ZEUS on Nostr: Nice set-up we've got going with our #1 POS merchant: 1. Business does well. ...
Nice set-up we've got going with our #1 POS merchant:
1. Business does well. Customers deplete our channel and balance goes almost entirely to the merchant's side
2. Merchant pays us on LN and pushes that balance to our side of the channel
3. We pay the merchant out on-chain to their cold storage
Now the merchant can keep accepting LN payments, have their earnings safely in cold storage AND we don't have to open a new channel to them; we can keep using the existing one.
⚡🔁⛓️
1. Business does well. Customers deplete our channel and balance goes almost entirely to the merchant's side
2. Merchant pays us on LN and pushes that balance to our side of the channel
3. We pay the merchant out on-chain to their cold storage
Now the merchant can keep accepting LN payments, have their earnings safely in cold storage AND we don't have to open a new channel to them; we can keep using the existing one.
⚡🔁⛓️