"Billions of people have been relegated to non-existence by this failed fiat system. Bitcoin is the solution, and we’re not backing down." - Ray Youssef

Happy Thursday, Bitcoiners!

It's The Bitcoin Dispatch, here with your daily dose of Bitcoin news!

Bitcoin Fanatics Unleash Civ Kit: A Slick, Censorship-Resistant P2P Market System

So, these Bitcoin fanatics have whipped up an academic white paper about this thing called Civ Kit.

It's all about making a censorship-resistant, permissionless peer-to-peer electronic market system. Antoine Riard, Nicholas Gregory, and Ray Youssef are the brains behind this, and they've even tossed it over to the Bitcoin developer community to get their thoughts. Mixing up Nostr architecture with the Lightning Network, they're all about "privacy and security through escrowed trades, decentralized identity, moderation, a P2P messaging protocol, and know-your-peer (KYP) oracles for adjudication." Sounds fancy, huh?

These guys plan to put out code and modules bit by bit, building on the Lightning Dev Kit and Nostr libraries. And don't worry, they're all about that open-source and transparency life, just like Bitcoin Core and libsecp256k1.

Trust and reputation are at the heart of the Civ Kit's design. It even has this universal credit score thing for traders based on successful trades and trust techniques. Apparently, some of the smartest folks in the Lightning and Discreet Log Contract engineering communities have given this a look-see.

Nicholas Gregory, one of the masterminds behind the Civ Kit, has been about that Bitcoin infrastructure since 2016. He's hoping this project will seriously boost Bitcoin's circular economy.

Ray Youssef, the founder of Paxful and the Built With Bitcoin Foundation, is all about carrying on Satoshi Nakamoto's work and sticking it to the international powers. The team's even working on blending their research with Noones, a new company focused on financial freedom in the Global South. The Civ Kit is up for grabs on GitHub for anyone who wants to collaborate.

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That's a wrap for today. Until next time.

By the way, Have you read 'The Bitcoin Standard' book? Reply with 'Yes' if you have 👀