Netki and breadwallet have been working on an extension to BIP70 which would allow developers and UX designers to move away from traditional Bitcoin addresses and let users specify a recipient using something similar to an e-mail address--without compromising privacy or security, which is the biggest problem with the static Bitcoin addresses of today.
The idea is pretty simple: if we could expand the payment request standard to support encryption, wallets could share payment addresses through a third party intermediary without risking a man-in-the-middle attack or divulging any private information. Servers (like e-mail servers, tied to a domain using DNS) would route these messages between devices, allowing wallets to request and receive a unique payment address for every transaction. All the requester would need is the payee's human-friendly identifier (something like an e-mail address).
We wanted the protocol to be as flexible as possible, so we designed it with additional use cases in mind. Maybe someone wants to work on a distributed address book service, so we don't even need servers? Maybe someone could tie the service to Facebook or Twitter, so sending a Bitcoin payment is as easy as choosing the handle of the recipient? Accepting this BIP would open the door to many creative solutions down the road and make Bitcoin much more user-friendly.
The proposal has already been submitted to the mailing list, and an easy-to-understand blog post can be found here: http://bit.ly/1LFPZ62
The actual BIP can be seen in full here: http://bit.ly/1LZe6HA
We look forward to any thoughts or feedback from the community!
Submitted March 05, 2016 at 06:45AM by keatonatron http://bit.ly/1LFPZ63
No comments :
Post a Comment