Payjoin privacy

Ticker

1 BTC = $7955.73 USD  (via Coinbase)
1 ETH = $250.01 USD  (via Coinbase)
1 LTC = $91.39 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

1 CRYPTO

Crypto News & ICO Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Hi,

I think Payjoin can be a very good privacy solution for Bitcoin, but I have a question about it:

– If a user has 1 BTC and make a payjoin payment to other person of 0.1 BTC, the other person can see in a blockchain explorer the change address with an amount of 0.9 BTC. That's a serious privacy leak. I would like to know what will be the standard solution to this issue. An easy fix could be that the user wallet check if any address contains a BTC amount higher than a "safe" amount like 0.1 BTC or less. If some address exceed that amount the wallet could automatically make 1 payment to itself to split the amount in several addresses. In this way noone will ever know that the user has a bitcoin balance higher than the "safe" amount.

What do you think?

Regards,

submitted by /u/—Kenshiro—
[link] [comments]

1 CRYPTO

Crypto News & ICO Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $7955.73 USD  (via Coinbase)
1 ETH = $250.01 USD  (via Coinbase)
1 LTC = $91.39 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

Leave a Reply