Skip to content

Latest commit

 

History

History
30 lines (19 loc) · 1.28 KB

silentpayment.md

File metadata and controls

30 lines (19 loc) · 1.28 KB

Summary

Silent payments build on concepts like BIP47, which allows individuals to create reusable payment codes that can be tweaked by others to create unique public addresses that only the sender and receiver are aware of. This allows the receiver to accept bitcoin in a more private fashion when compared to exposing a xpub or simply reusing a single address to receive payments. It removes the need for a notification transaction entirely by leveraging the outputs in a transaction to signal to the recipient when funds are intended for them.

Reading List

  1. Presentation by Ruben Somsen
  2. Gist written by Ruben
  3. PR on Bitcoin Core for base functionality
  4. Draft BIP

Discussion Topic Flow:

  • Basic Intro of silent payment.
  • Technical details of silent payment protocol.
  • Understanding the state of the silent payment PR in core.
  • Disadvantage and tradeoffs of silent payment.
  • Technical possibilities of implementing silent payments into my pet wallet project.
  • Open Q/A both High level and technical.

Location

Date and Time

*Open to all.


Bitdevs Summary