Maximalist Decimus Meridius 🧙🏻‍♂️ Profile picture
thankful_for_today, freedom maximalist f8ca80877f414e83cfcd456f8b37146ccbb97fb1
Oct 5, 2020 9 tweets 4 min read
1/ No, it isn’t. Here’s why:

Paynym/Bip47 (reusable payment codes) are a stealth address of sorts, allowing people to publicly share an address without observers being able to trace it’s balance & transaction history on chain.

So you could reasonably draw a (rough) parallel 2/ between this & #Monero’s one-time stealth addresses, which are just one part of Monero privacy.

Let’s examine the difference between Paynyms ( when used in addition to Whirlpool and post mix spending tools) and Monero’s default privacy to understand why they are different;