How to prove payment

Prove payments

When you send money to a party who then disputes the payment was made, you need to be able to prove the payment was made.

With Bitcoin, this is typically done by looking up the transaction ID, where the origin and destination addresses are shown, along with the amount transacted.

Peryx, however, is private: that information is not available publicly on the blockchain. The steps are therefore a bit more involved.

To prove to Charlie that she made a payment to Bob, Alice must supply Charlie three pieces of information:

  • the transaction ID, as is done in Bitcoin
  • Bob's address, as is done with Bitcoin
  • the transaction's key, which is new with Peryx and other CryptoNote currencies

When Alice made the transaction, a one time key was automatically generated just for this transaction.

GUI

Alice can open her peryx-wallet-gui and go to the history page to see her transaction detail:

History

Here, she can copy the transaction ID and Bob's address by clicking on each of them. Then she can click on P to get a payment proof (transaction key):

Payment proof

Alice can now send Charlie the transaction key along with transaction ID and Bob's address.

Note: if several transactions were made, this needs repeating for each such transaction.

Check payments

Charlie now received those three pieces of information, and wants to check Alice is telling the truth: on an up to date blockchain,

GUI

Charlie will open his peryx-wallet-gui and go to the Advanced > Prove/Check page to fill the Check section with the informations provided by Alice:

Check payment

Then clicking on Check will tell Charlie how much this particular transaction sent to this address, and how much confirmation the transaction had:

Payment checked

Obviously, Charlie will want to double check with Bob the address is really his - same as with Bitcoin.

Note: if several transactions were made, this needs repeating for each such transaction.