From 89fa96fce4e5e53688db1067270c8fa9cd74e333 Mon Sep 17 00:00:00 2001 From: Conor Okus Date: Fri, 15 Nov 2024 16:47:03 -0500 Subject: [PATCH] Replace text --- docs/why-payjoin/scaling.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/docs/why-payjoin/scaling.md b/docs/why-payjoin/scaling.md index 720abaa..88899f1 100644 --- a/docs/why-payjoin/scaling.md +++ b/docs/why-payjoin/scaling.md @@ -17,7 +17,7 @@ In Payjoin, the sender and receiver both contribute funds, breaking Satoshi's as The Payjoin using exclusively Pay-to-Taproot addresses (P2TR) [here](https://mutinynet.com/tx/3c5436f1edf7d4c32a5ccf2448c1e963f52bb8a0fb6f8688d7e78a14e1cbe80b) is 211.75 vB. An analogous P2TR payment [here](https://mutinynet.com/tx/2c45dc6fef9feb32b9741cc3e6197eda94e1b0c45675e18818bfadce9fa94e20) is 152.25 vB and P2TR consolidation [here](https://mutinynet.com/tx/ef9263ed05c07f7ba933389eee7bfd62372e3dc4d1e697f96b7c66a215cc9b46) is 168.5 vB, for a total of 320.75 vB. The separate payment and consolidation have to pay for 51% more block weight to be mined than the Payjoin. What other scaling solution achieves that kind of savings? ## Opportunistic Consolidation -Payjoin got its start as a way to make a sort of coinjoin from a payment. A receiver combines their input with the sender's, effectively joining a [consolidation](https://bitcoin.stackexchange.com/questions/103194/confused-about-utxo-management-and-consolidation) transaction with a simple transfer. An observer looking at the Payjoin is cannot tell it apart from a simple transfer where all of the inputs come from the same entity. +Payjoin got its start as a way to make a collaborative transaction. A receiver combines their input with the sender's, effectively joining a [consolidation](https://bitcoin.stackexchange.com/questions/103194/confused-about-utxo-management-and-consolidation) transaction with a simple transfer. An observer looking at the Payjoin is cannot tell it apart from a simple transfer where all of the inputs come from the same entity. ## Transaction Cut-Through Payjoin not only creates opportunity to batch consolidation, but may create any output with the incoming funds. Because Payjoin involves live interaction, the receiver may [open lightning channels](./lightning), forward funds to a different wallet, pay for goods and services, or batch forward transactions with incoming funds without first taking them into a new UTXO. \ No newline at end of file