How Silent Payments Are Bringing New Privacy Protections To Bitcoin
The Silent Payments proposal could help users make bitcoin transactions more privately, but how does it work and why do we need it?This is an opinion editorial by Seth For Privacy, a privacy advocate and host of the “Opt Out Podcast.”One of the most basic keys to improving your privacy on Bitcoin has long been avoiding the re-use of addresses for multiple payments. But while doing so may seem simple these days, with most wallets automatically generating new addresses for each payment, what do you do when you need to simply accept payments repeatedly, from multiple people, or without....
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Silent payments improve user privacy and are similar to stealth addresses and reusable payment codes, but actually save space on the Bitcoin blockchain.
By sharing a secret between a receiver and sender, then scanning the Bitcoin blockchain for the transaction, users gain more privacy thanks to a new proposal.
One issue with Bitcoin’s privacy, the ability to receive funds without giving up valuable information, is addressed with “silent payments.”
Blackphone 2 the only mobile phone designed for “privacy without compromise” was released by Silent Circle this September 28. As their Youtube video goes viral, their only privacy shortfall is not accepting bitcoin for purchases. Silent Circle, one of the few tech companies to build their whole enterprise on the commitment to privacy, has released Blackphone 2, a mobile phone developed from the ground up. Aiming to seal tight the many information leaks in modern telephony. Android's mobile products are known for many things including ease of use, low prices, being quite Open Source, among....
High-speed privacy payments using MOB available to UK users only. Encrypted messaging app Signal has begun testing a payments feature that allows users to send cryptocurrency to other users privately.Signal announced on Tuesday, Apr. 6, that it is integrating support for MobileCoin for a new peer-to-peer payments system in the beta version of its apps.The new system called Signal Payments has been launched for beta testing on Android and iOS platforms for UK-based users only at the current time. Additionally, it only supports MobileCoin’s MOB cryptocurrency, which has been designed to be....