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The difference is that becoming a larger channel is not gatekept by regulation, and not at all necessary. Creating small channels between two parties, e.g. for
by Ferret7446 1y ago
The difference is that becoming a larger channel is not gatekept by regulation, and not at all necessary. Creating small channels between two parties, e.g. for subscriptions, is viable. Though not as convenient, it is at least more convenient than getting blacklisted by Visa.
- yieldcrv 1y agoyes, but this circumvents the egalitarian nature lighting channels are expensive to open and close as it stands, there already isn't enough block space for “mass adoption” users to all have their own single lightning channel let alone several lightning in its ultimate form will always be a hosted solution and those with the acumen and willingness to pay to open and close channels (or perhaps use the L1 bitcoin) will be a separate class of people