Nostr Web Client

Do you have a TLDR on bolt12? What it fixes exactly?

I googled this in the past, but im sure more experienced node runners will have a more in depth answer.

In order for a node to receive a transaction, it has to issue an invoice, so if you want to send anyone a transaction, you need to communicate with that node live to ask it to issue an invoice. That communication happens over a lightning url.

Bolt12 allows the lightning url to pack more data, so one can send a transaction to a node even if it is offline.

This is helpful because wallet nodes cant stay online, as soon as you close the app, the node is technically offline.

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Discussion

TKay 2y ago

I meant to say phone nodes. Not wallet nodes, but i also like this typo lol

The Daniel ⚡️ 2y ago

Yes, and there are other ways to do this.

nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 is experimenting with a way to hold non-custodial LNURL payments in a state until your mobile node comes back online to receive them.

#ZapLocker from nostr:npub1yxp7j36cfqws7yj0hkfu2mx25308u4zua6ud22zglxp98ayhh96s8c399s gives you a Lightning address where you can redeem payments both in LN and on-chain, but there are higher fees involved with that.

Secretary Janet Yellen 2y ago

Does it mean the #sats are in someone elses custody until I connect? Can they steal the sats by not noticing that I'm back online?

ZEUS 2y ago

Nope. Sats are never in our custody

Greeny 2y ago

U mean they just stay on the timechain? And get bounced around back and forth according to who holds what keys etc? Or am I wayy off?

ZEUS 2y ago

Way off. We’ll write a blog post about it to explain

twentyone 2y ago

Post the link here please when you do #[7]

The Daniel ⚡️ 2y ago

Sorry if I spilled the beans but I’m very excited about this one.

Greeny 2y ago

I’m so confused and feel like an idiot today JS

The Daniel ⚡️ 2y ago

I am also an idiot, but an excited one.

Greeny 2y ago

I thought with phoenix wallet u could do on chain or lightning and it’s non custodial… is that the same thing?

The Daniel ⚡️ 2y ago

This is about making LNURLs/Lightning addresses work for non-custodial wallets that aren’t continuously connected to the internet, one of the bigger unsolved challenges.