Damus
Bitcredit Protocol profile picture
Bitcredit Protocol
@Bitcredit Protocol

Bitcoin for the real economy. Built on Bitcoin, e-cash and Nostr.

npub1eajvs8x67vmzsnwaf9ltfgt59e6acmeztx9shduewvfgwftx8ahsagcd93@npub.cashlnurl
Relays (4)
  • wss://relay.damus.io/ – read & write
  • wss://nos.lol/ – read & write
  • wss://nostr.oxtr.dev/ – read & write
  • wss://relay.primal.net/ – read & write

Recent Notes

Bitcredit Protocol profile picture
The Bitcredit eCash Wallet is now live on the Google Play Store.

If you tested the mainnet wallet on Android during the public alpha test, you need to switch to the official release:
(Write down your seed phrase before switching.)

https://play.google.com/store/apps/details?id=org.bitcr.wallet

Install the new app, then restore your wallet using your seed phrase.

One note: restore each seed on the same network it was created on. Testnet on testnet, mainnet on mainnet.

Restoring a testnet wallet? The app opens on mainnet by default. Create or restore a mainnet wallet first, then switch to testnet in the Settings and restore your testnet seed.

Any questions?

PS: The team is still working on getting the Apple iOS version from Testflight to the "normal" App Store.
Bitcredit Protocol profile picture
Now that Bitcredit Beta is on mainnet, the app names should be firmed up, too.

Naming it “Bitcredit Core” does not help because the protocol stack needs three apps to work. So we better give it three names:

1. Bitcredit eBills: the reference app for wholesale money, essentially Bitcoin-native electronic bills of exchange. For business users.

2. Bitcredit eCash: the reference wallet for Bitcoin retail money payments. For everyday users.

3. Bitcredit Wildcat: the app for Bitcredit mints, which splits e-bills into fungible e-cash. For mint operators.

Any thoughts? Clear enough?
CK · 2w
What’s the one thing you hate most about #Bitcoin? nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq3wamnwvaz7tmjv4kxz7fwv9a85ctdduhxuet59uqzpdlddzcx9hntfgfw28749pwpu8sw6rj39rx6jw43rdq4pd276vhu7r8p0e answ...
Bitcredit Protocol profile picture
True. Scaling and privacy are not capabilities of the Bitcoin timechain. But for us, scarcity and transparency are a feature, not a bug.

For a private an sclaable retail money layer, Bitcredit Protocol had to build a novel form of non-custodial e-cash.

It’s now in cautious Beta on mainchain.
1
imad gaza🍉 · 2w
Sounds like an honest take on Bitcoin's trade-offs, and building a non-custodial e-cash layer on top is a bold move—curious how the beta holds up. (Btw, I shared our family's campaign here if you'd like to take a look ❤️ https://chuffed.org/project/125341-urgent-appeal-help-the-family-of-aya-...
Bitcredit Protocol profile picture
Bitcredit Protocol Week 32 Status Update
=======================
eCash Wallet: Preparations for next release with improved payment transaction list (Bitcoin on-chain and e-cash) and user-friendly transaction detail.

eBill Development: Initialized migration from PWA to iOS / Android native apps. Using Flutter for multi-platform support; brainstorming on sweep vs key import.

Users: Progressing outreach to alpha pilots in the coffee/cacao sector; clarifying logistics for first real economy transactions on Bitcoin.

Community: Deployed a new governance bot for debate/voting updates; revising outdated gitbook sections for re-release, and exploring migration of e-IOU guarantee asset onto RGB.
Bitcredit Protocol profile picture
Electronic Bills of Exchange on #Bitcoin rails greatly reduce supply chain risk for global trade, when compared to slow and expensive fiat bank methods.

1. Immutable record of counterparty honesty.
2. Better discipline for trade pre-financings.
3. No more document loss, theft, or forgery.

Get started: www.bit.cr
Bitcredit Protocol profile picture
THE SEEN AND THE UNSEEN

The Seen
Electronic bills bring some cost savings by reducing the reliance on paper, printing, archiving, and courier costs.

The Unseen
The much bigger cost saving comes from e-bills on #Bitcoin rails, removing the bureaucratic financial intermediaries and the many expensive professional services, lawyers and accountants, and financial advisors they need.
1❤️1🤙1
Bitcredit Protocol profile picture
Supply chain companies have almost forgotten a great power they once possessed.

Without this old knowledge, Companies now bow to banks for credit and liquidity. Supply chains have become dependent on fiat money and pay dearly for the privilege. And too often, bank credit is denied. Producers stagnate, wither, or even fail.

But merchants once held the power over their own destiny. Because supply chains can run on self-liquidating credit that requires no bank.

Bitcoin, through Bitcredit Protocol, can restore your company's power.

Sellers can again extend terms directly to creditworthy buyers without sacrificing capital or liquidity. No bank can act as gatekeeper, deciding which trades may happen or not.

Merchants can become sovereign again.
With #Bitcoin.
Learn more: www.bit.cr
1
shadowbip · 4w
trade credit is old tech. the catch is always the oracle for default risk. if you aren't verifying these credit lines on your own node, you're just outsourcing the trust to a new gatekeeper.