Skip to content

Instantly share code, notes, and snippets.

View alfred-hodler's full-sized avatar

Alfred Hodler alfred-hodler

View GitHub Profile
@RubenSomsen
RubenSomsen / Silent_Payments.md
Last active June 7, 2024 16:59
Silent Payments – Receive private payments from anyone on a single static address without requiring any interaction or extra on-chain overhead

Silent Payments

Receive private payments from anyone on a single static address without requiring any interaction or extra on-chain overhead.

Update: This now has a BIP and WIP implementation

Overview

The recipient generates a so-called silent payment address and makes it publicly known. The sender then takes a public key from one of their chosen inputs for the payment, and uses it to derive a shared secret that is then used to tweak the silent payment address. The recipient detects the payment by scanning every transaction in the blockchain.