Episode 94: Silent Payments part 2
From Bitcoin Explained - The Technical Side of Bitcoin by Van Wirdum Sjorsnado
July 7, 2024 · 1h 1m · Episode 94
About this episode
The episode discusses BIP 352 and the implementation of Silent Payments for enhanced privacy in Bitcoin transactions.
In this episode of Bitcoin, Explained, Aaron and Sjors welcome Ruben Somsen and Josie to the show to discuss BIP 352, their now-finalized Bitcoin Improvement Proposal for Silent Payments. As previously discussed in episode 58, Silent Payments use a special type of addresses that allow senders to generate public keys for transaction recipients, in such a way that these recipients can in turn generate the associated private keys. This benefits privacy, as Bitcoin users can freely share a static address, without this resulting in address reuse on the Bitcoin blockchain. Aaron, Sjors, Ruben and Josie recap how this works. and discuss some of the implementation details for the BIP, including how light clients can utilize Silent Payments, how these payments are made compatible with CoinJoin, and an extra feature called “labels”. === This episode’s sponsor: CoinKite, maker of the ColdCard. Aaron's Twitter: @AaronvanW Aaron’s Nostr: npub1art8cs66ffvnqns5zs5qa9fwlctmusj5lj38j94lv0ulw0j54wjqhpm0w5 Sjors’ Twitter: @provoost Sjors’ Nostr: npub1s6z7hmmx2vud66f3utxd70qem8cwtggx0jgc7gh8pqwz2k8cltuqrdwk4c Ruben’s Twitter: @SomsenRuben Josie’s Twitter: @josibake If you’d like to sponsor the show…
People in this episode
Hosts: Aaron, Sjors
Guests: Ruben Somsen, Josie
Topics covered
- Silent Payments
- Bitcoin Improvement Proposal
- privacy
- light clients
- CoinJoin
- address reuse
Keywords
- Silent Payments
- BIP 352
- Bitcoin
- privacy
- CoinJoin
- light clients
- addresses
Sponsors
CoinKite
Mentioned in this episode
Organizations: Bitcoin
Books & works: BIP 352, Silent Payments, CoinJoin
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