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Sovereign Starter

Check yourself: Receive without a till

Three questions from this Sovereign Starter step. Educational only. Not a certificate.

Questions and answers, readable without JavaScript.

  1. What is a BOLT-11 invoice?

    • A reusable Bitcoin address with a Lightning prefix
    • A channel opening request
    • A signed, time-bounded request for funds, with a payment hash — one shot
    • An LNURL by another name
    Answer 1

    A signed, time-bounded request for funds, with a payment hash — one shot

    BOLT #0 calls an invoice a request for funds so the payer can later prove payment. The note's frame: it is a signed, time-bounded request, not a reusable address.

    Read the note → · Receive-Only Lightning Is Not a Merchant Stack

  2. What makes a correct invoice still unpayable?

    • No inbound capacity on the receive side. Generating invoices is cheap; being reachable is not free
    • A Bech32 checksum
    • Omitting the lightning: prefix
    • Using uppercase in a QR
    Answer 2

    No inbound capacity on the receive side. Generating invoices is cheap; being reachable is not free

    Inbound liquidity is how many sats a channel can still accept. An invoice with zero inbound capacity is an unpayable request, however correct the checksum looks.

    Read the note → · Receive-Only Lightning Is Not a Merchant Stack

  3. What does a sticky LNURL-pay QR actually encode?

    • A permanent payment hash
    • A URL that mints a fresh invoice. The invoice itself stays single-use
    • Your on-chain xpub
    • A BOLT-12 offer
    Answer 3

    A URL that mints a fresh invoice. The invoice itself stays single-use

    BOLT-11 invoices expire and are typically single-use. LNURL-pay's sticky QR encodes a URL that returns a fresh Bech32 invoice, not a permanent payment hash.

    Read the note → · Receive-Only Lightning Is Not a Merchant Stack

Question 1 of 3

What is a BOLT-11 invoice?

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Educational only. Not financial advice.