Introducing P4: Private Periodic Payment Protocol
January 24, 2019
Least Authority has recently designed a protocol called the Private Periodic Payment Protocol, or P4, which aims to define the way in which subscription services can be funded using end-to-end private cryptocurrency payments. P4 incorporates the use of Zcash shielded transactions for private payments and leverages the Tor anonymity network’s onion services to radically reduce the amount of personally identifiable information (PII) available to merchants. In addition, P4 introduces…