Why Nostr? What is Njump?
2023-06-07 17:51:19
in reply to

Luke Dashjr [ARCHIVE] on Nostr: 📅 Original date posted:2016-06-21 📝 Original message:On Tuesday, June 21, 2016 ...

📅 Original date posted:2016-06-21
📝 Original message:On Tuesday, June 21, 2016 9:42:39 PM Erik Aronesty wrote:
> > What do you mean by "replacement addresses" and "UI confirms" here?
>
> "Replacement addresses" would take the place of BIP 32/47 support, if
> someone thought maybe that was too difficult to deal with. So each time i
> paid Alice, Alice could generate a new payment address for the next monthly
> payment. If you support BIP 32 pub seed, then there's no need for this.

I suppose it makes sense that since every payment requires communication with
the recipient, that the recipient could give you a new scriptPubKey each time.
No need to save [potentially compromised] payment info in advance?

> I don't know any wallets that support a BIP 32 pub seed (and then what,
> some random number generator?) as a destination address yet.

The point, as I see it, of payment protocol(s) is to deprecate addresses.
ie, this new protocol *could be* the BIP 32 pub seed destination address. ;)

> > Disagree with hard-coding intervals, or mandating specific policies from
> > the service providers.
>
> I think mandating is a harsh word here, but i I'm a strong believer in
> providing strict guidelines that if people break, others can call them
> on. Giving someone a 12.3 +/- 5 day interval for payments using this
> protocol would suck. You should use payment channels for that stuff.
> The idea is a lightweight protocol for getting monthly subscriptions
> working.

Maybe just a field specifying how far in advance payments should be sent,
then?

Luke
Author Public Key
npub1tfk373zg9dnmtvxnpnq7s2dkdgj37rwfj3yrwld7830qltmv8qps8rfq0n