Justus Ranvier [ARCHIVE] on Nostr: š
Original date posted:2015-04-26 š Original message:Payment codes establish ...
š
Original date posted:2015-04-26
š Original message:Payment codes establish the identity of the payer and allow for simpler
methods for identifying the payee, and automatically provide the payee with
the information they need to send a refund.
If merchants and customers were using payment codes, they would not need
the BIP70 equivalents.
I think the best way to explain payment codes is that they add the missing
"from address" to transactions which users want, but we've had to tell them
they can't have.
A payment code behaves much more like an email address than a traditional
Bitcoin address.
On Sun, Apr 26, 2015 at 2:58 PM, Mike Hearn <mike at plan99.net> wrote:
> Could you maybe write a short bit of text comparing this approach to
> extending BIP70 and combining it with a simple Subspace style
> store-and-forward network?
>
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Published at
2023-06-07 15:32:48Event JSON
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"pubkey": "b2b39b6f2c86908d3da9f500193abd5757b21cac328f838800a48c4d557c10dd",
"created_at": 1686151968,
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Original date posted:2015-04-26\nš Original message:Payment codes establish the identity of the payer and allow for simpler\nmethods for identifying the payee, and automatically provide the payee with\nthe information they need to send a refund.\n\nIf merchants and customers were using payment codes, they would not need\nthe BIP70 equivalents.\n\nI think the best way to explain payment codes is that they add the missing\n\"from address\" to transactions which users want, but we've had to tell them\nthey can't have.\n\nA payment code behaves much more like an email address than a traditional\nBitcoin address.\n\nOn Sun, Apr 26, 2015 at 2:58 PM, Mike Hearn \u003cmike at plan99.net\u003e wrote:\n\n\u003e Could you maybe write a short bit of text comparing this approach to\n\u003e extending BIP70 and combining it with a simple Subspace style\n\u003e store-and-forward network?\n\u003e\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150426/880a3f4a/attachment.html\u003e",
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