Bitcoin developer Ben Allen received a $100K grant from Maelstrom to advance Payjoin.
Payjoin improves Bitcoin privacy using collaborative transactions.
Widespread wallet adoption will determine the tool’s success.
Bitcoin developer Ben Allen has been awarded a $100,000 grant by investment firm Maelstrom to support the continued development of Payjoin, a privacy-enhancing transaction tool designed to make Bitcoin (BTC) usage more secure and efficient.
Announced on May 20, the grant will allow Allen and developer Dan Gould to accelerate their work on the Payjoin development kit (devkit). The funding aims to make Bitcoin more private and scalable by encouraging wallet providers and users to implement this advanced transaction method.
How Payjoin Improves Bitcoin Privacy and Efficiency
Payjoin, also known as P2EP (Pay-to-EndPoint), is a Bitcoin transaction type that involves both the sender and receiver participating in the construction of the transaction. Unlike regular
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