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CD90: Spiral Initiatives with Steve Lee

Citadel Dispatch

CHAPTER

Introducing Bolt 12: Reusable Offers for Lightning Payments

This chapter highlights the limitations of traditional Bolt 11 invoices and introduces Bolt 12, which brings the concept of reusable offers for easier peer-to-peer transactions. It discusses the benefits of Bolt 12, such as reusable payment identifiers and improved user experience, and addresses the challenges with QR codes, routing hints, and privacy concerns. The chapter also explores the incorporation of trampoline for asynchronous payments and discusses the progress and importance of Bolt 12 in the Lightning Network.

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