Why Nostr? What is Njump?
2024-06-23 13:25:19
in reply to

Tim Bouma on Nostr: nostr:note1dj5sv44ec60kawdz32ugz9d35ld574uhrt6nq29rcs0lpvrf2tds75y9ys


Pay to NPUB (P2NPUB) Proposal

This could be an easier way to transmit funds than zapping. The payer only needs to interact with a Lightning Address provider that supports P2NPUB. #Nostr and #CASHU take care of the rest.

P2NPUB is simply:

1. The LN Address provider detects that the local part of a LN address is a valid npub.
2. The LN address provider accepts the payment on behalf of the npub
3. The LN address provider then immediately mints a Cash token of corresponding amount (minus applicable fees)
4. The LN address provider sends by DM (NIP-04) to npub
5. Npub receives DM and redeems accordingly.

Already implemented for @openbalance.app

Any LN address provider can implement now.

Finally, LN wallets can easily support - it's just Lightning Address. If just a npub, just transform into a Lightning Address that supports P2NPUB.

#P2NPUB



Author Public Key
npub1q6mcr8tlr3l4gus3sfnw6772s7zae6hqncmw5wj27ejud5wcxf7q0nx7d5