Read_622 - Silent Payments & Secret Blinding Keys [Shinobi]
"One issue with Bitcoin’s privacy, the ability to receive funds without giving up valuable information, is addressed with 'silent payments.'" - Shinobi
Today we dive back into privacy with payment codes, BIP47, how exactly it works, and then the recent proposal from Somsen on "silent payments" that takes this even a step further to limit the data load on the chain itself. Some really fun tricks here that help give much needed privacy to those who need it most. Listen to find out more.
Link to the original and tons of other great work from Shinobi & Bitcoin Magazine:
https://bitcoinmagazine.com/technical/bitcoin-silent-payments-secret-keys
For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:
• Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE.
• Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy)
• Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Today we dive back into privacy with payment codes, BIP47, how exactly it works, and then the recent proposal from Somsen on "silent payments" that takes this even a step further to limit the data load on the chain itself. Some really fun tricks here that help give much needed privacy to those who need it most. Listen to find out more.
Link to the original and tons of other great work from Shinobi & Bitcoin Magazine:
https://bitcoinmagazine.com/technical/bitcoin-silent-payments-secret-keys
For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:
• Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE.
• Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy)
• Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
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