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Maelstrom Announces Its Fourth Bitcoin Developer Grant Recipient
- Maelstrom has announced the fourth recipient of its Bitcoin Grant Program, Ron, who will work on integrating Silent Payments into Bitcoin wallets.
- Silent Payments, proposed in Bitcoin Improvement Proposal 352, aims to eliminate address reuse, a method used by surveillance firms to track user behavior on the blockchain.
- The goal is to create a single, static address for various uses without compromising privacy.
- Josie Baker and Ruben Somsen introduced Silent Payments in September 2023 to enable static addresses for sharing with others while protecting user privacy.
- Silent Payments eliminate the need for sender-receiver interaction and notifications, but require wallets to scan the blockchain.
- Features of Silent Payments include zero transaction cost overhead, unlinkability between payments and addresses, no interaction requirement, and compatibility with privacy tools.
- Ron's main focus will be on coordinating development and testing efforts within the community to integrate Silent Payments into Bitcoin wallets.
- Advancing Silent Payments alongside BOLT12 and BIP-353 aims to enhance privacy, simplify user experience, and promote broader Bitcoin adoption as a payment solution.
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