Cake Wallet, a non-custodial open-source pockets for cryptocurrencies, has formally launched PayJoin v2, turning into the primary main cellular pockets to supply Bitcoin silent payments to on a regular basis customers.
This integration introduces a protocol improve that disrupts blockchain surveillance by mixing transaction inputs from each the sender and receiver, undermining the widespread blockchain surveillance methods chain analysts sometimes depend on.
“Bitcoin is open and permissionless — however with out privateness, it’s a surveillance software,” stated Vikrant Sharma, CEO of Cake Pockets in a current press launch despatched to Bitcoin Journal. “This improve provides on a regular basis customers the power to transact privately, while not having to be on-line or run a server.”
Cake Pockets’s implementation removes the limitation of requiring each events to be on-line or run a server to coordinate a transaction. Customers can now ship or obtain Bitcoin by way of asynchronous, serverless PayJoin transactions—no Tor, no apps, no superior configuration.
“This makes Bitcoin privateness accessible to individuals who aren’t builders or hardcore cypherpunks,” stated Sharma. “We’ve seen enormous progress with Monero privateness instruments. Now, Bitcoin customers can take a step in direction of privateness as effectively, constructed proper right into a mainstream pockets.”
This announcement follows carefully on the heels of one other main privateness improve: Cake Pockets lately grew to become one of many first main wallets to help Silent Payments, permitting customers to obtain Bitcoin with out exposing a reusable deal with.