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.
Oct 7, 2020 at 8:50 p.m. UTC:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/2YB7NNNICZBXDKTLUCZNO5XCF4.jpg)
Igor Korsakov, co-founder of BlueWallet
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.
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