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Author Topic: Silent payments  (Read 2135 times)
fillippone
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July 25, 2024, 09:50:09 PM
Merited by LoyceV (4)
 #101

Bitbox02 added support for Silent payments:



According to th above post, Bitbox02 can now send Silent Payments.

They also have a blog post about Silent Payments:

Reusable payment codes: Exchanging bitcoin addresses privately

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joker_josue
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July 25, 2024, 11:42:27 PM
 #102

Imagine that I want to send it to myself using this type of payment. Can I do this now?
That's only useful for testing. On-chain, it's just a normal transaction. Any data you're hiding is known to both sender (you) and receiver (you) already Tongue

But then it’s not possible to divert attention, to those who analyze the blockchain?

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NotATether
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July 26, 2024, 04:23:54 AM
 #103

That being said, I expect silent payments to get massively adopted, fast.

But, is it possible to make silent payments at this time?

Imagine that I want to send it to myself using this type of payment. Can I do this now?

Technically, yes!

First of all, you and the receiver need to be using a wallet that supports silent payments (like the Bitbox02 above or any of the software wallets that dkbit98 lists in his thread).

Then after that, it's just like sending a regular payment between each other. The blockchain handles creating and receiving transactions, so all you have to do is create a silent payment for an amount and let your wallet handle the rest.
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July 26, 2024, 08:06:53 AM
 #104

But then it’s not possible to divert attention, to those who analyze the blockchain?
That's the beauty of silent payments: it doesn't need any changes in the Bitoin protocol. Everything stays the same, except for getting a new option to increase privacy in certain cases.

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