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> you have to keep closing channels and re-opening new ones, each of which incurs a new transaction fee just like if you did it yourself. Channel factories wil
by rawtxapp 6y ago
> you have to keep closing channels and re-opening new ones, each of which incurs a new transaction fee just like if you did it yourself.
Channel factories will significantly reduce the need to go to the blockchain to open and close channels.
> if you ever lose power or internet then your channel has to be closed and resolved
This is complete non-sense, your channel lives on as long as you don't close it, if you're concerned about counterparty risk, you can use a watchtower.