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CD154: DAN GOULD - PAYJOIN

Citadel Dispatch

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Enhancing Privacy with PayJoin in Bitcoin Transactions

This chapter explores the innovative PayJoin mechanism, which allows multiple parties to collaborate on a single Bitcoin transaction, improving both privacy and scalability. It discusses the disruption of common input ownership heuristics used for surveillance and how this method can reduce transaction fees while adding layers of anonymity. Additionally, it highlights the development of the PayJoin DevKit, its practical applications, and the necessity of widespread adoption for effective privacy enhancement in Bitcoin transactions.

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