RATE Group | BTCPay Brings Two-Way Bitcoin Privacy To Thousands of Merchants
85873
post-template-default,single,single-post,postid-85873,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

BTCPay Brings Two-Way Bitcoin Privacy To Thousands of Merchants

17 Apr BTCPay Brings Two-Way Bitcoin Privacy To Thousands of Merchants

Posted at 10:08h in Bitcoin News by

BTCPay Brings Two-Way Bitcoin Privacy To Thousands of Merchants 101
Source: Adobe/promesaartstudio

Bitcoin payment processor BTCPay Server has added support for Pay to Endpoint (P2EP), a result of a workshop organized by Blockstream, a major, Canada-based blockchain company.

As Blockstream explains in their blog post, P2EP, aka PayJoin, is a special type of Coin Join, a method for combining multiple bitcoin (BTC) payments into a single transaction so to further preserve one’s privacy. “P2EP transactions are special in that both the sender and the receiver of the payment coordinate to build the bitcoin transaction,” says the company. “Unlike a regular bitcoin transaction, where only the sender spends from their wallet, a P2EP transaction packages up inputs from both the sender and the receiver, with the receiver sending extra bitcoins to themselves.” It also comes with P2EP-enabled wallets.

Blockstream funded the development of the P2EP feature in BTCPay, saying that tens of thousands of merchants using BTCPay Server have the ability to receive…

Source link

Tags:
, , , , , ,