r/Rein

113 archived posts · Nov 2015 – Aug 2020

Rein - Decentralized Labor Market

r/Rein

Rein is an experiment in decentralized labor that combines Bitcoin multisig escrow, digital signatures, and an internet-like microhosting model to build an uncensorable labor market.

Created Nov 7, 2015 · restricted

72Members (last snapshot)

113Archived posts

Update: Rein servers have been shut down. You can run your own but the project has not been actively developed since 2017.

Rein is an experiment in decentralized labor.

For years demand has been growing for decentralized markets, but even as the need has become clearer, it remains unfulfilled. Centralized markets have come and gone while some decentralized projects have an overly broad mission that ignores the key value proposition for Bitcoin.

Nobody can stop your Bitcoin payment from being confirmed. Similarly, nobody can stop trade in a decentralized market.

Just as using Bitcoin for storefront retail misses the point, so too does the use of a decentralized market to sell pet food or cookies. It makes for a nice tweet, but risks distraction from greater economic impact.

Rein brings together Bitcoin, multisig escrow, microhosting servers, ECDSA-signed documents and balanced incentives to create a decentralized labor market. With it, we have the potential to grow trustless trade, improve accountability, and reduce friction.

If you want to try out the alpha, download the client or visit http://reinproject.org

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