Reusable Payment Codes For Bitcoin Privacy

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The below is a direct excerpt of Marty’s Bent Issue #1182: “BDK plans to add BIP47 support.” Sign up for the newsletter here.

The Bitcoin Development Kit is planning to implement BIP47 which would allow users to receive via a static payment code and interact with more privacy.

Source

This is very encouraging to see; the team working on the Bitcoin Development Kit (BDK) seem as if they are going to merge in support for BIP47, which would allow wallet developers who are building their wallets leveraging the BDK to easily implement reusable payment codes. This would allow bitcoin users to interact with each other in a more private way by enabling users to receive via a static payment code that does not reveal the actual address a UTXO ends up in.



Source link Bitcoin Magazine

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