Close Menu
    Facebook X (Twitter) Instagram
    ESP Blockchain Journal
    • Noticias
      • Noticias Blockchain
      • Noticias Bitcoin
      • Noticias Ethereum
      • Noticias Ripple
      • NFT
      • Metaverso
      • DeFi
      • Noticias Tron
      • Noticias Litecoin
      • Noticias Monero
      • Noticias Cardano
      • Noticias Stellar
      • Noticias Algorand
      • Noticias Dogecoin
      • Noticias Polkadot
      • Noticias Kusama
      • Noticias Solana
      • Opinión
    • Análisis de Precios
    • Academia Cripto
    • Contacto
    • bandera
    ESP Blockchain Journal
    Home»Noticias»Bitcoin developers have proposed abandoning BIP70. This threatens the processing of BitPay

    Bitcoin developers have proposed abandoning BIP70. This threatens the processing of BitPay

    0
    By BlockchainJournal on septiembre 22, 2019 Noticias
    Share
    Facebook Twitter LinkedIn Pinterest Email

    In the new version of the client, Bitcoin Core (0.19.0) proposed to get rid of the BIP70 scheme and implement the default generation of bech32 addresses .

    Soon: Bitcoin Core 0.19.0 – Good things from r / Bitcoin

    BIP70 is a payment protocol that assigns a wallet a URL instead of a simple address. This URL responds to the Get request, after which the merchant server sends the address and payment amount. BIP70 introduces a requirement for developers to support the legacy dependencies of a public key infrastructure that have a long history of vulnerabilities discovered. The protocol also increases the risks of monitoring on-chain activity within the framework of AML / KYC requirements.

    The only known service using BIP70 is the world's largest cryptocurrency processing BitPay. Many users cannot pay for service invoices because their wallets do not support the protocol, which most service providers have long replaced with the BIP21 scheme.

    Reddit Data

    Probably, the processor will have to consider the option of abandoning the BIP70 in the near future.

    Recall, the release of Bitcoin Core (0.18.0) with native hardware wallet support took place on May 2.

    Subscribe to BlockchainJournal news in Telegram: BlockchainJournal Feed – the entire news feed, BlockchainJournal – the most important news and polls.

    << aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

    BlockchainJournal.news

    BlockchainJournal.news

    bitcoin Bitcoin Core bitpay Featured kyc Telegram
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Circle estudia transacciones reversibles para ganar mayor confianza

    septiembre 25, 2025

    Bots de IA ya operan cripto en Solana, BNB Chain y Base

    septiembre 25, 2025

    Bitcoin y Ether: se acercan fechas clave por el vencimiento de opciones

    septiembre 25, 2025

    Cloudflare presenta NET Dollar: una stablecoin en dólares para micropagos

    septiembre 25, 2025

    XRP cae tras la aprobación de ETFs que lo incluyen: análisis del mercado

    septiembre 25, 2025

    Sui amplía su presencia en Asia con nuevos socios

    septiembre 25, 2025
    Buscar
    Facebook X (Twitter) Instagram Pinterest
    © 2025 Blockchainjournal

    Type above and press Enter to search. Press Esc to cancel.

    Utilizamos cookies para asegurar que damos la mejor experiencia al usuario en nuestra web. Si sigues utilizando este sitio asumiremos que estás de acuerdo.