What are papersats?

A pice of paper that carry Bitcoin on the Lightning Network for offline payment with a tap. It stores all the information on QR code and NFC Tag stickers that's needed to manage. Its a digital wallet with an analog backup.

Cash is dirty, heavy and hard to settle up. With papersats cash gets superfluous when it comes to local micropayment.

Evolution of payment

An active developed open-source stack is used to bring Bitcoin Lightning payment to the crowd.

A Peer-to-Peer Electronic Cash System.

Bitcoin Blockchain

Whitepaper
October 31, 2008

Scalable Off-Chain Instant Payments. A Network of Micropayment Channels Solve Scalability.

Lightning Network

Whitepaper
January 14, 2016

Build your own Lightning & Bitcoin Fullnode on a RaspberryPi with a nice Display.

Raspiblitz Distribution

github.com
2018

LNbits is a very simple Python server that sits on top of an lightning-network funding source.

LNbits Wallet account system

lnbits.com
2020

The Bolt Card is a physical card that allows users to access the popular tap-to-pay function we see today with modern debit and credit cards.

Boltcard NFC Payment

boltcard.org
2022

There are many gears working together now to bring a simple payment solution for providers and users.

Mass adoption is in progress ...

2022