Silent Payments is a new approach to improving privacy and useability of Bitcoin. Imagine not needing to manually create new addresses? Josibake and Ruben Somsen join me to discuss some of the ins and outs of Silent Payments. We discuss:

Silent Payments overview

Contrast with other techniques such as BIP47 

Light client support

Stopping address re use

Base layer privacy discussion


Links:

X: @josibake

X: @SomsenRuben

BIP: Silent Payments

Tracking progress in Bitcoin Core/libsecp256k1

Informational website from sethforprivacy : Privacy-preserving static addresses for Bitcoin


Sponsors:

Swan.com (code LIVERA)

CoinKite.com (code LIVERA)

Mempool.space


Stephan Livera links:

Follow me on X: @stephanlivera

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Timestamps:
(00:00) - Intro
(01:01) - Overview of Silent Payments (SP)
(03:15) - History of the SP idea & contrast with other methods
Add more
(14:36) - Current status of SP development & adoption
(17:49) - Testing light clients for SP
(21:50) - The Silent Payment Experience
(26:31) - Light client support
(31:20) - What is a light client?
(38:05) - Sponsors
(41:16) - Spend Key & Scan Key 
(42:37) - XPUB vs. Silent Payments
(44:42) - Reducing address re-use with SP
(49:29) - Labeling with Silent Payments
(53:14) - Ease of use and compatibility with Lightning 
(57:03) - Overcoming the ‘silver bullet’ mindset
(01:10:50) - Composability with Silent Payments
(01:12:46) - Silent Payments summary
(01:14:06) - Closing Thoughts