BOLT 12 And LNURL: What Is The Future For Bitcoin’s Lightning Network?
BOLT 12 and LNURL seem to accomplish the same things for users of the Bitcoin Lightning Network. But what are the technical differences?What is BOLT 12? Well, it is a lot of different features and moving pieces put together to accomplish multiple different things — static QR codes, modular invoices, privacy for the person receiving the payment. But what is the whole package? It's a way to have a single QR code, an "offer," allow you to grab invoices from a node in a privacy preserving way, while also allowing for things like requesting that a remote node pay your invoice. Now, anyone....
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A successor proposal to BOLT 11, BOLT 12 is a proposed upgrade to Lightning, the most popular Layer 2 Bitcoin protocol.
The future is now. CoinCorner’s the Bolt Card is a contactless and convenient debit card that lacks a screen. The product points to the next stage in bitcoin evolution, the creation of circular economies powered by the Lightning Network. Is this card the idea that will bridge the gap between bitcoin and the general public? […]