What is Nostr?
Rusty Russell [ARCHIVE] /
npub1zw7…khpx
2023-06-09 12:55:53
in reply to nevent1q…p38j

Rusty Russell [ARCHIVE] on Nostr: 📅 Original date posted:2019-08-12 📝 Original message: Ecurrencyhodler ...

📅 Original date posted:2019-08-12
📝 Original message:
Ecurrencyhodler Blockchains <ecurrencyhodler at gmail.com> writes:
> 1. Bob wants to send me 100,000 sats.
> 2. My node just came online and has 0 inbound liquidity.
> 3. I create an invoice for 100,000 sats. My LN node recognizes I have 0
> inbound liquidity so my wallet also embeds my URI in the invoice.
> 4. Bob’s wallet sees an invoice + uri. Maybe even tries to route. When
> it doesn’t see anything, it auto opens a channel + pushes 100,000 sat
> payment.
> 5. I now own and can spend 100,000 sats instantly.

If you publish your node address, Bob can already get this from the
gossip network, or the DNS seed as a last resort (and I expect
implementations to start doing this: I did it manually to buy a
thelightningconference.com ticket recently, for example).

So this proposal is mainly useful where you have no channels at all
(thus cannot advertize your node), or don't want to publish it
generally. And in both those cases, Bob probably doesn't want a channel
with you because it wouldn't be useful for paying anyone else.

Cheers,
Rusty.
Author Public Key
npub1zw7cc8z78v6s3grujfvcv3ckpvg6kr0w7nz9yzvwyglyg0qu5sjsqhkhpx