Hey nostriches, I’m working on illustrations with nostr:npub13s5mxgws70rpxsug96jfvglggackjrxs2ehypwg0prjaxsek42sqd9l03e explaining Silent Payments at a high level…
What do you think? The lesser you know about silent payments the more valuable your feedback is! #privacy #ux
How does this solve the fungibility problem?
Not sure it “solves” that but you can send to publicly shared static addresses that don’t show up on-chain, plus sp transactions look like any other regular txns without address reuse or specific user efforts.
So if I am a merchant, how do I know a specific customer has paid me so that I can ship the product or service?
Excellent question. Bip-352 allows receivers to add labels before handing out sp-addresses that are detected when payment is received. Software could add customer-id or invoice-no. as a label so they can match a payments to invoices.
So then I can narc on my customers using labels. Great
You can narc on them without silent payments right now…
Yes, if people do all the wrong things their merchant can narc them. Silent payments is one of them. Good thing silent payments makes them think they have privacy.
Haha wat… you could use a hammer wrong and smash your fingers. Silent payments is actually a UX improvement that helps protecting your privacy easier.
I’m working on a UX exploration on silent payments. Would you be willing to review it and critique it?
The common theme I have found around privacy features is that they need to be use case driven rather than stating how feature x or feature y improves your privacy. It's about being completely factual vs factually complete. Being factuality complete is harder, and if people get the wrong idea about the tool can do then all you did is invent a foot gun.
I agree that silent payments is no silver bullet on privacy. I have thought about it a fair bit and my opinion is it’s a fantastic UX improvement that when used with smart coin selection (which it really helps), payjoin and coinjoin does improve privacy.
Watch this and let me know if you still feel this way.
Oh thanks 👀
I don’t have the knowledge to process or judge this video! I got that point about repeated txns being especially bad but the rest not really.
