31 Aug '17, 1pm

Creator of World's First Bitcoin Fuel Pump Plans Lightning Support

The creator of the first ever commercial fuel pump to accept bitcoin has revealed a plan to add Lightning Network functionality to his design. The original machine, designed and built by Andy Schroder in 2014, allows users to scan a QR code and send bitcoin instead of more traditional means of payment. Schroder now wants to adapt his design to incorporate the Lightning's off-chain payments, he announced on the Lightning-dev mailing list yesterday . However, Schroder pointed out some issues he has with Lightning – which he hopes will provide "real-time micropayments" – including that its invoice protocol BOLT 11 does not appear to accommodate refunds. Refunds are a necessity for the bitcoin fuel dispenser, because it runs on a fixed prepayment, and immediately returns any unused credit at the end of sale, he said. Schroder is currently using bitcoin improvement protocol (BI...

Full article: https://www.coindesk.com/creator-of-worlds-first-bitcoin-...

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