Denis Gorbachev [ARCHIVE] on Nostr: 📅 Original date posted:2015-12-24 📝 Original message: Hi John, You've brought ...

📅 Original date posted:2015-12-24
📝 Original message:
Hi John,

You've brought up a *very* important topic.

If we could lower the capital requirement, we'd lower the barrier for
people wishing to run a Lightning Network node.

Here are some thoughts:

- The trust-based system you're proposing looks like a
fractional-reserve banking system.
- Such fractional-reserve hubs will provide lower transaction fees
(because of lower capital requirements) — so the idea is worth pursuing.
- I have the same feeling that it should be possible to design a
proof-of-solvency.

If we could design a proof-of-solvency, we could replace the existing
fractional-reserve system. This is kind of a big deal.

So let's connect on Skype (I'll send a personal email). Anybody wants to
join the discussion?

P.S. Your writing style is very accessible - keep it up.

--
@DenGorbachev <https://twitter.com/DenGorbachev>;
--
@DenGorbachev <https://twitter.com/DenGorbachev>;
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