Samourai Wallet urged to boycott BitPay

According to the team of popular wallet, BitPay now uses BIP70 instead of BIP21
04 January 2018   482

The team of popular wallet Samourai, said that the industry's largest processing service BitPay, without any warning or discussion with the developers, refused to support the standard display scheme for end users of payment requests described in BIP21. Instead, BitPay adopted a questionable and not widely supported BIP70 scheme.

BIP21 scheme is accepted by all wallets and service providers from 2012 and ensures that regardless of the software used QR codes and payment requests are created and interpreted in one standard way. This ensures maximum compatibility and interoperability of software and services in a decentralized network with open source.

Needless to say, Bitpays decision to drop all support for this fundamental open standard, will harm the overall user experience not improve it, as they claim to be striving for.
 

Samurai Wallet Team

BIP70 was initially proposed in 2013 by Gavin Addresen and Mike Hearn, developers who received notoriety thanks to the so-called "black lists" of bitcoins. The proposal itself was received by the community extremely ambiguously, and due to concern about the security and privacy of users, wallets and service providers for the most part did not accept it.

In particular, BIP70 introduces a requirement for developers to support legacy dependencies of the public key infrastructure that have a long history of discovered vulnerabilities (openssl, heartbleed, etc.). In addition, the wide implementation of BIP70 increases the risk of monitoring and monitoring of onchain transactions within AML / KYC requirements and the creation of more efficient blacklists.

We have to be very clear here. Samourai Wallet will not support BIP70 in our products, therefore, our wallet users will NOT be able to send bitcoin to QR codes generated by Bitpay invoices, as they do not provide a valid Bitcoin address. If you want to make payments to a QR code provided by Bitpay you will need to use a wallet that has enabled BIP70.
 

Samurai Wallet Team

 Also, developers say they refuse to accept BitPay's aggressive use of the dominant position of the company in the marketplace and to force purse providers to support their business plans or force users to use the system that adversely affects their privacy and the interchangeability of bitcoin as a whole.

According to representatives of Samourai Wallet, BitPay should focus its efforts on restoring its image and brand after the failure of the SegWit2x, to which they made significant efforts.

ACINQ to Release Lightning API For Bitcoin Mainnet

Strike is API for easy acception of Lightning network payments
25 May 2018   33

Developers from ACINQ presented a version of Strike API for Lightning-payments in the main bitcoin network.

Strike is an API for easy acception of Lightning payments. From a technical point of view, the service works as follows: ACINQ receives and aggregates incoming payments, and then periodically sends transactions to the recipient's wallet. In other words, companies can offer their clients instant and low-cost payments, receiving funds through the usual cash transaction.

We take a 1% fee on payments, and that’s it. Automated payouts to your Bitcoin wallet are free of charge, because we batch them among merchants. The threshold for automated withdrawals can be set between 0.1–1 BTC.
 

ACINQ

Also, users can make a payment to the wallet manually, however in this case you will have to pay a commission of 0.5 mBTC.

According to ACINQ representatives, although using Strike and assuming the need to trust a third party, the level of risk is minimal, since the service sends an onchain-transaction every time the total amount of payments reaches a user-adjustable threshold.

The developers noted that the Strike integration with the WooCommerce plugin is currently underway. In addition, ACINQ is considering the possibility of partnership with the Canadian Internet company Shopify, which specializes in developing software for online and retail stores. The company serves 500,000 trading companies with a combined turnover of $ 45 billion.