Standards
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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.

Invoice-based payments 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 Transaction ancestors is a data structure that encapsulates a transaction along with Merkle Proofs and full transactions of confirmed ancestors.

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

Paymail standardises a communication protocol that offers global user-memorable handles backed by service discovery, feature negotiation, and an extension mechanism for communication between Bitcoin wallets and applications.

The Envelope Specification scope is to provide a common system for identifying the protocol used to encode data, encrypting and decrypting that data, and identifying MetaNet hierarchy and ownership of the data in an unspendable output script.

The primary purpose of this Travel Rule specification is to define a standardised protocol for VASPs on the BitcoinSV blockchain to collect and exchange the information required by the Travel Rule.

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