Btcnews on Nostr: BOLT11 BOLTs (Basis of Lightning Technology) are the documents that define the ...
BOLT11
BOLTs (Basis of Lightning Technology) are the documents that define the protocol specification for all Lightning implementations to communicate and interact.
The BOLT11 invoice specifies what is needed to complete the payment on the Lightning Network. Invoices are encoded using bech32 encoding, which is a checksum algorithm with the ability to detect errors.
The payment must be made within a stipulated time from when the Lightning invoice is due, and the same invoice must not be paid more than once because the first payment will have revealed the secret (preimage) to the participants in the payment path.
Over time, BOLT11 has presented deficiencies in the bill, which gives way to BOLT12.
Published at
2024-08-21 14:04:20Event JSON
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"content": "https://image.nostr.build/f127cd7f30338fa7920740c6f4b890aa33b8b1f0208366dfd417d371e0b87133.jpg\n\nBOLT11\n\nBOLTs (Basis of Lightning Technology) are the documents that define the protocol specification for all Lightning implementations to communicate and interact.\n\nThe BOLT11 invoice specifies what is needed to complete the payment on the Lightning Network. Invoices are encoded using bech32 encoding, which is a checksum algorithm with the ability to detect errors.\n\nThe payment must be made within a stipulated time from when the Lightning invoice is due, and the same invoice must not be paid more than once because the first payment will have revealed the secret (preimage) to the participants in the payment path.\n\nOver time, BOLT11 has presented deficiencies in the bill, which gives way to BOLT12.",
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