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Stephan Livera Podcast
Silent Payments: A Bitcoin username? With Josibake and Ruben Somsen SLP579
May 27, 2024
Bitcoin privacy and usability advocates Josibake and Ruben Somsen delve into Silent Payments - a new method for improving privacy in Bitcoin transactions. They discuss the concept of static addresses, contrast with BIP47, light client support, stopping address re-use, and base layer privacy. The conversation also covers the development, testing, and user experience of Silent Payments, highlighting its benefits for enhancing privacy and usability in Bitcoin transactions.
01:17:02
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Quick takeaways
- Silent Payments enhances Bitcoin usability and privacy without requiring on-chain changes.
- Revolutionary three-level framework in Silent Payments separates viewing from spending to boost privacy and usability.
Deep dives
Silent Payments: Proposal for Reusable Addresses in Bitcoin
Silent Payments, introduced as BIP 352, proposes reusable addresses in Bitcoin, allowing users to post publicly to accept donations or payments. While focusing on better usability and privacy, it does not require on-chain changes, offering improved communication of payment instructions.
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