I am trying to learn if there is a way in BTC to raise an invoice from a friend like in Paypal just by using a public address on the BTC wallet. I have checked the API is all leading exchanges, and none provide a handshake mechanism for "invoicing" another account, so was wondering if there's any other way.
For example: If Jack owed 100 sats to Bob, is there a way for Bob to raise an invoice to Jack, which Jack can then approve and fulfill the invoice? (given that Bob knows the public address of Jack's wallet) Is it possible to achieve this? How does it work if Jack's wallet is on any of the exchanges vs the offline wallet?
I'm new to this and trying to learn, so Thank you in advance for your patience and help. I really appreciate it.
Best.
Apologies for not mentioning this before: I'm interested in learning about the lightning-based solution and how can one scale it especially when Bob is a vendor who accepts BTC.
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