Watch This Episode On YouTube

Listen To This Episode:

Sjors is back! In this episode of “The Van Wirdum Sjorsnado,” hosts Aaron van Wirdum and Sjors Provoost discussed BOLT 12 (Basis of Lightning Technology 12), a newly-proposed Lightning Network specification for “offers,” a type of “meta invoice” designed by c-lightning developer Rusty Russell. 

Where coins on Bitcoin’s base layer are sent to addresses, the Lightning Network uses invoices. Invoices communicate the requested amount, node destination and the hash of a secret which is used for payment routing. This works, but has a number of limitations, 

Credit: Source link