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STANDARDS
STAGE
CATEGORY

Direct Payment Protocol is a protocol for communication between a payment host (usually either a merchant, a payment processor, or simply the recipient’s wallet) and their customer (the sender of the funds).

The Merkle proof is fundamental to the Simplified Payment Verification (SPV) model that underpins bitcoin scaling.

The Transaction ancestors is a data structure that encapsulates a transaction along with Merkle Proofs and full transactions of confirmed ancestors.

This standard is based on the Invoice-based payments (BIP270) protocol and defines schemas that wallets will use for performing the P2P Payment using the Invoice-based payments (BIP270) standard.

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