Post
Topic
Board Development & Technical Discussion
Re: The Bitcoin Action Protocol Draft
by
Ambatman
on 03/10/2024, 10:05:31 UTC
Well my biggest point is, it seems it would be reliant on a Social media like X and meta
This would make its decentralized system you have portrayed centralized.
And I definitely don't trust any Social media platform with privacy.

This point also made me wary at first, but the way I understand it integrating the OpenGraph protocol for transaction previews should only lead to a "nicer" visual representation of the payment link when published via social media or sent via messenger.
What about if the Social media platform chooses to restrict certain previews?
Or individuals that wouldn't want their transactions preview shared to the public.

Quote
This is something that I think would be pretty cool. It would be like how you can just post an email address to send someone a PayPal payment. Although we would have some work to do if we want to make a Bitcoin payment URI that concise (without the amount) AND preserve privacy by utilizing a different address each time.
Okay now I get the impact of the OGP
It would help in making transactions more detailed and understandable.
Definitely a Good addition to payment and transactions especially to business.
Using different address would improve privacy but wouldn't change the exposure of certain data.
Except maybe some data could be encrypted and can be decipher by recipient.
Well this would just increase complexity.
Maybe use nostr as a platform but the audience can't compare to X or Meta
But control should be better than a bigger audience right.