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BlueWallet Adds Privacy Feature 'PayJoin' for Bitcoin Transactions
Mobile and desktop Bitcoin and Lightning wallet BlueWallet has added support for BIP 78 with its PayJoin feature.
Mobile and desktop Bitcoin and Lightning wallet BlueWallet has added support for PayJoin to boost user privacy.
STORY CONTINUES BELOW
- Announced Wednesday, BlueWallet’s update allows two parties to mix coins in one transaction to decrease the likelihood of the exchange being traced.
- PayJoin is a type of coin mixing technology based on Bitcoin Improvement Proposal (BIP) 78.
- The wallet’s privacy update comes on the heels of a new report from Europol calling both privacy wallets and cryptocurrencies a “top threat” due to criminal activity.
v5.6.1 is out 🔥🔥🔥
— BlueWallet (@bluewalletio) October 7, 2020
NEW
- Payjoin support (bip78) 👀
Payjoin is a type of CoinJoin, where both the sender and the receiver coordinate to build a Bitcoin transaction.https://t.co/0OWjrbKdzW
A thread 👇 pic.twitter.com/0DmX8Ey6Oa
William Foxley
Will Foxley is the host of The Mining Pod and publisher at Blockspace Media. A former co-host of CoinDesk's The Hash, Will was the director of content at Compass Mining and a tech reporter at CoinDesk.
