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- Update motivation for the open standards in the list for optional identity sharing

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Matt David 2016-02-24 09:09:29 -08:00
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bip-invoicerequest-extension.mediawiki
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@ -43,7 +43,7 @@ The motivation for this extension to BIP70 is threefold:
#* Make bitcoin logs more human readable
#* Give the user the ability to decide who to release payment details to
#* Allow an entity such as a political campaign to ensure donors match regulatory and legal requirements
#* Allow for an open standards based way to meet regulatory requirements
#* Allow for an open standards based way for regulated financial entities to meet regulatory requirements
#* Automate the active exchange of payment addresses, so static addresses and BIP32 X-Pubs can be avoided to maintain privacy and convenience
In short we wanted to make bitcoin more human, while at the same time improving transaction privacy.