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URI Scheme

BIP 321. Matt Corallo.

BIP 321, URI Scheme. A URI scheme for describing Bitcoin payment instructions.

Status in the source: Complete. A reading of the public specification, not a copy of it and not a certification.

URI Scheme is worth reading for the rule it actually adds: A URI scheme for describing Bitcoin payment instructions.

The five-minute read

The rule

A URI scheme for describing Bitcoin payment instructions.

What was already failing

An interface that is only a name in a repository will be re-implemented differently by every team, which is how shared contracts break.

What the number does not mean

The source marks this complete. That is a statement about the text, not a promise that every wallet or node has shipped it.

What a builder should be able to point at

An implementation either constrains URI or it is a different design.

One action, walked through

  1. Open BIP 321 and read the status line before the examples.
  2. Write down the rule in one sentence. A fair version of that sentence is: A URI scheme for describing Bitcoin payment instructions.
  3. Name the object that changes: URI.
  4. Ask what an old client, an old contract, or an offline counterparty does. If the document is silent, the silence is part of the design.

The argument, unpacked

What the text is allowed to settle

Bitcoin Improvement Proposal 321 can settle the shape of URI Scheme. It cannot settle whether a later client, a later fork, or a later wallet still does this.

What this page will not pretend

There is no benchmark, no adoption number, and no claim that the mechanism is safe outside the assumptions written in the source.

What has to be true

  • You are implementing BIP 321 at the status the text itself states: Complete.
  • The object that has to change is URI. A neighbouring document with a similar name is not this one.
  • Status in the header is not adoption.

What happened after the paper

The source marks this complete. That is a statement about the text, not a promise that every wallet or node has shipped it. Later documents can narrow, replace, or ignore this one. Cite the number you mean.

What to check before you use the idea

  • What must an implementation of URI Scheme accept, and what may it ignore?
  • Is this consensus, peer policy, or an application interface?
  • Which names does the text pin down: URI?

Terms

BIP 321
The public text titled URI Scheme.
Complete
The document's own label for how finished the text is. It is not a market fact.

The problem the paper names

An interface that is only a name in a repository will be re-implemented differently by every team, which is how shared contracts break.

What the design proposes

  • A URI scheme for describing Bitcoin payment instructions.
  • The purpose of this URI scheme is to enable users to easily make payments by simply clicking links on webpages or scanning QR Codes.
  • This BIP is a modification and intended replacement of [[bip-0021.mediawiki|BIP 0021]] to add information about the modern usage of bitcoin: URIs (including standard query parameters and modern address types) as well as provide forward-looking guidance on how to incorporate new payment instructions.

How the mechanism is specified

  • Taken from the specification, the next constraint is: The purpose of this URI scheme is to enable users to easily make payments by simply clicking links on webpages or scanning QR Codes.
  • Locate URI in BIP 321 and apply it to one transaction or call.
  • Then check the failure the class of rule always has: a node that did not upgrade, a reverted call, a replayed signature, or a peer that does not speak the message.

What this page does not treat as proven

  • This document does not set a fee, a valuation, or a security proof.
  • Status in the header is not adoption.
  • The source marks this complete. That is a statement about the text, not a promise that every wallet or node has shipped it.

Why a venture studio still reads it

Use BIP 321 when a pitch says 'URI Scheme' without saying whether the rule is consensus, policy, or an interface. The number is the citation. The pitch is not.

This is Blockchain Lab's reading of a public design paper. It is not the paper, not a copy of it, and not an offer of tokens, equity, custody or a partnership. Later network behaviour can diverge from the text. Nothing here is investment, legal or technical advice.

Research status: Design paper. Last reviewed: 1 October 2026. This is a reading of a public paper, not investment, legal or security advice.