Bitcoin on Nostr: Revolutionizing Payments with BOLT12 BOLT12, the new payment protocol on the ...
Revolutionizing Payments with BOLT12
BOLT12, the new payment protocol on the Lightning Network, offers greater privacy and efficiency without requiring dedicated servers. It introduces reusable offers and invoices that enhance security and privacy through features like onion messages and blinded paths, which obscure transaction details and participant identities effectively.
- BOLT12 simplifies transactions by allowing offers to replace the traditional, cumbersome BOLT11 invoices, thereby enabling smaller QR codes and stateless transactions.
- This protocol ensures increased anonymity with the use of blinded paths and unique keys for each transaction, making it difficult to trace payments back to the participants.
https://lightningdevkit.org/blog/bolt12-has-arrived/
BOLT12, the new payment protocol on the Lightning Network, offers greater privacy and efficiency without requiring dedicated servers. It introduces reusable offers and invoices that enhance security and privacy through features like onion messages and blinded paths, which obscure transaction details and participant identities effectively.
- BOLT12 simplifies transactions by allowing offers to replace the traditional, cumbersome BOLT11 invoices, thereby enabling smaller QR codes and stateless transactions.
- This protocol ensures increased anonymity with the use of blinded paths and unique keys for each transaction, making it difficult to trace payments back to the participants.
https://lightningdevkit.org/blog/bolt12-has-arrived/