Spend Key — the key that actually authorizes moving funds. This one can stay in offline cold storage and only touch a signing device when you’re ready to send.
Is it possible to sign / verify the silent payment address like a normal address or not yet? If not, why?
When someone sends you a payment, the protocol derives a brand-new Taproot address for that specific transaction. An outside observer looking at the blockchain sees a normal Taproot output — they have no way to know it was generated from your silent payment address, or that it's connected to any of your other received payments. So yes you can see the derived addresses and see amounts allocated on, if you are the party who received the amount. if this was your question
Great article Massimo
Great guide thanks @Max Musumeci
About this:
Spend Key — the key that actually authorizes moving funds. This one can stay in offline cold storage and only touch a signing device when you’re ready to send.
Is it possible to sign / verify the silent payment address like a normal address or not yet? If not, why?
Thanks!! 🍊
When someone sends you a payment, the protocol derives a brand-new Taproot address for that specific transaction. An outside observer looking at the blockchain sees a normal Taproot output — they have no way to know it was generated from your silent payment address, or that it's connected to any of your other received payments. So yes you can see the derived addresses and see amounts allocated on, if you are the party who received the amount. if this was your question
Thanks Max but not really.
I was referring to the possibility to sign the silent payment address with a private key to generate a verifiable signature, similar to PGP