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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 transactions, where inputs only come from the sender, Payjoin mixes in inputs from the receiver as well, making it significantly harder for blockchain analysts to trace funds.
This batched structure adds a level of obfuscation that helps preserve user privacy without requiring major changes to Bitcoin’s protocol. Additionally, by using more efficient transaction packing, it can also reduce blockchain bloat, enhancing scalability.
Interestingly, former BitMEX CEO Arthur Hayes has noted that “Payjoin adoption improves the privacy of even the people who don’t use it.” That is, widespread adoption creates network-level benefits, as it complicates chain analysis for everyone involved.
Developer Efforts and Wallet Integration Goals
In comments shared with Cointelegraph, Allen said he is building out performance benchmarks to make it easier for wallet developers to adopt the tool. He is also working on expanding test coverage, ensuring code consistency and reproducibility key for building trust among Bitcoin developers and users alike.
“The biggest step we can take,” Allen emphasized, “is simplifying the experience and moving complexities away from the user.”
The Maelstrom team echoed that sentiment. A representative noted that one of the most critical success metrics will be integration into popular open-source Bitcoin wallets. They went as far as to say that if Bitcoin Core, the reference implementation for Bitcoin, adopts Payjoin, it would mark a major milestone for the tool’s credibility and adoption.
Broader Implications for Bitcoin’s Future
As regulatory scrutiny around crypto grows and blockchain analytics become more sophisticated, tools like Payjoin are expected to play a larger role in preserving user privacy and autonomy. The grant from Maelstrom demonstrates increasing investor interest in privacy infrastructure, a space traditionally underfunded compared to other crypto innovations.
The move also aligns with a broader industry trend toward enhancing the usability of Bitcoin privacy tools to ensure they are accessible, intuitive, and robust.

$BTC

#BTC

The world of cryptocurrencies is full of interesting comparisons, and one of the most fun analogies is the one that connects digital currencies with traditional precious metals. Just like gold, silver, and bronze have played important roles in history, digital currencies are starting to take on similar roles in the new age of finance.

In this analogy:

Bitcoin is digital gold

Litecoin is digital silver

And we have Verge (XVG) as digital bronze

Bitcoin: Digital Gold

Let’s start with Bitcoin. Bitcoin is the original cryptocurrency and definitely plays the role of digital gold. Just like gold, it’s scarce, valuable, and people see it as a store of value. With a fixed supply of 21 million coins, Bitcoin's scarcity makes it a great hedge against inflation – kind of like how gold has been used for centuries to protect wealth.
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Litecoin: Digital Silver

Next up, Litecoin. It’s often referred to as digital silver in the crypto world. Why? Well, with a supply cap of 84 million, it’s not as scarce as Bitcoin, but it’s still got value. And let’s face it, silver is a bit more practical than gold for day-to-day transactions, right? Litecoin, with its faster transactions and lower fees, is very much the same – perfect for everyday use.
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Verge: Digital Bronze

Now, what about Verge (XVG)? Here's where it gets interesting. If we think of bronze as being more common and practical than gold and silver, Verge fits perfectly in that spot. Historically, bronze was used more widely for tools, weapons, and everyday items. It wasn’t as precious, but it was still important, right? And Verge, with its 16.5 billion coins, isn’t as rare as Bitcoin or Litecoin, but it’s still got a solid supply.
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Unlike Bitcoin and Litecoin, Verge’s supply is much larger, reflecting its more abundant nature – similar to how bronze is used more commonly than gold or silver. This larger supply makes Verge a practical, accessible choice for smaller transactions, where scarcity isn’t as critical, but utility is key.

Why Verge as Digital Bronze?

Plenty of Supply: With a max supply of 16.5 billion coins, Verge sits much lower in terms of scarcity compared to Bitcoin’s 21 million and Litecoin’s 84 million. While it’s not in the "middle" supply-wise, it does serve a different role. It’s more abundant, allowing for practical use in smaller transactions.

Perfect for Daily Use: Verge is fast, with quick transaction times and low fees. It’s really made for smaller transactions, and that’s exactly what bronze was used for historically.

Privacy-Focused: Verge isn’t just about speed, though. It’s also about privacy. By using networks like Tor and I2P, it offers a level of anonymity. While not as private as Monero, it’s still a strong privacy coin compared to many others.

So, Why Does This Matter?

Well, this analogy isn’t just fun—it actually helps us understand what these cryptocurrencies are doing in the real world.

Bitcoin is for long-term wealth preservation.

Litecoin is your everyday transaction coin, quicker and cheaper for quick payments.

Verge is, like bronze, practical and accessible for things like small transactions, tips, and micro-payments.

It’s a nice balance of scarcity, utility, and practicality – just like the roles of gold, silver, and bronze throughout history.

Conclusion: The Digital Metal System

Just like how we’ve trusted gold, silver, and bronze throughout time for different purposes, these digital currencies are starting to shape the future of finance in similar ways. Whether you’re storing wealth in Bitcoin, making quick payments with Litecoin, or using Verge for everyday privacy-focused transactions, each coin has its role to play in this digital ecosystem.

So, next time you look at a cryptocurrency, think about its role in the market. It might just be the digital gold, digital silver, or digital bronze you’ve been looking for.

Disclaimer:

The views expressed in this post are for informational purposes only and should not be construed as financial or investment advice. Cryptocurrencies are highly volatile, and investing in them involves significant risks. Always do your own research and consult with a professional before making any investment decisions. The author does not assume responsibility for any losses or damages arising from the use of this information.
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