A push is underway among some
The initiative, spearheaded by a group calling themselves “Bitcoin for Signal,” encourages the platform’s developers to explore implementing a novel approach leveraging the Cashu protocol.
This integration would potentially enable users to conduct Bitcoin transactions directly within their conversations, all while preserving user privacy.
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The concept gained traction when Square founder and prominent Bitcoin advocate, Jack Dorsey, shared a post on X from the pseudonymous developer @CashuBTC, proclaiming, “Signal should use Bitcoin.”
The core of this proposal lies in “Chaumian ecash,” working alongside the Cashu protocol to ensure transaction anonymity. Proponents believe this system allows Signal to integrate Bitcoin payments without sacrificing its core principle of user privacy.
Peter Todd, a Bitcoin contributor, voiced criticism regarding Signal’s current cryptocurrency option, MobileCoin. He stated on X:
Signal App needs to accept reality and just add Bitcoin support.
Signal introduced MobileCoin in 2021, intending it to facilitate rapid and confidential transactions. However, some users and developers contend that it depends on a limited number of validators, rendering it potentially less secure and open than initially anticipated.
The “Bitcoin for Signal” campaign has garnered support from various developers, including Calle and Pavol Rusnak, a founding member of Satoshi Labs.
In related news, Dorsey recently advocated for revised taxation policies regarding small Bitcoin transactions. Want to know more? Explore the complete story here.