OB1, the startup that oversees the development of the market protocol, said on Wednesday it had integrated Bitcoin Cash, the dissident cryptocurrency that broke away from Bitcoin's main blockchain last year. In addition, OpenBazaar has also added a beta version for Zcash support, the company said, with both currencies being added as part of the project's version 2.1.
OpenBazaar was launched for the first time in mid-2016, and since then has added features to support the network The Onion Router (Tor). And as announced at the December Token Event, OpenBazaar plans to integrate its own tab, an action that is expected to take place this year.
In statements, the implementation behind the protocol positioned the integration as a nod to the demand for more payment options among the user base of the market.
Brian Hoffman, CEO of OB1, said about the launch :
"OpenBazaar was created for the first time in 2014 as a way to perform transactions using Bitcoin, which was the largest cryptocurrency and used at that time. It was practically the only game in the city. Today several cryptocurrencies have emerged that demonstrate different use cases and we have learned that this choice is an important part of what buyers and sellers want to see in OpenBazaar. "
The startup has raised more than 4 million dollars to date, with the backing of well-known venture capital firms such as Andreessen Horowitz and Union Square Ventures, as well as industry investors such as Digital Currency Group and BlueYard based in Berlin.