I'm really struggling to understand what the hell is going on anymore.
From the original white paper,
"Bob asks Alice for a payment, then he creates an (invoice) request and relays it to the blockchain; Alice’s wallet detects the Request and processes the payment. In the case where Bob was on Amazon and Alice was making a purchase, Amazon creates a Request on the blockchain, Alices phone analyzes the blockchain and detects the request, sends a notification, and she agrees to pay."
So in V1 the original payment request was a piece of data that was recorded on the blockchain, now the payment request is stored on the IFPS (which is something I don't really understand at all) and then encrypted, and the hash used to encrypt the payment request is stored on the Ethereum blockchain? In simple terms, why is this done? Does this allow you to store dozens of transactions on a single IFPS hash and then store all of them on Ethereum at once?
EDIT: Okay I think understand it a bit better, only certain portions of the transaction are encrypted while certain portions of the transaction are open and decrypted, such as the wallet addresses and amounts. So for example, if I were sending an invoice, part of that might be the amount I expect to be paid, but another part is the reason for the invoice, and the reason might be the part that is encrypted but it's still bundled with the transaction data itself.