179 - Name for payment recipient identifiers
BIP: 179 Title: Name for payment recipient identifiers Author: Emil Engler Luke Dashjr Comments-Summary: No comments yet. Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0179 Status: Draft Type: Informational Created: 2019-10-17 License: CC0-1.0 ==Abstract== This BIP proposes a new term for 'address' ==Specification== The new term is: ''Bitcoin'' '''Invoice''' ''Address'' The ''Bitcoin'' and ''Address'' parts are optional. The address suffix should only be used as a transitional step. A ''Bitcoin'' Invoice ''Address'' is a string of characters that can be used to indicate the intended recipient and purpose of a transaction. ==Motivation== Bitcoin addresses are intended to be only used '''once''' and you should generate a new one for every new incoming payment. The term 'address' however indicates consistency because nearly everything on the internet or the offline world with the term 'address' is something that rarely or even never changes (po...