179 - Name for payment recipient identifiers
BIP: 179 source Title: Name for payment recipient identifiers Authors: Emil Engler Luke Dashjr Status: Draft Type: Informational Assigned: 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 term 'address' is something that rarely or even never changes (postal address, email address, IP addresses...