“It's using a peer-to-peer based encryption system, kind of similar to #bitcoin."
https://blossom.primal.net/69d497a09e65313c1f6c972e2df1a80fc5f4fb043c71621e269825157ff46195.mov
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Oof. Pretty sure he means E2E encryption. Not open source. Nothing like Bitcoin. Should've at least used Signal protocol.