Silent Payments Make Bitcoin More Private

This is an opinion editorial by Seth For Privacy, a privacy advocate and host of the “Opt Out Podcast.”

One of the most basic keys to improving your privacy on Bitcoin has long been avoiding the re-use of addresses for multiple payments. But while doing so may seem simple these days, with most wallets automatically generating new addresses for each payment, what do you do when you need to simply accept payments repeatedly, from multiple people, or without complex infrastructure in place?

This is where the concept of a “reusable payment code,” sometimes called a “Stealth Address,” comes into play, enabling simple static addresses to be used for repeat payments while preserving on-chain privacy by making it harder to link payments together.