flywithu/Learning-Bitcoin-from-the-Command-Line
1
1
Fork 0
mirror of https://github.com/ChristopherA/Learning-Bitcoin-from-the-Command-Line.git synced 2025-06-07 16:06:26 +00:00
Code Issues Releases Wiki Activity

Update 19_1_Generate_a_Payment_Request.md

Browse Source
This commit is contained in:
Javier Vargas 2020-09-14 14:23:44 +02:00 committed by GitHub
parent 2ea77bb500
commit 77b2dbdc00
No known key found for this signature in database
GPG Key ID: 4AEE18F83AFDEB23
1 changed files with 22 additions and 2 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

24
19_1_Generate_a_Payment_Request.md
View File

@ -10,12 +10,19 @@ For this example we've created a second lightning node using LND implementation
Almost all payments made on the Lightning Network require an invoice, which is nothing more than a **request for payment** made by the recipient of the money and sent by different means to the user who will pay. The format for a Lightning invoice uses bech32 encoding, which is already used for Bitcoin Segregated Witness and all payment requests are single use.
An invoice is made up of two parts, one is human readable and other is
An invoice is made up of two parts, one is human readable and other is data part.
- Human readable part: `ln` + (`lnbc` for Bitcoin mainnet, `lntb` for Bitcoin testnet, and `lnbcrt` for Bitcoin regtest) + data amount
- Data part : UNIX Timestamp + tagged parts include a payment hash, the pubkey of the payee node, an optional description of the payment, an expiration time, and some extra routing information.
1. Destination: The public key of the person receiving the LN payment.
2. payment_hash: The hash of the preimage that is used to lock the payment. You can only redeem a locked payment with the corresponding preimage to the payment hash. This enables routing on the Lightning Network without trusted third parties creating a conditional payment to be filled.
3. num_satoshis: The amount of satoshis to be paid.
4. expiry: Time when your node marks the invoice as invalid. Default is 1 hour or 3600 seconds.
5. timestamp: Time when the invoice was created. This is measured in seconds since 1970.
6. cltv_expiry: Delta to use for time-lock of CLTV extended to the final hop.
> :book: ***Conditional payments.
As we said in Setting a channel chapter and although the channels are created between two participants, the channels can be connected to each other forming a payment network to allow payments between all the network participants without having a direct channel between them using an smart contract called **Hashed Time Locked Contract**.
@ -105,7 +112,20 @@ lnd$ lncli -n testnet getinfo
### Generate a Payment request.
Now you can create a payment request using `lnd$lncli -n testnet addinvoice` command. You can use --amt argument to indicate amount to be payed and add a description using --memo argument.
To create a new invoice on c-lightning you should use invoice `lightning-cli --network=testnet invoice` command.
It receives amount expresed on milisatoshis and description invoices texts.
```
c$ lightning-cli --network=testnet invoice 100000 test22 test22
{
"payment_hash": "743487bca87bb39a8f07314864e80d02f7686d97693ada32c69ee3a5e06132f7",
"expires_at": 1600684714,
"bolt11": "lntb1u1p047jp2pp5ws6g009g0wee4rc8x9yxf6qdqtmksmvhdyad5vkxnm36tcrpxtmsdq2w3jhxapjxgxqyjw5qcqp2sp5s3pyvvknhnaej6ukssvxlwc4sdqpcc2prrwue8jreke587ms68qq9qy9qsqhf5uhxk0mfw3sl87ukx8e5d757pkla6zlyu07p0wc666juzm5unhlaxeqmnl8f7v7vs3wz2thme9szs3f7whzr9uewz0kexqkl9jxgsq5r752l",
"warning_offline": "No channel with a peer that is currently connected has sufficient incoming capacity"
}
```
For this example we'll create a payment request using `lnd$lncli -n testnet addinvoice` command. You can use --amt argument to indicate amount to be payed and add a description using --memo argument.
```
lnd$ lncli -n testnet addinvoice --amt 100000 --memo "First LN Payment - Learning Bitcoin and Lightning from the Command line."