janhodl3 on Nostr: It’s good for privacy to use a new address every time that you send money to ...
It’s good for privacy to use a new address every time that you send money to someone.
The receiver should give you a new address each time. Or the wallet software should generate a new address for you each time (like some wallets do by default nowadays).
But what if you have a static website and can’t update your wallet address? Or what if we want convenience like on Lightning with static LNURL addresses that can be reused ?
This BIP352 makes this possible. The way I understand it (I didn’t write the code) is like this: The address you see locks funds on chain. Every time someone sees that a deposit was made to his address he can redeem to a new address. This increases privacy.
Published at
2024-05-16 09:12:21Event JSON
{
"id": "b4a4a9f01d3f04e4bf0b2e75d8c80b50d33c32be97a15b0c97bbbbd6e1b4e95e",
"pubkey": "23a2cf63ec81e65561acafc655898d2fd0ef190084653fa452413f75e5a3d5bc",
"created_at": 1715843541,
"kind": 1,
"tags": [
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"wss://nostr.sathoarder.com",
"reply"
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"content": "It’s good for privacy to use a new address every time that you send money to someone. \n\nThe receiver should give you a new address each time. Or the wallet software should generate a new address for you each time (like some wallets do by default nowadays). \nBut what if you have a static website and can’t update your wallet address? Or what if we want convenience like on Lightning with static LNURL addresses that can be reused ?\n\nThis BIP352 makes this possible. The way I understand it (I didn’t write the code) is like this: The address you see locks funds on chain. Every time someone sees that a deposit was made to his address he can redeem to a new address. This increases privacy.",
"sig": "2c7b22943761fbf8ff9daa229d318ed87574a44f01d0481b27233620e244f13516c62032b2b91781e2a6b6b9cd1b2930424d556f9de1526815d1525b1402d690"
}