MultiversX Tracker is Live!

Our applications and tooling are not ready for adoption (BIP-47 & PayNyms thread)

Bitcoin Reddit

More / Bitcoin Reddit 193 Views

Primarily I am speaking about address re-use in donations. We've seen blow up in Canada and now the Ukraine. Individuals are donating to the same address enabling real time chain analysis to potentially dox contributors for retaliation. Enabling censorship of the recipient addresss. This is all very bad in a world where censorship is on the rise. We need better tooling and software for this. We need PayNyms (BIP-47 ) to be the standard, or something like it.. There is no reason for address re-use in 2022.

BIP-47 has been sitting un-implemented and unimproved for 6 years. This is a sad example of under investing in privacy in Bitcoin.

We need to do better.

https://en.bitcoin.it/wiki/BIP_0047

https://bitcoiner.guide/paynym/


Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments