Subnostr

Can we finally have Bolt12 offers implemented by wallets?

With Bolt12 Offers we can have static QR codes or strings that can be utilized by users to fetch new invoices from each other.

This means we could create a Bolt12 code that relates to our wallet and post this up to receive donations or to receive regular ongoing payments. It also means streamers, content creators, or fund-raisers could use a single QR code to take donations cheaply and quickly.

Lets bring new experience to Lightning!

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Discussion

plebeian 1y ago

For those not familiar with BOLT 12...

What is BOLT 12?

BOLT 12 is a proposed upgrade to the Lightning network. For users, it can enable things like reusable payment requests, increased receiver privacy, and increased censorship resistance.

Reusable Payment Requests

Now that I can slap a QR code on our tip jar, my band can seamlessly receive tips in bitcoin! No more creating a new QR code for every virtual fan who wants to tip us after a moon colony gig, and no more losing 75% of potential tippers due to the long wait for BOLT 11 invoices.

Receiver Privacy

As a shadowy super coder contributing to Bitcoin Core, I needed a way to accept donations that preserves anonymity while compartmentalizing my 784 digital identities. With BOLT 12’s route blinding, I can now accept payments discreetly and securely!

Social Integration

I’m a content creator on Nostr who has always wanted a self-custodial way to accept zaps for my VR artwork. By publishing my bitcoin wallet’s payment code to my Nostr profile, I can receive zaps directly, without custodians or middlemen. Viva la BOLT 12!

Auto-withdrawals

After hearing some cyborgs talk about bitcoin on XNBC Squawk Cube, I decided to buy in. Later, I learned that it's better to self-custody bitcoin rather than trust exchanges. So, I set my exchange account to automatically deposit bitcoin into a self-custodial wallet using BOLT 12 offers.

Censorship Resistance

As an activist living under an authoritarian robot regime, I needed a way to accept donations without payment services blocking my IP address. With onion messaging, my IP address remains hidden, ensuring I can receive support securely. Smash the autonomous patriarchy!