[Bitcoin-development] Payment Protocol Proposal: Invoices/Payments/Receipts

Rick Wesson rick at support-intelligence.com
Tue Nov 27 00:37:29 UTC 2012

On Mon, Nov 26, 2012 at 4:31 PM, Luke-Jr <luke at dashjr.org> wrote:
> On Tuesday, November 27, 2012 12:02:42 AM Rick Wesson wrote:
>> Another nifty thing is that it can associate a cert to a domain and a
>> payment address, if one were to put said address in the DNS :)
>> Now I am sure the majority of the bitcoin user-base desires anonymity,
>> but as a merchant I would like to be knowable and wouldn't mind it if
>> my identity and those of my transactions were "known" and associated
>> both with my domains and x.509 cert. In most commercial transactions
>> (which include many of those that leverage invoices) identity is
>> important, at least for the merchant.
> Anonymity isn't a feature we claim to have, nor a goal of the project for the
> most part. Using a single Bitcoin address has many problems besides non-
> anonymity: your customers are denied basic privacy and there is no good way to
> guarantee the user who says he paid you really did (since transaction ids are
> public record, anyone can claim they sent it).
> In short, it is for the most part considered a rule to always use a unique
> address per transaction or at least per customer.

putting payment addresses in the DNS does not require that only a
single address be used. This is an assumption and a possible use case,
but there is no requirement that payment addresses must be 1:1


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