Bitcoin-based escrow system using HTLC for secure peer-to-peer transactions in African markets
# bitcoin-escrow-htlc
Bitcoin-based escrow system using HTLC for secure peer-to-peer transactions in African markets
# Bitcoin Escrow System (HTLC)
## Overview
This project implements a decentralized escrow system using Bitcoin Hashed Time-Lock Contracts (HTLC) to enable trustless transactions between buyers and sellers.
## Problem
In many African peer-to-peer marketplaces, trust is a major issue. Buyers risk losing money, and sellers risk not being paid.
## Solution
This system uses Bitcoin-native smart contracts (HTLCs) to:
- Lock funds securely
- Release payment only when conditions are met
- Refund automatically if conditions fail
## Status
đźš§ Week 1: Discovery & Framing
## Next Steps
- Conduct user interviews
- Define use case
- Build HTLC prototype
## Tech Stack
- Bitcoin Script (HTLC)
- Node.js / Python
- Web Interface