Viewing posts for the category Bitcoin
This blog is in the category of "a new-ish idea about privacy tech"; like similar previous ones (e.g.: CoinJoinXT) it is little more than an idea, in this case I believe it is correct, but (a) I could be wrong and there could be a flaw in the thinking and (b) it's not entirely clear how practically realistic it will be. What I do hope, however, is that the kernel of this idea is useful, perhaps in Layer 2 tech or in something I haven't even thought about.
This post was mostly prompted by a long series of discussions had online and in person with many people, including in particular Adam Back and Tim Ruffing (but lots of others!) - and certainly not restricted to discussions I took part in - about the tradeoffs in a version of Bitcoin that does actually use Confidential Transactions.
I'll shortly be writing a blog post about the idea of "PayJoin", which is a variant of what's sometimes been called "Pay-To-Endpoint" coinjoin, or "p2ep".
Ideas were first discussed here. Thanks again to arubi on IRC for helping me flesh them out.
Adam Gibson (21)