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Sounds like a good opportunity for a hub to connect micropayments merchants and consumers. Consumers can open a $10 channel, merchants open larger channels base
by thinkmassive 6y ago
Sounds like a good opportunity for a hub to connect micropayments merchants and consumers. Consumers can open a $10 channel, merchants open larger channels based on volume, and the hub provides rebalancing services for a tiny fee.
- ChainOfFools 6y agowell sure, why not. this decentralization thing is mostly a fiction anyway, might as well re-centralize our superficially p2p money network back into a p2h2p model, since that actually works.
- CodeShmode 6y agoThe handy thing about LN is that we can have that model without having to trust the hub in the middle. If there's a disagreement of the state of the funds in the channel it falls back to regular bitcoin transactions to resolve it. If such a hub does this too much then they'll have trouble getting others to commit funds to a channel to them.