Based on a discussion I started on Delving Bitcoin
Also related: BTC Transcripts
BIP authors: @josibake @RubenSomsen
These two new encodings are a way for Silent Payment users to:
- Delegate scanning and wallet UTXO management to self hosted services like BTCPayServer
- Encode secret information including birthday and labels used, so that silent payment wallets can be exported and imported across wallets without information loss.
I was debating whether to make the non-address encodings into descriptors instead. But that would be an easy change to make.
Just creating this PR so that specific discussions about wording can take place.
Thanks.