Markety v2.1 Review: A Powerful and Secure Multi-Vendor Marketplace Script in Bitcoin PHP
Markety v2.1 Multi-Vendor Marketplace In Bitcoin PHP
If you are looking for a way to create your own online marketplace where you can sell and buy products with Bitcoin, you might be interested in Markety v2.1, a multi-vendor marketplace script in PHP that uses block.io as the payment gateway. In this article, we will review what Markety v2.1 is, how it works, how to install and use it, and what are its pros and cons.
Markety v2.1 – Multi-Vendor Marketplace In Bitcoin PHP » Premium Scripts,...
What is Markety v2.1?
A brief introduction to the script and its features
Markety v2.1 is a PHP script that allows you to create a multi-vendor marketplace website where sellers can list their products and buyers can purchase them with Bitcoin. The script uses block.io as the payment gateway, which means that neither valuable bitcoins nor user private keys are stored on the website. Instead, the script uses multisig transactions and BIP32 hierarchical keys to ensure security and anonymity.
Some of the features of Markety v2.1 are:
Multi-vendor support: sellers can create their own shops, add products, set shipping options, manage orders, report scammers, etc.
Bitcoin payment box: buyers can pay with Bitcoin through block.io, which generates a unique address for each order and confirms the payment automatically.
Messenger system: sellers and buyers can communicate with each other through a built-in messenger system that supports PGP encryption for sensitive information such as shipping details.
Admin panel system: admins can manage the website, approve or reject products, handle disputes, ban users, etc.
Top seller system: sellers can earn levels based on their sales volume and get featured on the homepage as top sellers.
How does it work with Bitcoin and block.io?
Markety v2.1 uses Bitcoin as the main currency for transactions on the website. To facilitate this, it uses block.io as the payment gateway, which is a service that provides an API for Bitcoin wallets and transactions.
When a buyer places an order on the website, block.io generates a unique Bitcoin address for that order and displays it on the payment page along with a QR code. The buyer then scans the QR code or copies the address and sends the amount of Bitcoin required for the order. Block.io monitors the network and confirms the payment when it reaches a certain number of confirmations (usually 3). The seller then receives a notification that the order has been paid and can proceed to ship the product. The buyer can track the status of the order on the website and rate the seller after receiving the product.
Markety v2.1 uses multisig transactions and BIP32 hierarchical keys to ensure that neither the website nor block.io can access or spend the funds without the consent of both parties. A multisig transaction is a type of transaction that requires more than one signature to be valid. In this case, block.io provides one signature and the website provides another signature using a private key derived from a master key. The master key is encrypted with a passphrase that only the website owner knows. This way, even if block.io or the website is compromised, the funds are safe as long as the passphrase is not revealed.
What are the benefits of using Markety v2.1?
Markety v2.1 offers several benefits for both sellers and buyers who want to trade products with Bitcoin. Some of these benefits are:
High security and anonymity: Markety v2.1 uses multisig transactions and BIP32 hierarchical keys to protect the funds from theft or loss. It also uses PGP encryption for messages and does not store any personal information about users on the website.
Low fees and fast transactions: Markety v2.1 charges a low commission fee of 1% for each order, which is deducted from the seller's balance. It also uses block.io as the payment gateway, which provides fast and reliable confirmation of payments on the Bitcoin network.
Multi-vendor and multi-currency support: Markety v2.1 allows multiple sellers to create their own shops and list their products on the website. It also supports multiple currencies such as USD, EUR, GBP, etc., which are converted to Bitcoin at the current exchange rate.
How to install and configure Markety v2.1?
The requirements and dependencies for the script
To install and run Markety v2.1 on your server, you will need the following requirements and dependencies:
A web server that supports PHP 7.0 or higher and MySQL 5.6 or higher.
A domain name and an SSL certificate for your website.
A block.io account and an API key for Bitcoin payments.
A Bitcoin RPC service such as bitcoind or btcd for generating BIP32 keys.
A PGP key pair for encrypting messages.
The steps to install and set up the script on your server
Once you have the requirements and dependencies ready, you can follow these steps to install and set up Markety v2.1 on your server:
Download the script from the official website or the marketplace where you bought it.
Upload the script files to your web server using FTP or SSH.
Create a MySQL database and a user for the script using phpMyAdmin or any other tool.
Import the database.sql file from the script folder to your MySQL database.
Edit the config.php file from the script folder and enter your database details, block.io API key, Bitcoin RPC service details, PGP key pair, and other settings.
Visit your website URL and log in to the admin panel with the default credentials: username: admin, password: admin.
Change your admin password and username from the admin panel settings.
Customize your website appearance, logo, favicon, title, description, etc. from the admin panel settings.
The admin panel and its functions
The admin panel is where you can manage your website, approve or reject products, handle disputes, ban users, etc. The admin panel has the following functions:
Dashboard: shows an overview of your website statistics, such as total orders, total sales, total users, etc.
Products: shows a list of all products on your website, where you can approve or reject them, edit them, or delete them.
Orders: shows a list of all orders on your website, where you can view their details, status, payment confirmation, etc.
Disputes: shows a list of all disputes on your website, where you can view their details, messages, evidence, etc., and decide who wins the dispute.
Users: shows a list of all users on your website, where you can view their profile, balance, products, orders, etc., and ban them or unban them.
Settings: allows you to change various settings for your website, such as site name, site URL, site logo, site description, commission fee, block.io API key, Bitcoin RPC service details, PGP key pair, etc.
How to use Markety v2.1 as a seller or a buyer?
How to create a product and a shipping option
If you want to sell your products on Markety v2.1, you need to create a product and a shipping option for it. Here is how you can do that:
Log in to your account and go to the "My Products" page.
Click on the "Add Product" button and fill in the product details, such as name, description, price, category, image, etc.
Click on the "Save Product" button and wait for the admin to approve your product.
Once your product is approved, go to the "My Shipping Options" page.
Click on the "Add Shipping Option" button and fill in the shipping details, such as name, price, delivery time, tracking number, etc.
Click on the "Save Shipping Option" button and select the products that you want to apply this shipping option to.
How to manage orders and disputes
As a seller, you need to manage your orders and disputes on Markety v2.1. Here is how you can do that:
Go to the "My Orders" page and view the list of orders that you have received.
Click on the "View Order" button and see the order details, such as buyer name, product name, shipping option, payment status, etc.
If the order is paid, you need to ship the product and enter the tracking number on the order page.
If the order is delivered, you need to mark it as completed on the order page.
If the buyer has any problem with the order, they can open a dispute on the order page.
If there is a dispute, you need to respond to it and provide evidence or explanation on the dispute page.
If you cannot resolve the dispute with the buyer, you can escalate it to the admin on the dispute page.
The admin will review the dispute and decide who wins it based on the evidence and messages provided by both parties.
How to use the messenger system and PGP encryption
As a seller or a buyer, you can use the messenger system on Markety v2.1 to communicate with other users. You can also use PGP encryption to protect your sensitive information such as shipping details. Here is how you can do that:
Go to the "Messages" page and view the list of conversations that you have with other users.
Click on the "New Message" button and select the user that you want to message from the drop-down menu.
Type your message in the text box and click on the "Send Message" button.
If you want to encrypt your message with PGP, you need to have the public key of the recipient. You can find it on their profile page or ask them to send it to you.
Copy their public key and paste it in the "PGP Public Key" box below your message.
Click on the "Encrypt Message" button and wait for your message to be encrypted.
Copy the encrypted message and paste it in the text box above. Then click on the "Send Message" button.
The recipient will receive your encrypted message and decrypt it with their private key using a PGP software or tool.
What are the advantages and disadvantages of Markety v2.1?
The pros of Markety v2.1
Markety v2.1 has some advantages that make it a good choice for creating a multi-vendor marketplace in Bitcoin PHP. Some of these advantages are:
High security and anonymity
Markety v2.1 uses multisig transactions and BIP32 hierarchical keys to protect the funds from theft or loss. It also uses PGP encryption for messages and does not store any personal information about users on the website. This way, it ensures high security and anonymity for both sellers and buyers who trade with Bitcoin.
Low fees and fast transactions
Markety v2.1 charges a low commission fee of 1% for each order, which is deducted from the seller's balance. It also uses block.io as the payment gateway, which provides fast and reliable confirmation of payments on the Bitcoin network. This way, it reduces costs and delays for both sellers and buyers who trade with Bitcoin.
Multi-vendor and multi-currency support
Markety v2.1 allows multiple sellers to create their own shops and list their products on the website. It also supports multiple currencies such as USD, EUR, GBP, etc., which are converted to Bitcoin at the current exchange rate. This way, it increases the diversity and accessibility of products and markets for both sellers and buyers who trade with Bitcoin.
The cons of Markety v2.1
Markety v2.1 also has some disadvantages that make it a less than perfect choice for creating a multi-vendor marketplace in Bitcoin PHP. Some of these disadvantages are:
Limited features and customization
Markety v2.1 has a simple and minimalist design that may not appeal to some users who prefer more features and customization options. For example, the script does not support product reviews, ratings, favorites, coupons, etc. It also does not allow sellers to customize their shop pages, add banners, logos, etc. The script is also not very responsive and may not work well on mobile devices.
Dependency on block.io and Bitcoin RPC service
Markety v2.1 relies on block.io as the payment gateway and a Bitcoin RPC service such as bitcoind or btcd for generating BIP32 keys. This means that if either of these services is down or unavailable, the script will not function properly and may cause errors or delays in payments or transactions. The script also does not support other payment methods or gateways besides Bitcoin and block.io.
Potential legal and ethical issues
Markety v2.1 is designed to create a multi-vendor marketplace in Bitcoin PHP that can be used for any type of product or service. However, this also means that it can be used for illegal or unethical purposes such as selling drugs, weapons, counterfeit goods, etc. This may expose the website owner, the sellers, and the buyers to legal and ethical risks and consequences. The website owner is responsible for complying with the laws and regulations of their jurisdiction and ensuring that the products and services offered on their website are legal and ethical.
Conclusion
A summary of the main points and a call to action
Markety v2.1 is a multi-vendor marketplace script in PHP that uses block.io as the payment gateway for Bitcoin transactions. It offers high security and anonymity, low fees and fast transactions, multi-vendor and multi-currency support, and other features for both sellers and buyers who want to trade products with Bitcoin. However, it also has some drawbacks such as limited features and customization, dependency on block.io and Bitcoin RPC service, and potential legal and ethical issues.
If you are interested in creating your own online marketplace with Bitcoin, you can buy Markety v2.1 from the official website or the marketplace where you found it. You can also contact the developer of Markety v2.1 for any questions or feedback.
FAQs
Q1: Where can I buy Markety v2.1?
A1: You can buy Markety v2.1 from the official website or the marketplace where you found it. The price may vary depending on the source and the license type.
Q2: How can I contact the developer of Markety v2.1?
A2: You can contact the developer of Markety v2.1 by sending an email to markety@protonmail.com or by using the contact form on the official website.
Q3: What are some alternatives to Markety v2.1?
A3: Some alternatives to Markety v2.1 are:
BitWasp: an open source PHP script that allows you to create a decentralized marketplace with Bitcoin.
CryptoMarket: a premium PHP script that allows you to create a multi-vendor marketplace with multiple cryptocurrencies.
CryptoExchanger: a premium PHP script that allows you to create a cryptocurrency exchange platform with multiple cryptocurrencies.
Q4: How can I update Markety v2.1 to the latest version?
A4: You can update Markety v2.1 to the latest version by downloading the update files from the official website or the marketplace where you bought it. Then you need to upload the update files to your web server using FTP or SSH and overwrite the existing files.
Q5: How can I get support for Markety v2.1?
A5: You can get support for Markety v2.1 by contacting the developer of Markety v2.1 by email or by using the contact form on the official website. You can also check the documentation and the FAQ section on the official website for more information and guidance.
I hope you enjoyed this article and learned something new about Markety v2.1, a multi-vendor marketplace script in Bitcoin PHP. If you have any questions or comments, feel free to leave them below. Thank you for reading and happy trading! dcd2dc6462