BlueWallet Adds Privacy Feature 'PayJoin' for Bitcoin Transactions

Mobile and desktop Bitcoin and Lightning wallet BlueWallet has added support for BIP 78 with its PayJoin feature.

AccessTimeIconOct 7, 2020 at 8:50 p.m. UTC
Updated Sep 14, 2021 at 10:06 a.m. UTC

Mobile and desktop Bitcoin and Lightning wallet BlueWallet has added support for PayJoin to boost user privacy.

  • Announced Wednesday, BlueWallet’s update allows two parties to mix coins in one transaction to decrease the likelihood of the exchange being traced.
  • PayJoin is a type of coin mixing technology based on Bitcoin Improvement Proposal (BIP) 78.
  • The wallet’s privacy update comes on the heels of a new report from Europol calling both privacy wallets and cryptocurrencies a “top threat” due to criminal activity.


Read more about

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.