Bitpost | The decentralized system for global parcel delivery

[BitpostNetwork]

Bitpost | Decentralized parcel delivery



Bitpost is a fully decentralized parcel delivery system leveraging community members to provide services in their local areas, thereby building a global logistics network. Open to everyone. Beyond anyone's control. Powered by blockchain.



Website:
➡️ https://bitpost.cc

BPG Presale:
➡️ https://bitpost.cc/bpg

White paper:
➡️ https://bitpost.cc/whitepaper.pdf



Decentralized Logistics Network

Unaffiliated individuals build the global logistics network by operating sorting hubs, delivering parcels, or hosting electronic parcel lockers in areas where they live. The service coverage is constantly expanding until it spans the entire globe. Participants are incentivized for their honest work and penalized for protocol violations, allowing untrusted parties to securely exchange parcels entrusted by customers.


Game-changer for the Shipping Industry

Instead of relying on centralized sorting facilities, Bitpost uses a peer-to-peer like approach, where closely located sorting hubs exchange parcels with their neighbors. The network can scale dynamically, attracting more participants and increasing the frequency of transport between key distribution points, reducing delivery times with the only limit of actual transit time between sender and recipient.


Trustworthy Shipping Method

Security deposits locked in smart contracts guarantee compensation for lost or damaged parcels. Tracking statuses are immutable records on the blockchain, automatically generated during the parcel handoff and confirmed by cryptographic signatures, making them tamper-proof. Utilizing these mechanisms, Bitpost fosters a transparent and trustworthy logistics environment, ensuring that customers can rely on the integrity of the service.


Privacy by Design

Users can start using Bitpost instantly, without agreements or formalities. Instead of relying on government-issued IDs, users are identified solely by the cryptographic keys of their connected wallets, allowing network participants and parcel locker users to remain fully anonymous. For home deliveries, Bitpost maximizes the privacy of both the sender's and recipient's addresses.


Market-Driven Pricing

Instead of fixed rates for sending a parcel, Bitpost operates on a flexible, market-driven pricing model. Customers propose a fee, and drivers choose to accept only the jobs they find profitable. This decentralized approach creates a competitive environment within the network, encouraging continuous cost optimization among service providers.


In Harmony with Web3

Third-party smart contracts can interact with Bitpost's smart contracts to manage shipments, monitor their statuses, and take automated actions. The emergence of fully decentralized, Web3-compatible logistics system makes previously unattainable models, such as decentralized marketplaces, storage, rental services or pawnshops will be able to thrive.



BPG public presale is underway!

BPG is the governance token of Bitpost. BPG holders can decide about the project future by proposing protocol updates and voting on them. They are also entitled to share in the profits distribution.

PRESALE LIVE ➡️ https://bitpost.cc/bpg



X (Twitter):
https://x.com/BitpostNetwork

TikTok:
https://tiktok.com/@BitpostNetwork

[examplens]

Market-Driven Pricing

Instead of fixed rates for sending a parcel, Bitpost operates on a flexible, market-driven pricing model. Customers propose a fee, and drivers choose to accept only the jobs they find profitable. This decentralized approach creates a competitive environment within the network, encouraging continuous cost optimization among service providers.

Oh, how much infrastructure is needed for this alone, the software solution is perhaps the smallest problem. Plus there are a lot of additional things, customs, taxes, various controls... All this has to be done by people and some kind of token cannot solve it.

[dkbit98]

Oh, how much infrastructure is needed for this alone, the software solution is perhaps the smallest problem. Plus there are a lot of additional things, customs, taxes, various controls... All this has to be done by people and some kind of token cannot solve it.

Don't ask them to many questions about this, just send them your coins and participate in presale quickly
I could be wrong, but I don't see any realistic way for this project to work in next 5 to 10 years, if ever.
$1,200,000 won't change anything, and this project gives me the vibes from 2019/2020 time period.

[examplens]

Don't ask them to many questions about this, just send them your coins and participate in presale quickly

You mean:

[BitpostNetwork]

Oh, how much infrastructure is needed for this alone, the software solution is perhaps the smallest problem.

What exactly do you mean? What kind of infrastructure?

Don't ask them to many questions about this, just send them your coins and participate in presale quickly

We are happy to answer any questions about this project and ideas behind it. Feel free to ask.

I could be wrong, but I don't see any realistic way for this project to work in next 5 to 10 years, if ever.

It's not as difficult as you think. Check the roadmap on the project website. So far, the development work is on schedule, and we do not plan any delays. The presale is essential for us to launch with a bang: execute effective marketing, encourage early adopters to build the logistics network, and establish partnerships with popular online stores to integrate Bitpost as a delivery method. All the software behind Bitpost (smart contracts, dApp, etc) will be developed and launched regardless of the presale outcome, but without sufficient funding, organic growth may be slow, and the project could end up being quite niche.

this project gives me the vibes from 2019/2020 time period.

Just recently, we did research that resulted in this article:

bitpost.cc/the-story-behind-decentralized-parcel-delivery-systems-from-early-concepts-to-reality/

We also noticed that the biggest boom for decentralized delivery projects occurred during those years. Do you have any memories or personal thoughts related to that?

[Mortince]

In Harmony with Web3

Third-party smart contracts can interact with Bitpost's smart contracts to manage shipments, monitor their statuses, and take automated actions. The emergence of fully decentralized, Web3-compatible logistics system makes previously unattainable models, such as decentralized marketplaces, storage, rental services or pawnshops will be able to thrive.

That sounds really cool. However, I’m curious whether Bitpost will be able to support cross-chain functionality, or will it be limited to a specific ecosystem? If these aspects are managed well, Bitpost could indeed become a foundational layer for many decentralized services with real-world use cases. I’m looking forward to seeing how this develops

[BitpostNetwork]

Bitpost is building its complete ecosystem on top of an EVM-compatible blockchain, which hosts the platform's smart contracts, settlement and governance tokens, as well as all Layer 2 extensions, our own side projects and 3rd party applications. However interoperability is fully possible, for example by using the Arbitrary Message Bridge with another EVM-compatible chain.

[Mortince]

Does the nature of Bitpost not complicate tax compliance for both parties? Typically, businesses sending packages receive invoices from carriers like DHL, which serve as the basis for withdrawing funds from the company account and counting that amount as a business expense. Additionally, employees of such companies are legally employed. How does this work for users and workers within the Bitpost platform?

[BitpostNetwork]

On the service providers side, we don’t foresee any significant issues. In most countries, it is legal to acquire cryptocurrencies, whether through mining, receiving airdrops, or earning rewards for completing specific tasks. These tasks could also include transporting Bitpost parcels or engagement in other logistic processes. Taxes are typically applied only at the moment of selling crypto to cash.

However, the absence of formal invoices and the use of cryptocurrency for settlements can introduce unique challenges for business users who want to send orders to their customers using Bitpost. In many countries, a bit of creative accounting might enable businesses to take advantage of decentralized services like Bitpost. Another option could be the emergence of intermediaries registered in favorable jurisdictions who accept payments in fiat currencies, issue invoices for shipping services, and facilitate the ordering of Bitpost services on behalf of their customers. Ultimately, it may also turn out that using Bitpost provides such significant benefits in delivery speed that it is worthwhile to use the platform despite the inability to fully deduct shipping fees as business expenses. So there are numerous possibilities to address this.

[dkbit98]

We are happy to answer any questions about this project and ideas behind it. Feel free to ask.

How many developers are working on Bitpost project?
And can you show us some preview, since you are claiming that you have something completed.

It's not as difficult as you think. Check the roadmap on the project website.

I did check the roadmap, that is why I said that I think it's impossible for project like this to start doing anything serious, except maybe at small scales.
First, all smart contract have bunch of bugs, and I can only imagine what would happen with brand new contract that involves real life delivery events.
Second, I don't like network members handling hubs or anything else, decentralization is not a good idea for this.

[BitpostNetwork]

How many developers are working on Bitpost project?

There are three developers working on the project.

And can you show us some preview, since you are claiming that you have something completed.

What we can already present is BPX Chain (https://bpxchain.cc), developed by the Bitpost team as both the platform and native currency for Bitpost and related further projects. It’s the world’s first blockchain fully compatible with Ethereum that utilizes hard drives to mine new blocks, consuming only a fraction of the energy required by Proof of Work and sidestepping many of the drawbacks of Proof of Stake systems.
We also have the Bitpost smart contracts nearly completed, but the development of the user interface is still in its early stages. At this moment, I don’t see any way to present this, but in just a few more months, there will be a breakthrough.

First, all smart contract have bunch of bugs, and I can only imagine what would happen with brand new contract that involves real life delivery events.

Of course, bugs are common in any smart contract. But if we avoided innovation due to potential bugs, no new solutions would ever reach the market. Developing new ideas always comes with risks, but we believe that with gradually implementing new features and conducting thorough testing in an isolated environment without any valuable shipments, we can build a reliable system.

Second, I don't like network members handling hubs or anything else, decentralization is not a good idea for this.

Why do you think so? Independence from any centralized entity is, in our opinion, the greatest strength of the entire system.

[dkbit98]

There are three developers working on the project.

That is a start.

At this moment, I don’t see any way to present this, but in just a few more months, there will be a breakthrough.

OK, let's see what is going to happen in next few months.
I am following this project for any updates.

Of course, bugs are common in any smart contract. But if we avoided innovation due to potential bugs, no new solutions would ever reach the market. Developing new ideas always comes with risks, but we believe that with gradually implementing new features and conducting thorough testing in an isolated environment without any valuable shipments, we can build a reliable system.

Problem is that you are not only using smart contracts, but you are using totally new blockchain, that means number of bugs can only be higher than on established blockchains.

Why do you think so? Independence from any centralized entity is, in our opinion, the greatest strength of the entire system.

It usually makes thing work slower and less efficient, and with delivery business everyone want's precision and speed.

[BitpostNetwork]

Problem is that you are not only using smart contracts, but you are using totally new blockchain, that means number of bugs can only be higher than on established blockchains.

Our blockchain has already undergone over a year of testing. As of today, I can confidently call it a fully mature, battle-tested product.

It usually makes thing work slower and less efficient, and with delivery business everyone want's precision and speed.

There’s no chance that a model designed for unlimited scalability, with almost direct routes and an infinite pool of drivers, could turn out to be slower and less efficient than traditional delivery companies and their practice of transporting all packages to a central sorting facility only once a day.

[BitpostNetwork]

Announcement: The BPX Token Bounty Campaign is now live!

Recently, we have launched the mainnet of BPX Chain – an innovative EVM-compatible blockchain designed by the Bitpost team as a platform for Bitpost smart contracts.

To celebrate this important milestone and promote the Bitpost project, we are launching a bounty campaign with an airdrop of 2.500.000 BPX.

Complete daily, weekly, and special quests, earn points and get the native token of BPX Chain completely for free!

More info:
➡️ https://www.altcoinstalks.com/index.php?topic=325880.0

[dkbit98]

To celebrate this important milestone and promote the Bitpost project, we are launching a bounty campaign with an airdrop of 2.500.000 BPX.

Who is running this campaign for you?
Is there is any camapign manager or you are doing everything yourself?
This doesn't look like an airdrop to me when you are telling people to promote and write posts everywhere about your project.