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Miners only register a transfer of value and validate it against their perspective of the current ledger. Transfer routed through a lightning channel involves e
by AlexCoventry 9y ago
Miners only register a transfer of value and validate it against their perspective of the current ledger. Transfer routed through a lightning channel involves explicit exchange of funds between intermediaries.
- keymone 9y agothis is not entirely correct. in A -> B -> C payment at no point does B hold A's money with a promise to pay it forward to C.
- AlexCoventry 9y agoB's balance with A and C fluctuate during the transfer, though, and that is enough to at least make it look like a money-transmitter relationship. The onion routing is very unfortunate, because it means regulators are likely to treat the network as a blatant money-laundering tool.