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Payjoin is a new payment protocol that is gaining traction in the cryptocurrency world. It is a privacy-focused protocol that allows users to make payments without having to mix their coins. This is a great way to keep your transactions private and secure, while still being able to make payments quickly and easily.
Payjoin works by allowing two parties to make a payment without revealing their addresses to each other. Instead, the two parties agree on a single address that they both send their coins to. This address is then used to make the payment, and the coins are split between the two parties. This means that the two parties do not need to reveal their addresses to each other, and the transaction is still secure.
The main benefit of Payjoin is that it allows users to make payments without having to mix their coins. This means that users can keep their coins separate and secure, while still being able to make payments quickly and easily. This is especially useful for those who want to keep their transactions private, as it prevents their coins from being mixed with other users’ coins.
Payjoin is also a great way to save money on transaction fees. Since the two parties are sending their coins to a single address, the transaction fees are split between them. This means that the fees are much lower than if they were to send their coins to two separate addresses.
Overall, Payjoin is a great way to keep your transactions private and secure, while still being able to make payments quickly and easily. It is also a great way to save money on transaction fees, as the fees are split between the two parties. If you are looking for a way to keep your transactions private and secure, while still being able to make payments quickly and easily, then Payjoin is definitely worth considering.
>Payjoin transactions look normal and still confuse chain surveillance.
If they “confuse chain surveillance” then they do not look normal. There is no way to achieve privacy on the Bitcoin blockchain without drawing attention to yourself in some way. This is especially exasperated by the fact that in all of these mixing scenarios you have no idea who you are mixing with and how much so you have no idea how much they can enumerate. Mixing or “coinjoin” is not privacy and does not make your Bitcoin private and even opens you up to more scrutiny and less privacy.
Cheers to better fungibility!