HD wallets?
Sure, but we need an address type that encodes an extended public key that can be handed over. 
Topic: HD wallets for increased transaction privacy [split from CoinJoin thread] - page 3. (Read 5779 times)
October 16, 2013, 01:50:47 PM
October 16, 2013, 10:15:03 AM
HD wallets?
October 16, 2013, 09:30:39 AM
The only reliable solution is to source your coins in small values, so you don't need to split value. Yet this is not possible if the payer is splitting and paying you numerous times, e.g. an employer.
This is actually an interesting problem, that is difficult to solve with current bitcoin.
Entities that issue regular payouts -- in my case, ASICMINER, Eligius and my employer BitPay -- inevitably set up a single payout address, and then send multiple payments to that address.
This is certainly sub-optimal, and reduces privacy. No amount of CoinJoin'ing by itself will fix this multiple-payout/single-address problem. We'll call it "recurring incoming payments."
Recurring incoming payments -- and recurring outgoing payments (subscriptions) -- are problems that bitcoin is quite unsuited to address right now.
To increase privacy, those who pay out need some standardized way to request multiple addresses from their payees.
October 15, 2013, 02:04:11 PM
The only reliable solution is to source your coins in small values, so you don't need to split value. Yet this is not possible if the payer is splitting and paying you numerous times, e.g. an employer.
http://bitcoinism.blogspot.com/2013/07/reclaiming-financial-privacy-with-hd.htmlIt gets even better than that with the payment protocol: https://bitcointalksearch.org/topic/m.3227426
October 15, 2013, 01:59:39 PM
The only reliable solution is to source your coins in small values, so you don't need to split value. Yet this is not possible if the payer is splitting and paying you numerous times, e.g. an employer.
http://bitcoinism.blogspot.com/2013/07/reclaiming-financial-privacy-with-hd.htmlControversial thought. Should the block chain protocol prevent coins greater than say 10 BTC.
P.S. I've already thought of not allowing coins (note I didn't say transactions) less than 0.01 BTC to eliminate the dust.
October 15, 2013, 01:47:38 PM
The only reliable solution is to source your coins in small values, so you don't need to split value. Yet this is not possible if the payer is splitting and paying you numerous times, e.g. an employer.
http://bitcoinism.blogspot.com/2013/07/reclaiming-financial-privacy-with-hd.html Jump to: