Tim Bouma's avatar
Tim Bouma
trbouma@getsafebox.app
npub1q6mc...x7d5
| Independent Self | Pug Lover | Published Author | #SovEng Alum | #Cashu OG | #OpenSats Grantee x 2| #Nosfabrica Prize Winner
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Tim Bouma yesterday
Thanks everyone for the great discussion and awesome feedback. I have updated the Nostr Silent Payments gist with important security caveats. Keep in mind, the use case I am aiming for is not social media, but, rather, digital trade where there might be millions maybe billions of npubs from agents and devices that need to trade and make payments - and be verifiably attributed npub->payment address. FWIW, this is what I was aiming for with a Cashu/Lightning stack. But this is far more simpler and does not require any operating payment infrastructure (nodes, mints, etc). It does require a trusted scanning infrastructure, but that is a tradeoff that I am willing to explore.
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Tim Bouma yesterday
The question boils down to this: who do you trust more? 1. A #cashu mint that has your funds, or 2. A #frigate server that has your keys. Both options are actually valid, and even better for each option you can decide which servers to trust.
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Tim Bouma 2 days ago
This is my nostr silent payment address derived from my NIP-05 address. If you want to test it out, I will scan periodically to see if there are any incoming transactions. I won’t be able to know who sent, so I will report the block of the incoming transaction and sats. Currently, we are at block height 950867. image
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Tim Bouma 2 days ago
What’s so cool is that I got it working with Sparrow Wallet’s Frigate Server to do the scanning. That was just made available with Sparrow Wallet’s latest release. Onward! View quoted note →
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Tim Bouma 2 days ago
Nostr Silent Payments Every npub has a verifiable Silent Payments address that anyone can generate and send payments to. Peer-to-Peer Payment. End-to-End Privacy. I did the math. I have working code. It works. This is the future of private payments. image
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Tim Bouma 2 days ago
Holding a signed blinded secret is not self-custodial.