P2P marketplaces need to become unstoppable, permissionless — Paxful co-founder
A new project aims to build a peer-to-peer marketplace to facilitate censorship-resistant, permissionless trading among Bitcoin users. Peer-to-peer (P2P) Bitcoin (BTC) marketplace s remain an important cog in allowing users to move money across borders, but their future depends on becoming permissionless and unstoppable according to Paxful’s Ray Youssef. Youssef, alongside Nicolas Gregory and Antoine Riard, is driving the development of Civ Kit, a P2P marketplace that will leverage the technology of Nostr and the Lightning Network to power a decentralized platform allowing censorship resistance and permissionless trading among peers. Youssef spoke exclusively to Cointelegraph’s Joe Hall at the Surfin’ Bitcoin conference hosted in Biarritz, France about the in-development project that is aiming for an alpha release toward the end of 2023. According to the white paper co-authored by Youssef, Gregory and Riard, the Civ Kit system will use the Nostr protocol for its P2P order book and...