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the most exciting Bitcoin technologies
2 sats \ 5 comments \ @bazzell 10 Dec 2022 bitcoin
What is in your opinion the most exciting Bitcoin technologies that are emerging?
In my case, I was pretty impressive when I first heard of LNURL protocol and two particular use cases: authentication via LN and Point Of Sale offline machines. For those who don't know yet, Point of Sale is (i will try to explain my best) a way for merchants to receive LN payments in a more convenient way: instead of having to generate an invoice order via a LN wallet, they can use for example an offline machine that generates QR code enconding a LNURL, the user scans it and pays it right there, even if the merchant is offline (but the user has to be online)
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2 sats \ 3 replies \ @Condetiv 10 Dec 2022
Cashu and LnBits are great tools. Like the idea of private payments with custodial wallets
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1 sat \ 2 replies \ @bazzell OP 10 Dec 2022
What is Cashu all about? Could you give me a short explanation please? I`m newbie to these new technologies
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0 sats \ 0 replies \ @NorthKoreanHostage 11 Dec 2022
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0 sats \ 0 replies \ @Condetiv 10 Dec 2022
This is a good overview: https://yewtu.be/watch?v=UNjVc-WYdgE
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0 sats \ 0 replies \ @timechain 11 Dec 2022
Lightning Splicing. (Still in the works.) You can "splice-in" to add funds to a LN channel on the fly, with no downtime, in 1 transaction. (And it looks like a normal on-chain payment with taproot.) Also, you can "splice-out" and remove funds (bring them on-chain) with 1 transaction.
Whats more, these splice-out transactions can be batched to do a coinjoinlike transaction that is CHEAPER than a normal transaction.
You can learn about it in this talk by Dusty from Adopting Bitcoin Conference in El Salvador:
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