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bip-0047.mediawiki
@@ -174,7 +174,7 @@ Note: this procedure is used if Bob uses a version 1 payment code (regardless of
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## Bob selects the designated pubkey: <pre>A, where A = aG</pre>
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## Bob selects the private key associated with his notification address: <pre>b</pre>
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## Bob calculates a secret point: <pre>S = bA</pre>
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-## Bob calculates the binding factor: <pre>s = HMAC-SHA512(x, o)</pre>
+## Bob calculates the blinding factor: <pre>s = HMAC-SHA512(x, o)</pre>
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### "x" is the x value of the secret point
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### "o" is the outpoint being spent by the designated input.
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## Bob interprets the 80 byte payload as a payment code, except:
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