Whitepaper alignment
BitDoves Market is built to the principles of Satoshi Nakamoto's Bitcoin whitepaper. Here is exactly how, line by line.
“A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.”— Nakamoto, S. (2008). Bitcoin: A Peer-to-Peer Electronic Cash System, §1.
Peer-to-peer settlement
§1Trades settle directly between buyer and seller wallets over Lightning or on-chain. We never custody funds and never sit in the middle of a payment.
Cryptographic identity only
§2 · §5Verification means proving you control a Bitcoin or Nostr key by signing a message. No documents, no KYC vendors, no central authority. Verification is advisory and never gates trading.
Bitcoin-only revenue
§6Every fee we charge is paid in sats over Lightning or on-chain. No Stripe, no cards, no fiat checkout, no paid promotions outside Bitcoin rails.
Reputation from verifiable work
§6 · §11A user's public reputation is derived from completed on-chain/Lightning transactions and peer reviews tied to those trades — not from platform-assigned scores.
Open, permissionless participation
§5Anyone with a Bitcoin wallet can list, buy, sell, and message. No KYC gate, no allow-list, no jurisdiction filter. Listings are subject only to a published policy against fraud and illegal goods — there is no kill-switch on the underlying ability to transact peer-to-peer.
Why Pro costs 2,100 sats / month
- Paid over Lightning, non-custodial — we never hold your sats.
- Funds infrastructure and free-tier spam resistance.
- Does not gate the protocol. Two users with Bitcoin wallets can always transact peer-to-peer, on or off this platform.
- §6 of the whitepaper concerns base-layer miner incentives. Application-layer coordination fees are a separate category.
Why we charge a 2% / 1% coordination fee
- Settlement stays peer-to-peer. Lightning trades use a two-invoice 98/2 split so the platform never holds the full amount.
- The fee is for the matching, listing, and dispute surface — not a tax on the settlement path itself.
- Free accounts pay 2%, Pro pays 1%. Buyers always pay 0%.
- Every Bitcoin transaction can be independently verified by the buyer on any block explorer — we use two (mempool.space and blockstream.info) and they must agree before an order is marked paid.