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why can’t it be that the entity paying my wage opens the channel, allowing me to withdraw the $1500 ? (does the normal transaction fee apply if I want to withd
by jazzyjackson 5y ago
why can’t it be that the entity paying my wage opens the channel, allowing me to withdraw the $1500 ?
(does the normal transaction fee apply if I want to withdraw from the payment channel?)
is it really the case that a channel can only handle a maximum balance equal to its opening balance?
sounds positively useless, so i’m confused by the hype if this is really the case
- poetically 5y agoI guess they can but the point is that cryptocurrencies have had 15+ years to develop some useful application and they have nothing to show for it.
- kordlessagain 5y agoThat’s because the killer use case has yet to manifest. Looking at you, AI.
- poetically 5y agoFunction approximation was always useful (e.g. autopilots, speech recognition, compression, etc.), the question was what one could do with such a trick when it was scaled up. What is the analog for cryptocurrencies? What is the underlying technology in cryptocurrencies that can be scaled up to make them useful like with function approximation?
- jazzyjackson 5y agoare you being sarcastic? I can’t tell
- jazzyjackson 5y agowell, that entirely depends on whether lightning channels work the way they are descibes by the article, because getting paid without dealing with cc/bank fees is a very useful application
- poetically 5y agoI've never had to deal with bank fees when getting paid.