Bin Aline, third recipient, was named Malestrom Bitcoin developer grant, family office Arthur Hayes He announced in a recent press release sent to Bitcoin magazine. Next year, Allen will focus on strengthening the Payjoin Dev Kit project, a Bitcoin transaction tool that focuses on privacy designed to improve its identity and the possibility of expanding the network.
Payjoin, which was first presented in 2019 by Nicolas Dorier at BIP 78, allows the sender and the future to contribute to the inputs in the treatment of one Bitcoin. This disrupts the common assumptions used by financial monitoring companies, which is the idea that multiple transactions inputs must come from one entity. By breaking this assumption, limited accreditation for Payjoin can enhance privacy via Bitcoin.
Arthur Hayes, chief investment official in MALSTROM: “The great thing in Payjoin is that if only a small amount of adoption is achieved, it breaks a major assumption that financial monitoring companies use. The assumption that they have to adopt.”
Allen, who will work alongside Dan Gull, aims to expand Payjoin’s implementation so that it can be integrated into Bitcoin Governorate. He admitted the technical complications of the project – including the requirements that the online receptions be online – but expressed their optimism about overcoming these challenges.
Allen said: “I am very grateful to Arthur Hayes and Maelstrom to generously provide me with this grant to support my work in the Payjoin Dev collection project.” “With this funding, I can devote myself full -time to enhance Payjoin’s implementation, improve the test, and ensure that the Dev group is still strong and well documented and can be maintained in the future.”
Allen also emphasized the broader task of his work: “The improvement of Bitcoin’s privacy is an area in which it allows to continue to improve a better experience by enabling users to control their financial data and enhance the greatest peace of mind when using Bitcoin one day.
Maelstrom, who focuses on supporting the infrastructure of digital assets, Arthur Hayes, co -founder of Bitmex. Through grants such grants, the company invests in the constituent tools that enhance the most private bitcoin system, to develop and decentralize.
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