Introducing Recurring #Bitcoin Lightning Payments ⚡

I've been receiving part of my salary (£10 per day) automatically sent to my Lightning Address in sats daily via CoinCorner.

Automatically streaming money like @aantonop talked about many years ago is here.

Mini 🧵
This is helping introduce features we are used to from the legacy system on Bitcoin

Standing orders, direct debits or subscription based payments.

This is the 1st stage of many more to come introducing new capabilities along the way

Streaming like this changes the way we think
How does it work?

We're using LNURL again, simply making automated payments setup by the customer at whatever interval they wish and sent via LNURLPay or Lightning Addresses.

This means it's interoperable with other Lightning wallets and services using LNURL/Lightning Addresses
Direct debit/Subscriptions - Dynamic amounts?

Something clever we can do with a Lightning Address for example, the merchant can control the parameters, meaning every month they can change the amount to be paid. When being paid it can automatically read the "min payment" and make
the payment amount accordingly, allowing for dynamic value subscription or direct debit payments.

The payments are simply Lightning, so can be micro transactions if people wish to do so.

And for the Bolt12 fans yes it's on the radar, but we have demand for this feature now.
@CoinCorner we strive to make #Bitcoin the money and payments system of the future ⚡

Some further information here -…
Thanks to all the team @CoinCorner 🙌⚡

@coincornerzakk and all the tech team for bringing this to life 👊

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More from @CoinCornerDanny

May 17
Announcing “The Bolt Card” 🧵

Visa? No
Mastercard? No
Lightning? Yes

The Bolt Card is an offline Lightning contactless card, powered by NFC, #Bitcoin Lightning and LNURL.

A global, open, permissionless, decentralised monetary network.
Read 29 tweets
May 17
Announcing “The Bolt Card” 🧵

Visa? No
Mastercard? No
Lightning? Yes

The Bolt Card is an offline Lightning contactless card, powered by NFC, #Bitcoin Lightning and LNURL.

A global, open, permissionless, decentralised monetary network.

So what just happened?!

An offline NFC (contactless) card “tapped” the Lightning enabled POS device, which requested the required payment, my @CoinCorner account grabbed my GBP, turned it into BTC and instantly sent BTC over Lightning to the merchant instantly settled.

Making in person payments with #Bitcoin and Lightning is still not as efficient and user friendly as we need it to be for the mass audience. We’re still opening our phone, opening an app, scanning a QR code and then making the transaction....
Read 23 tweets
Jan 10
While #Bitcoin dips below $40,000

Let's take a look what happened in 2021 building the momentum and foundation for #Bitcoin to continue it's bullish run in 2022 🧵

▪️ El Salvador made #Bitcoin legal tender
▪️ #Bitcoin all time high $69,000
▪️ @Blockstream and @bitfinex helped El Salvador offer $1 bil #Bitcoin bond and build #Bitcoin City
▪️ Amazon looking into cryptocurrency payments
▪️ @Twitter introduced #Bitcoin tipping
▪️ 56% of #Bitcoin mining reportedly renewable
▪️ Segwit adoption passed 80%
▪️ Hashrate hit a new high high of 195 EHs after China ban
▪️ McDonalds, Starbucks etc all accepting #Bitcoin Lightning in El Salvador
▪️ MercadoLibre, Brazils biggest ecommerce platform will soon allow buy/sell/hold #Bitcoin via their app
Read 25 tweets
Jul 24, 2021
Events from 2021 that are building the momentum for this #Bitcoin bull run

▪️ El Salvador make #Bitcoin legal tender
▪️ 56% of #Bitcoin mining reportedly renewable
▪️ @amazon looking into cryptocurrency payments
▪️ @Twitter want to introduce #Bitcoin for variety of features
▪️ China ban mining - miners relocate looking for renewable energy - further decentralising mining
▪️ @BustaRhymes buys #Bitcoin
▪️ @SpaceX own #Bitcoin
▪️ Multiple #Bitcoin companies become Unicorns
▪️ Lightning infrastructure/nodes expanding at fastest pace to date
▪️ BlackRock buys 12% stake in MicroStrategy
▪️ Following El Salvador the following countries look to adopt #Bitcoin
✅ El Salvador 🇸🇻
✅ Paraguay 🇵🇾
✅ Panama 🇵🇦
✅ Brazil 🇧🇷
✅ Argentina 🇦🇷
✅ Nicaragua 🇳🇮
✅ Mexico 🇲🇽
Read 16 tweets
Jul 22, 2021
So.... we ran the numbers

#Bitcoin Vs the Worlds energy usage

🧵 1/6

Credit: @CoinCornerOllie
Source:… Image

"We are not here to defend #Bitcoin's energy usage, as it uses this energy to secure the network and will continue to do so as long as Bitcoin is useful."

"The purpose of this article is to help bring real world comparisons to light to help the general public understand #Bitcoin's energy consumption while comparing it to everyday activities they never question."
Read 6 tweets
Jun 16, 2021

Introducing “Hoffline”

The 1st automated #Bitcoin hot wallet where the private keys never go online, fully air-gapped.

Take a look at the video and I’ll explain below 👇

High level device overview

1x Offline (Blue)
- Raspberry pi
- Screen
- Camera
- Bitcoin wallet - private keys

1x Online (Orange)
- Raspberry pi
- Screen
- Camera
- Ethernet cable
- Bitcoin wallet - watch only

Cheap cost for setup

High level how it works

Online Device:
- Gets transactions to send from database
- Creates unsigned transaction
- Displays QR code with unsigned transaction data

Offline device
- camera automatically scans QR code
Read 17 tweets

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