The Bitcoin Payment Protocol is a protocol for communication between a merchant and their customer. It is designed to enable a better customer experience as well as improved protection against man-in-the-middle attacks on the payment process.
Coinbase now supports the protocol for both merchants and wallet users. Wallet users who have the Bitcoin URL handler functionality enabled for their browsers via the advanced user settings can now make use of the protocol. Merchants will have the protocol automatically enabled for their payment pages.
The Bitcoin Payment Protocol extends the core Bitcoin protocol to support several new features. Citing directly from the specification, this includes:
Read more at 'http://blog.coinbase.com/post/86563321757/coinbase-now-supports-the-bitcoin-payment-protocol'
Topic: Coinbase now supports bitcoin payment protocol | Coinbase Blog (Read 443 times)
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