- It will be called Civilization Kit (Civ Kit)
- And offer quick plug-and-play identification
- The founders are already predicting the “next evolution of bitcoin”
Jack Dorsey Crypto Company TBD became partner with Ray Youssef, co-founder of Paxful. They will launch a DeFi network for P2P bitcoin markets.
The new site will be called the Civilization Kit (Civ Kit). It will be built on the Nostr ecosystem and Lightning fast bitcoin payment technology.
Civ Kit is a new decentralized network protocol from Ray Youssef. He introduced it last month when the Paxful scandals surfaced.
Recall that in early April, the most famous and oldest P2P platform Paxful announced its closure. They said they are doing so because of regulatory pressure and conflicts between the two founders, Arthur Shabak and Ray Youssef.
From scratch
Civ Kit plans to create a network of decentralized non-custodial peer-to-peer bitcoin marketplaces. It will support the plug-and-play format. This is a quick entry technology (literally “plug and play”). An important role in this process will be played by decentralized identification tools developed by Jack Dorsey’s company TBD.
In an interview with The Block, Ray Youssef stated that Civ Kit will lead to thousands of P2P marketplaces around the world. And he called it “the next evolution of bitcoin.”
Meanwhile, the average BTC transaction fee has reached $19 due to the high network load.
