What is Nostr?
Tim Bouma
npub1q6m…x7d5
2024-06-20 14:17:08

Tim Bouma on Nostr: Pay to NPUB (P2NPUB) Proposal This could be an easier way to transmit funds than ...


Pay to NPUB (P2NPUB) Proposal

This could be an easier way to transmit funds than zapping. The payer only needs to interact with a Lightning Address provider that supports P2NPUB. #Nostr and #CASHU take care of the rest.

P2NPUB is simply:

1. The LN Address provider detects that the local part of a LN address is a valid npub.
2. The LN address provider accepts the payment on behalf of the npub
3. The LN address provider then immediately mints a Cash token of corresponding amount (minus applicable fees)
4. The LN address provider sends by DM (NIP-04) to npub
5. Npub receives DM and redeems accordingly.

Already implemented for <npub>@openbalance.app

Any LN address provider can implement now.

Finally, LN wallets can easily support - it's just Lightning Address. If just a npub, just transform into a Lightning Address that supports P2NPUB.

#P2NPUB



I was able to receive those nuts.
Author Public Key
npub1q6mcr8tlr3l4gus3sfnw6772s7zae6hqncmw5wj27ejud5wcxf7q0nx7d5