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Bitcoin Developer Ben Allen Secures $100K Grant to Boost Payjoin Privacy Tool

  • Bitcoin developer Ben Allen received a $100,000 grant from Maelstrom to support the development of Payjoin, a privacy-enhancing transaction tool for Bitcoin.
  • Payjoin, also known as P2EP, involves collaborative transactions between senders and receivers, improving Bitcoin privacy by making fund tracing harder for blockchain analysts.
  • The goal of increasing wallet adoption will determine the success of Payjoin, aiming to make Bitcoin more private, secure, and scalable without major protocol changes.
  • Ben Allen is focusing on simplifying the user experience and encouraging wallet integration, with efforts directed towards performance benchmarks and adoption by popular open-source Bitcoin wallets.

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