Nostr Web Client

Gotcha

no, its retarded that its phone number based. Its absurd to base a bitcoin p2p platform on phone numbers, we have already better ways to do network in that sense.

Also, a great enanchement of what we have today will come in my opinion from an opening of the borders of p2p platforms: robosats that shows mostro and peach orders thanks to nostr, people that start a trade from telegram lnp2p bot and reach users on robosats with different treath models... We dont need a walled garden kyc-lite, centralized, phone based to exchange bitcoin.

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Discussion

2Pac 11mo ago

Wasn’t aware of all that

vexl 😎 11mo ago

Hey! We are using phone numbers to create a web of trust. Check out this article to learn more:

https://vexl.it/post/understanding-vexl-security-privacy-and-building-a-web-of-trust

ponymontana💜⚡ 11mo ago

I dislike the idea, but maybe could be useful for someone. Hoping the best for you, seems well intentioned and your success would be definitively net-positive, but I'm not in (except if you hire me 😁)

Grafton @ Vexl 9mo ago

And every single one of them have massive risk involved you’re connecting your bank account accounts. Vexl is based on face-to-face peer to peer.

Your phone number is not shared with anyone not us. It’s the key to allowing you to trade with your trusted connections with only people that you trust, friends and friends of friends.

This scales telegram groups do not they are prone to bad actors and need intense moderation. Vexl scales privately.

Currently, there is not a better web of trust in existence than phone numbers maybe Facebook

But the key is your phone numbers are not shared. They are hashed. The hashes are used to build out your social, which allow you to trade with friends and friends of friends.

I’m very curious how do you buy bitcoin if you buy it through other peer to peer platforms if you’re not paying with cash you’re exposing yourself to unnecessary risk.

Your phone numbers are not connected to Bitcoin. They are not connected to trades. They are not connected to anything. They are on your phone. They never leave your device.

Vexl does not have a wallet and it does not touch Bitcoin or fiat.

It is a nonprofit fully open source and backed by grants from the human rights foundation and OpenSats.

If you have a better solution one that enables me to trade with cash peer to peer in person with trusted connections I’m all ears and would love to hear about it.