179 - Name for payment recipient identifiers
BIP: 179 source 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 Table of ContentsAbstractSpecificationMotivationRationaleBackwards CompatibilityAcknowledgementsCopyright 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 t...