Hello!,
I was checking Twitter and I saw some people exited about BOLT12 web site, being a static QR code to receive payments over the Lightning Network.
I'm NOT an expert in BTC or the Lightning network, so could someone explain me what are the differences between these two protocols?, any advantage from Bolt12 over LNURL?
Gracias!
The main differences are:
Excellent information!
Thanks
Is there a way to pay a bolt12 invoice from a wallet that doesn't support bolt12, by converting it to a normal (one-time) LN invoice using an external tool?
No, I don't think so.
Zeus had the implemntation the other day as did Phoenix! From my understanding Bolt 12 can enable more custom routing channels and more efficient lightning channel management.
This is high level, there is alot to Bolt12.
Great!
This dicussion is very helpful for beginners to understand the key differences.
Here is a good technical explanation from Massmux. https://massmux.org/p/bolt12-on-the-phoenix-phoenixd-ecosystem
BOLT12 simplifies Lightning Network payments with static QR codes, offering ease of use for receiving transactions, while LNURL provides dynamic capabilities through URLs, enabling a range of interactive Lightning Network functionalities.
BOLT12 is the future. Offers more privacy and is more decentralized. LNURL repeats the mistakes we made with the internet, as it provides an easy choke point that authorities can use to exert control and track transactions.
I am beyond exited about BOLT12, and don't listen to the naysayers, it works fantastic. I have been receiving BOLT12 payments from OCEAN for weeks now without a hitch, and just tried Phoenix wallet's implementation. It's gorgeous and smooth. BOLT12 frees us from havinh to compromise/choose tradeoffs between reuseable LN invoices, privacy and UX.
Give it a try, it's awesome.
It's a scam pushed by shitcoiners to make lightning fragile and broken by making payments use Tor
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