BlueWallet Adds Privacy Feature ‘PayJoin’ for Bitcoin Transactions
BlueWallet Adds Privacy Feature ‘PayJoin’ for Bitcoin Transactions
Mobile and desktop Bitcoin and Lightning wallet BlueWallet has added support for PayJoin to boost user privacy.
- Announced Wednesday, BlueWallet’s update allows two parties to mix coins in one transaction to decrease the likelihood of the exchange being traced.
- PayJoin is a type of coin mixing technology based on Bitcoin Improvement Proposal (BIP) 78.
- The wallet’s privacy update comes on the heels of a new report from Europol calling both privacy wallets and cryptocurrencies a “top threat” due to criminal activity.