Citadel Dispatch

CD154: DAN GOULD - PAYJOIN

Apr 11, 2025
In this engaging discussion, Dan Gould, the maintainer of the Payjoin Dev Kit, dives into the world of collaborative Bitcoin transactions. He reveals how Payjoin can enhance privacy and reduce fees, making it a game-changer for users. Gould also discusses the challenges of integrating Payjoin across various wallets and the importance of open-source collaboration. The conversation further explores the future of multi-party transactions and the necessity of adopting common standards to improve user experience and privacy in the evolving cryptocurrency landscape.
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INSIGHT

PayJoin Benefits

  • Batching transactions improves throughput and reduces fees.
  • Collaborative input batching with PayJoin further enhances these benefits and improves privacy.
INSIGHT

PayJoin's Privacy Enhancement

  • Bitcoin transaction surveillance relies on probability analysis.
  • PayJoin disrupts the common input ownership heuristic, enhancing privacy.
INSIGHT

PayJoin Fee Savings

  • PayJoin's primary fee savings comes from creating fewer coins overall.
  • It enables "cut through," directly funding withdrawals without intermediate transactions.
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