Bitcoin developer and privacy veteran Dan Gould has released a new privacy tool that aims to make it harder for Bitcoin analytics companies to track who owns which Bitcoin.

Bitcoin transactions aren’t very private; seeing every Bitcoin transaction ever made is as easy as pulling up any Bitcoin block explorer. Bitcoin analytics companies like Chainalysis (which some call “surveillance” companies) use patterns that they see among transactions to inform governments and companies about where Bitcoins are sent and who’s sending them.

Gould released a Software Development Kit (SDK) in late March that aims to make it easier to add support for “PayJoin”—a privacy technique invented back in 2018—to any Bitcoin wallet or service, providing an easy way to adopt private Bitcoin payments. In addition, the website he created, payjoin.org, aims to educate about PayJoin so website or exchange builders can be more informed about it as a possibility.

PayJoin isn’t yet widely supported, despite not being very hard to implement, Gould explained to Decrypt. The developer said he wants to educate and make the privacy method better-known. Since the

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Author: Alyssa Hertig

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