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Merge pull request #6 from justinwnewton/patch-4

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Update to add 3rd motivation
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Matt David 2016-02-16 15:25:29 -08:00
commit e675fe9bdd
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bip-invoicerequest-extension.mediawiki
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@ -25,9 +25,11 @@ The key words "MUST", "MUST NOT", "REQUIRED", "SHALL", "SHALL NOT", "SHOULD", "S
The motivation for defining this extension to the BIP70 Payment Protocol is to allow 2 parties to exchange payment information in a permissioned and encrypted way such that wallet address communication can become a more automated process. Additionally, this extension allows for the requestor of a PaymentRequest to supply a certificate and signature in order to facilitate identification for address release. This also allows for automated creation of off blockchain transaction logs that are human readable, containing who you transacted with, in addition to the information that it contains today.
The motivation for this extension to BIP70 is twofold:
The motivation for this extension to BIP70 is threefold:
# Ensure that the payment details can only be seen by the participants in the transaction, and not any third party. By encrypting at the application layer we protect the payment request from being intercepted by a man in the middle, and allow mobile and desktop wallets to use a server to act as a “store and forward server” or “meet point” for serving Payment Requests without having to worry the server operator can spy on their transactions.
# Ensure that the payment details can only be seen by the participants in the transaction, and not any third party.
# Enhance the Paument Protocol to allow for store and forward servers in order to allow, for example, mobile wallets to sign and serve Payment Requests.
# Allow a sender of funds the option of sharing their identity with the receiver. This information could then be used to: