It is entirely decentralized, meaning there is not a single third-party that has influence over it, is private-by-default, making it impossible for any party to collect and share personal and business information, and is censorship-proof so that anyone can buy and sell what they want, without restriction. And the cherry on top…it doesn't even charge a commission or sales fee. It is the perfect embodiment of free market, and it is a beautiful leap forward in technology that has the potential to fundamentally change eCommerce as we currently know it. Working as part of this revolution really makes one's life fulfilling." -CryptoGuard – Particl Communications
Now that was a much longer answer than expected but you see the passion and the potential plus the need for this decentralized eco- system. Also, we reached out to Ido Kaiser (also known as Kewde) who is Developer and Software Architect and, also, other Particl enthusiast Cyberpunks and asked them for their thoughts about the project:
“Once you've had a taste of what decentralization can do for the monetary system then it's obvious that we ask ourselves what it could mean for trade too. Whilst the trade is still rather decentralized today, thanks to a semi decent working of capitalism, it's not impossible to think that it might not stay that way. The Amazon company for example, they are in a unique and creepy position these days. They are both a marketplace and a producer/seller. There will be more companies like these in the future which have an internal conflict of interest. If you see a horrible trend, then I think the least we can do is already work on an alternative option.” -Ido Kaiser – Developer & Software Architect
“One of the things that I find really exciting about the Particl Open Marketplace is that it is pioneering decentralized and private commerce on the internet, using the very architecture that runs Bitcoin. I witnessed the team behind this project, one of the best in the business, go through the roughest market conditions yet still deliver a decentralized application that actually works, with no funny ICO business or marketing gimmicks. The marketplace is live right now for anyone to use, is open source, privacy-enabled, and can be run on the most basic setup so that anyone can be their own Amazon." -Miguel Cuneta, cryptocurrency and decentralization proponent, Co- founder of Satoshi Citadel Industries, Philippines.
"I'm excited about particl, because for the first time in history, a truly free and private market can exist. One that does not allow the market owner to use sales data to outcompete its own sellers and put them out of business. It also allows product inventors to bring their inventions to the market without fearing that copycats that use trends data will steal their idea before the inventors can at least make their initial investment back. This has caused a lot of inventions to be put on the ice and I am excited what new product can enter the market now that inventors can once again hope to profit from their ideas." -Joe Fisher – Particl Advicer
"The world is full of people who can't see the power imbalances that are being created. Only when the effects of those power imbalances are applied to their personal lifes will they be ready to accept decentralization. But that time will come, it's not a "if" statement, it's a "when" statement. I hope I get to see that tipping point myself but I'm very well aware of the fact that the decentralized technology like Particl has the ability to outlive all of us. When the time is right for people to claim back their privacy and freedoms in trade, I hope they find their way to our platform or at least draw inspiration to build their own." -Gerlof van Ek – Lead Designer & Branding, UI/UX, Developer of the Particl Project
"What really makes me passionate about Particl and decentralized marketplaces is the fact that it takes the burden of having to deal with any middlemen. That really puts the small sellers and buyers at the table and re-establishes fairness in eCommerce." -Bryan Woods – President Spend.com
One thing which We believe will drive the mass adoption and lead Particl to becoming a more mainstream player are the Infinite Markets:
"It is, simply put, an added functionality that allows anyone to create public or private user markets and storefronts. Whereas Particl’s Open Marketplace used to be the only Particl marketplace available, it will now be one out of an infinite amount of user markets or storefronts that anyone can create. It will, however, remain as the default marketplace, meaning anyone installing Particl Desktop will have access to and see this giant public marketplace."
You can test PARTICL V3 TESTNET here: https://particl.news/new-particl-v3-testnet-available/