SILENT PAYMENTS ARE COMING TO BETTER PROTECT BITCOIN USERS \ stacker news ~bitcoin

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SILENT PAYMENTS ARE COMING TO BETTER PROTECT BITCOIN USERS bitcoinmagazine.com/technical/bitcoins-privacy-just-got-better-with-silent-payments

762 sats \ 9 comments \ @Rsync25 15 Aug bitcoin

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110 sats \ 5 replies \ @BlokchainB 15 Aug

“Users will need to scan through blockchain transactions to detect payments made to them. This scanning can take time, but it comes with massive privacy benefits for both users. Over time, performance of scanning can also be improved to make this less of an issue for users.”

I wonder if you could use a zero knowledge proof to speed this up. Or am I just an idiot 😆

31 sats \ 4 replies \ @Rsync25 OP 15 Aug

SP doesn't use ZK. Use static address.

77 sats \ 3 replies \ @patrick1 15 Aug

I think he's wondering if ZKPs could be used to speed up the scanning process, not for sending/receiving.

21 sats \ 2 replies \ @Rsync25 OP 15 Aug

First, it would be necessary add soft fork in some cases. Second, it is necessary soft forks, which are consequences? New block size wars? It is still very early for make integration into Bitcoin.

93 sats \ 1 reply \ @patrick1 15 Aug

I assume he's talking about the client-side ZKPs that can be used to sync/verify a node very quickly, not something at the protocol level.

97 sats \ 0 replies \ @Rsync25 OP 15 Aug

One thing is ZKPs via CSV like ZeroSync, BitVM, RGB. Another is create “force” via hype or whatever a soft fork to ZKPs

0 sats \ 0 replies \ @sangekrypto 15 Aug

It's like a cell phone without a ringtone, as if no one heard the money being received, but how is this implemented in a system like that?

0 sats \ 0 replies \ @Leoner00955870 15 Aug freebie

Bitcoin libre de gobiernos y restricciones

0 sats \ 0 replies \ @Octopus 15 Aug outlawed

stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.