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Topic: BIP-47 - reusable payment codes (Read 86 times)

legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
February 17, 2023, 07:09:12 AM
#2
Relevant past discussion,
What is a "paynym"?
BIP47 Is it the Privacy Codes Bitcoin Users Need?

--snip--

Why did we forget to make this suggestion?

Lack of adaption and support on most popular Bitcoin wallet. Additionally there are few conflicting BIP with have few similarity (such as BIP 75 and 351).
legendary
Activity: 2898
Merit: 1823
February 17, 2023, 12:22:12 AM
#1
https://en.bitcoin.it/wiki/BIP_0047

These are payment codes that could be used, AND reused, with all of transactions going in are going to be sent to  different public addresses after each transaction, making transactions close to impossible to track on-chain.

It's a very smart way to keep your privacy, especially if a user/group of users are accepting donations for a cause/campaign that the government wants to censor. Perhaps something like the Canadian Truckers' Protest? Why did we forget to make this suggestion?
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