{"id":2903,"date":"2022-03-05T17:51:12","date_gmt":"2022-03-05T17:51:12","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/ink-protocol-whitepaper\/"},"modified":"2022-03-05T17:51:12","modified_gmt":"2022-03-05T17:51:12","slug":"ink-protocol-whitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/ink-protocol-whitepaper\/","title":{"rendered":"Ink Protocol Whitepaper"},"content":{"rendered":"<div readability=\"81.681037277147\">\n<p>Ink \u200bProtocol \u200bis \u200bdeveloped \u200bby \u200bListia, \u200ba \u200bP2P \u200bmarketplace for \u200bbuying \u200band \u200bselling \u200bused \u200bgoods \u200bonline. \u200bLaunched \u200bin 2009, \u200bthe \u200bmarketplace \u200bnow \u200bhas \u200bover \u200b10 \u200bmillion registered \u200busers \u200bwho \u200bhave \u200bexchanged \u200b100 \u200bmillion items. \u200bThe \u200bcompany \u200bhas raised \u200b$11MM \u200bin \u200bventure capital \u200bfrom \u200bprominent \u200binvestors. Listia \u200bwill \u200bbe \u200bintroducing \u200ba \u200bnew \u200bdecentralized reputation and \u200bpayment \u200bsystem \u200bcalled \u200bInk \u200bProtocol (\u201cInk\u201d), \u200bwhich \u200bis \u200bpowered \u200bby \u200bthe \u200bEthereum \u200bblockchain and \u200bXNK, \u200ban \u200bERC20 compatible \u200btoken. \u200bInk \u200bhelps \u200busers safely \u200bsend \u200band \u200breceive \u200bpayments \u200bin \u200bP2P \u200bmarketplaces \u200bwhile \u200bearning \u200bpublic reputation \u200bfor \u200bevery completed \u200btransaction. \u200bIt \u200bgreatly \u200benhances \u200bthe \u200bbuying\/selling \u200bprocess \u200bwith \u200bdecentralized reputation \u200band \u200bfeedback \u200bratings, \u200bdecentralized \u200bescrow \u200bfor \u200bsecure \u200bpayments, \u200bthird \u200bparty \u200bdispute resolution, \u200band \u200bvery \u200blow \u200btransaction \u200bcosts.<\/p>\n<p>Ink \u200bcan \u200bbe \u200bintegrated \u200binto \u200bnew \u200bor \u200bexisting \u200bmarketplaces \u200band \u200bcan \u200balso \u200bbe \u200bused \u200bin \u200bmarketplaces that \u200bdon\u2019t \u200bdirectly \u200bhandle \u200bpayments \u200b(eg, \u200bCraigslist \u200band \u200bFacebook \u200bMarketplace). \u200bFor \u200bsellers,<\/p>\n<p>accepting \u200bInk \u200bbuilds \u200bup \u200btheir \u200bpublic \u200breputation, \u200bwhich \u200ballows \u200bthem \u200bto \u200bstart \u200bselling \u200bquickly \u200bon \u200bnew marketplaces \u200bwithout \u200bneeding \u200bto \u200bbuild \u200breputation \u200bfrom \u200bscratch. \u200bBuyers \u200bcan \u200bview \u200bany \u200bseller\u2019s<\/p>\n<p>reputation \u200bacross \u200bmultiple \u200bmarketplaces \u200band \u200bconfidently \u200bpay \u200busing \u200beither \u200bautomated \u200bor<\/p>\n<p>human-mediated \u200bescrow \u200bcontracts. \u200bPayments \u200bcan \u200bbe \u200bmade \u200band \u200breceived \u200bnatively \u200busing \u200bthe \u200bInk<\/p>\n<p>Protocol \u200bToken \u200b(XNK) \u200bor \u200bconverted \u200beasily \u200bto \u200band \u200bfrom \u200bfiat \u200bcurrencies \u200blike \u200bUSD.<\/p>\n<p>Ink \u200bwill \u200balso \u200bbecome \u200bthe \u200bnew \u200breputation \u200band \u200bpayment \u200bsystem \u200bwithin \u200bthe \u200bListia \u200bmarketplace.<\/p>\n<p>Listia \u200bcurrently \u200buses \u200ba \u200bcentralized \u200bvirtual \u200bcurrency \u200bcalled \u200bListia \u200bCredits \u200bfor \u200ball \u200btransactions.<\/p>\n<p>Existing \u200busers \u200bwith \u200bListia \u200bCredits \u200bwill \u200bhave \u200btheir \u200bbalances \u200bconverted \u200bto \u200bXNK, \u200bproviding \u200bInk \u200bwith \u200ba tremendous \u200bboost \u200bfor \u200binitial \u200busage, \u200bstability, \u200band \u200bnetwork \u200beffects \u200bon \u200bday \u200bone. \u200bAdditionally, \u200bListia will \u200bcreate \u200ba \u200bstandalone \u200bpayments \u200bapp \u200bso \u200busers \u200bof \u200blocal \u200bmarketplaces \u200bsuch \u200bas \u200bCraigslist \u200band Facebook \u200bMarketplace \u200bcan \u200bbuild \u200breputation \u200band \u200bstart \u200busing \u200bInk \u200bright \u200baway. \u200bWith \u200blarge \u200bscale<\/p>\n<p>adoption \u200band \u200bapps \u200bthat \u200bcan \u200bbe \u200bused \u200bin \u200bmultiple \u200bmarketplaces \u200bat \u200blaunch, \u200bInk \u200bis \u200bwell \u200bsituated \u200bto become \u200bthe \u200bpreferred \u200breputation \u200band \u200bpayment \u200bsystem \u200bin \u200ball \u200bP2P \u200bmarketplace \u200btransactions.<\/p>\n<p> <a href=\"https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2018\/05\/Ink-Protocol.pdf\" class=\"pdfemb-viewer\" data-width=\"max\" data-height=\"max\" data-toolbar=\"bottom\" data-toolbar-fixed=\"on\">Ink Protocol<br \/><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ink \u200bProtocol \u200bis \u200bdeveloped \u200bby \u200bListia, \u200ba \u200bP2P \u200bmarketplace for \u200bbuying \u200band \u200bselling \u200bused \u200bgoods \u200bonline. \u200bLaunched \u200bin 2009, \u200bthe \u200bmarketplace \u200bnow \u200bhas \u200bover \u200b10 \u200bmillion registered \u200busers \u200bwho \u200bhave \u200bexchanged \u200b100 \u200bmillion items. \u200bThe \u200bcompany \u200bhas raised \u200b$11MM \u200bin \u200bventure capital \u200bfrom \u200bprominent \u200binvestors. Listia \u200bwill \u200bbe \u200bintroducing \u200ba \u200bnew \u200bdecentralized reputation and \u200bpayment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2903","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/2903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=2903"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/2903\/revisions"}],"predecessor-version":[{"id":2904,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/2903\/revisions\/2904"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=2903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=2903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=2903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}