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50 sats \ 0 replies \ @shyfire 24 Apr 2023 \ on: bip47 bluewallet release bitcoin
Do I understand correctly that this requires a high level of trust in the paynym.is server?
Greg Maxwell (who has been in the news lately re: supply chain attacks) had this to say:
I'm still working my way through the BIP0047 spec so quite likely that I'm missing something here.
To be clear: my position on this is that even if a high level of trust is required, this news is still a net positive. On-chain privacy tools are close to non-existent, and a solution that requires trust in a third party is better than no solution at all.