Octojoin: Payjoin with no interaction between sender and recipient

Payjoin transactions, which are designed to enhance privacy by requiring coordination and the sharing of Unspent Transaction Outputs (UTXOs) with untrusted users, present a complex issue. In response to this problem, a solution named Octojoin has been proposed. Octojoin introduces a method that allows users to incorporate multiple inputs within a single transaction. Among these inputs, some may have histories linked to other users. This strategy complicates the task for on-chain analysts attempting to ascertain the ownership of the said inputs.

The fundamental concept behind Octojoin is to mimic an octopus's ability to camouflage itself. This analogy is drawn to illustrate how Octojoin transactions aim to blend in with regular bitcoin transactions, thereby enhancing their privacy. By appearing indistinguishable from ordinary transactions, it becomes exceedingly difficult for third parties to track or analyze them accurately. Furthermore, Octojoin is not just about improving transaction privacy. It also seeks to boost the usage of swaps and provides an innovative avenue for users to sell statecoins generated from coinjoined UTXOs.

For more detailed information on Octojoin and its mechanisms, interested parties are encouraged to visit the official page at https://octojoin.github.io/. Developers and users are invited to provide feedback or highlight any critical aspects that may have been overlooked, with the aim of further refining and enhancing the Octojoin solution.