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- Update motivation for the open standards in the list for optional identity sharing

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Matt David 2016-02-24 09:09:29 -08:00
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bip-invoicerequest-extension.mediawiki
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@ -43,7 +43,7 @@ The motivation for this extension to BIP70 is threefold:
#* Make bitcoin logs more human readable #* Make bitcoin logs more human readable
#* Give the user the ability to decide who to release payment details to #* Give the user the ability to decide who to release payment details to
#* Allow an entity such as a political campaign to ensure donors match regulatory and legal requirements #* Allow an entity such as a political campaign to ensure donors match regulatory and legal requirements
#* Allow for an open standards based way to meet regulatory requirements #* Allow for an open standards based way for regulated financial entities to meet regulatory requirements
#* Automate the active exchange of payment addresses, so static addresses and BIP32 X-Pubs can be avoided to maintain privacy and convenience #* Automate the active exchange of payment addresses, so static addresses and BIP32 X-Pubs can be avoided to maintain privacy and convenience
In short we wanted to make bitcoin more human, while at the same time improving transaction privacy. In short we wanted to make bitcoin more human, while at the same time improving transaction privacy.