As I understand it, BIP 322 is a way to prove you have sats WITHOUT revealing your address/UTXO.
This is amazing! Anyone know when it will get merged?
36 sats \ 9 replies \ @TheBTCManual 1 Sep 2023
I heard sparrow has already got generic message signer
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0 sats \ 8 replies \ @2bithits OP 1 Sep 2023
What are they calling it?
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21 sats \ 7 replies \ @TheBTCManual 1 Sep 2023
According to Optech newsletter yearh
- https://bitcoinops.org/en/topics/generic-signmessage/
This is where I saw the release didn't pay much attention to it
- https://twitter.com/SparrowWallet/status/1681307432520388608
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0 sats \ 3 replies \ @2bithits OP 1 Sep 2023
Raw is a beast!
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238 sats \ 2 replies \ @nemo 1 Sep 2023
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21 sats \ 1 reply \ @2bithits OP 1 Sep 2023
I think that was the previous release
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0 sats \ 0 replies \ @nemo 1 Sep 2023
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0 sats \ 2 replies \ @nemo 1 Sep 2023
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21 sats \ 1 reply \ @TheBTCManual 1 Sep 2023
Lol yeah craig is a beast, always happy to shill people sparrow...if they're ready for it, because it can be overwhelming for a newbie
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0 sats \ 0 replies \ @nemo 1 Sep 2023
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24 sats \ 1 reply \ @netstatic 1 Sep 2023
There is no way to prove you have sats without giving information about your utxos. BIP322 lets you prove you have a certain address and can also be used prove you own certain utxos (see the Full (Proof of Funds) section in the BIP).
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0 sats \ 0 replies \ @2bithits OP 1 Sep 2023
That's a shame... I must have misunderstood
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21 sats \ 1 reply \ @Murch 1 Sep 2023
No, the Proof of Funds application proposed in BIP322 does announce which UTXOs you hold. To prove your funds, you create a transaction with a dummy input on the 0th slot that makes the transaction invalid for broadcast, and then an input for each UTXO you want to prove ownership of. By signing for the inputs that spend your UTXOs, your statement proves ownership and implementing support for BIP322 signatures would only require minimal changes to any software that can already validate Bitcoin transactions.
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3 sats \ 0 replies \ @2bithits OP 1 Sep 2023
Thanks for letting me know, I must have misunderstood
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