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10 sats \ 0 replies \ @scottathan 1 Oct 2023
How ready is MunityWallet for real world use? Like, is anyone daily driving it yet? I'd love to try it out but my brain needs some level of social verification first
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10 sats \ 5 replies \ @Ksjznxnxkxksn 1 Oct 2023
Is PayJoin just smaller version of CoinJoin ?
Both require multi-input & ofc multi-output. But in case of Payjoin the tx has 2 input & 2 output. Who signed the second output ? Is it the Payjoin provider or another peer ?
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21 sats \ 1 reply \ @Rsync25 OP 1 Oct 2023
- Yes is similar to the Coinjoin
2/3. "PayJoin (also called pay-to-end-point or P2EP) is a special type of CoinJoin between two parties where one party pays the other. This coinjoin type has different (probably better) privacy properties. The transaction then doesn't have the distinctive multiple outputs with the same value, and so is not obviously visible as an equal-output CoinJoin."
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0 sats \ 0 replies \ @Ksjznxnxkxksn 1 Oct 2023
Thanks. I just read an article about it and immediately feel smarter lol
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10 sats \ 1 reply \ @bitgould 1 Oct 2023
Payjoin is a batched payment and consolidation transaction between sender and receiver. The result has some fee savings from batching and privacy benefits from the joint structure. Both sender and receiver contribute inputs and may create outputs. The result can look the same as normal transaction activity thus creates more indistinguishable transaction interpretations for all. Nothing limits payjoin to 2-input 2-output transactions.
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0 sats \ 0 replies \ @Rsync25 OP 2 Oct 2023
Yes!
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10 sats \ 0 replies \ @scottathan 1 Oct 2023
What's nice about PayJoin too is that because it is effectively a two-person coinjoin, someone who is sending normally can make their transaction look like a payjoin when really it was just a normal send. It gives probably privacy to everyone on the network bc you can't know whether a transaction invovled 2 people or just 1.
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