It's time for Lightning⚡️ and it's time for BOLT12🔩
As of today, OCEAN miners can attach a BOLT12 offer to their #Bitcoin address and get paid out over Lightning!
BOLT12 offers allow us to request multiple invoices for any amount while only requiring the miner to set things up once.
Miners simply sign a message containing the offer using the private key associated with their Bitcoin address.
Using BOLT12 also allows us to prove to the world that a payment was made, the size of the payment, the node to which it was paid, and that it was paid by us.
This means we can continue to offer fully transparent and verifiable pooled mining while no longer being restricted by the base layer!
Using the Bitcoin stack to its fullest is how we eliminate the need for trust and bring sovereignty to mining.
🚩🚩🚩 Bolt12 is basically a reimplementing of Tor, a poorly designed and unreliable transport abstraction over Bolt11, and an assault on its network effect.
Transparent in its peddling by neobankers, otherwise a trojan horse for scaffolding native shitcoin support in lightning wallets. Bad stuff.
cool. now do taproot assets
Agreed it's useless shitcoin tech, but it's also not pretending to be a lightning spec...
I just ignore it, it's a separate daemon- not a trojan horse into existing implementations
Actually, it's pretending to be Bitcoin spec...
Analogue of a BIP would be a bLIP... so the comparison would be fair if it called itself blip12
In anycase, they're both perverse
