Proposed BIP 70 extension



Summary:

The email thread discusses the use of a numeric memo field as a structured data for Bitcoin transactions. The original email questions the marketing hype around the "save" feature in Bitcoin transactions and suggests that merchants could misuse the feature by inserting meaningless or misleading data in the field. The response to the email agrees with the use of a memo field but acknowledges the possibility of abuse by merchants. The email signature belongs to Jeff Garzik, a Bitcoin core developer and open source evangelist at BitPay Inc., a bitcoin payment service provider.


Updated on: 2023-06-09T00:34:16.495103+00:00