randomnym on Nostr: Silent Payments solves only 1 issue which is the address reuse problem. it doesn't ...
Silent Payments solves only 1 issue which is the address reuse problem. it doesn't solve anything else. You still have to do a lot of work if you want to do private transactions. Merging UTXOs is still an issue with SP etc.
It is not new and not a magical tool.
BIP47 solves the same issue BUT it has more use cases like coordination, authentication, verification.
Published at
2026-05-24 19:21:57 UTCEvent JSON
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"created_at": 1779650517,
"kind": 1,
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"content": "Silent Payments solves only 1 issue which is the address reuse problem. it doesn't solve anything else. You still have to do a lot of work if you want to do private transactions. Merging UTXOs is still an issue with SP etc.\nIt is not new and not a magical tool.\n\nBIP47 solves the same issue BUT it has more use cases like coordination, authentication, verification.",
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}