Messaging

Markets involving off-chain asset trading on the Cilistia Protocol are interactive, and communication between liquidity providers and traders is often necessary throughout the trading process. This communication may include the exchange of payment information, updates on payment status, and addressing any issues related to the trade.

Messaging on Centralized Exchanges

Centralized P2P exchanges typically provide an insecure messaging system for users. Messages are often stored unencrypted, making them vulnerable to being read by employees, exchange partners, and other third parties, or hackers in the event of a security breach.

Messaging on Cilistia

The Cilistia Protocol includes a private messaging protocol built on ECIES (Elliptic Curve Integrated Encryption Scheme) to allow users to send encrypted messages to one another. This messaging system ensures that a user's messages can only be read by the intended receiver, and not anyone else. As the protocol is decentralized, anyone can use the system without the need for permission.