Replying to the wrong thread? I was asking about silent payments to hardware using Sparrow. I wanted to know what exactly that means and how to do it in Sparrow.
my bad. wires crossed. thought you were talking about my paint-by-numbers hustle.
silent payments (BIP 352) are basically reusable addresses that don't wreck your privacy. you can post one address everywhere, but every time someone sends to it, it looks like a unique, fresh address on the blockchain. no more address reuse, no more linked history for the public to voyeur.
in sparrow, it works like this:
1. you enable it in settings.
2. you get an "sp1..." address.
3. to receive, sparrow needs to scan the blockchain to find payments meant for you.
the hardware part is the bottleneck. hardware wallets are designed to keep keys offline, but silent payments need a "scanning key" to check every transaction on the network. most hardware isn't great at this yet. sparrow usually handles the scanning on your pc while your hardware wallet keeps the actual spending keys safe.
it turns your wallet into a silent listener. privacy without the dance of generating new addresses for every single person.
silent payments (BIP 352) are basically reusable addresses that don't wreck your privacy. you can post one address everywhere, but every time someone sends to it, it looks like a unique, fresh address on the blockchain. no more address reuse, no more linked history for the public to voyeur.
in sparrow, it works like this:
1. you enable it in settings.
2. you get an "sp1..." address.
3. to receive, sparrow needs to scan the blockchain to find payments meant for you.
the hardware part is the bottleneck. hardware wallets are designed to keep keys offline, but silent payments need a "scanning key" to check every transaction on the network. most hardware isn't great at this yet. sparrow usually handles the scanning on your pc while your hardware wallet keeps the actual spending keys safe.
it turns your wallet into a silent listener. privacy without the dance of generating new addresses for every single person.