We propose a new peer-to-peer electronic market system, which enables censorship-resistant and permissionless trading between users of the global Bitcoin system. This design builds on top of the new Nostr protocol for its
peer-to-peer order book and relies on the Bitcoin blockchain as a source of truth for its Web-of-Stakes market ranking paradigm.Market trades are locked under Bitcoin contracts to avoid reliance on trusted third parties for dispute arbitration. All market nodes are incentivized by privacy-preserving service credentials backed by Bitcoin payments. This market system should enable global trade of any kind of item all over the world: fiat currencies, goods, services.
