> It's not public. When I say "please pay me" I also say "use this > multiplier".
Sending a "please pay me" message is really great for business transactions. But I think the use case that Peter Todd mentions is actually *the* most important currently under-addresesd use case: > With stealth addresses the user experience can be as simple as you > telling me on the phone "hey! send me that 0.234 BTC you owe me!", > me clicking on "Send to Alan Reiner (verified by PGP)" (perhaps > again on my off-line second factor device for a multi-sig wallet) > and tellling you "OK, sent". Lots of work is being done on handling consumer-to-merchant transactions. BIP 70 does a good job of tackling the online purchase case, and the work that Andreas Schildbach is doing with Bluetooth and NFC will improve the options for a payer in a physical PoS transaction who might not have Internet connectivity on their smartphone. But relatively little work (that I know of) is being done on non-transactional personal payments - that is, being able to pay money to friends and other people that you have a face-to-face relationship with. What I want... no need... is to be able to open my wallet, select a friend from my address book, and transfer the $10 I owe them from the bar last night. I don't care - within reason - what process is involved in getting my friend set up in my address book. That may well requires two way communication (e.g. over NFC). But once it's set up, I should be able to just select the payee from the address book and send them some funds. Anything else is just too complciated. I don't know if stealth addresses are the best solution to address this use case, but AFAIK the only current solution to this use case is to store a long-lived Bitcoin address in the addresss book. roy ------------------------------------------------------------------------------ CenturyLink Cloud: The Leader in Enterprise Cloud Services. Learn Why More Businesses Are Choosing CenturyLink Cloud For Critical Workloads, Development Environments & Everything In Between. Get a Quote or Start a Free Trial Today. http://pubads.g.doubleclick.net/gampad/clk?id=119420431&iu=/4140/ostg.clktrk _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development