LNbits Extension: LNURL Withdraw, a revolution in bitcoin payment pulling

129 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

alifinlex
Published
LNURL is a range of lightning-network standards that allow us to use lightning-network differently. An LNURL withdraw is the permission for someone to pull a certain amount of funds from a lightning wallet. In the LNURLw extension, time is also added - an amount can be withdrawn over a period of time. A typical use case for an LNURL withdraw is a faucet, although it is a very powerful technology, with much further reaching implications. For example, an LNURL withdraw could be minted to pay for a subscription service.

Exploring LNURL and finding use cases, really helps inform lightning protocol development, rather than the protocol developers dictating how lightning-network should be used.
Category
Crypto Trading
Tags
Be the first to comment