Post
Topic
Board Development & Technical Discussion
Re: Mobile wallets with BIP70 extended public keys
by
giszmo
on 05/12/2014, 02:30:48 UTC
Yes for now the wallet has to specify outputs explicitly. BIP70 doesn't have any kind of generation support in it at the moment. Besides, they are supposed to expire after a while to let wallets forget keys.
Well, the idea is out there. Judge for yourself:
http://thisapp.io/ connects bitcoiners with merchants in a way that clients pay the merchant that in turn deducts it from money that was handed to him by a promoter. Imagine the promoter fronting $1000 to a café. It might take 100 transactions until the debt is settled. It might take less. Sure it would be possible to work with a static address or a hand full of addresses but what would really make sense would be to use a generator that the promoter transfers to the merchant who in turn presents addresses to his clients.

WRT NFC - you can also use Bluetooth to transfer the payment request. Andreas Schildbach's wallet and derivatives support this.
Ah, true, haven't thought of that. Wonder how commonly they are used, though.