📅 Original date posted:2015-08-09 📝 Original message:That was not in reply to ...

Patrick Strateman [ARCHIVE] /

npub1l3u…9pvv

2023-06-07 15:45:19

in reply to nevent1q…890h

📅 Original date posted:2015-08-09
📝 Original message:That was not in reply to you.

On 08/09/2015 03:09 PM, Hector Chu wrote:
> Right, you've stated a bunch of facts, but how does it answer my
> concerns of the exploding cost of the network the more interconnected
> it it?
>
> On 9 August 2015 at 23:06, Patrick Strateman via bitcoin-dev
> <bitcoin-dev at lists.linuxfoundation.org
> <mailto:bitcoin-dev at lists.linuxfoundation.org>> wrote:
>
> I suspect there is some amount of confusion here on terms.
>
> The hub is essentially swapping funds between payment channels.
>
> The hub's entire business is centered around having payment
> channels open with other hubs/users.
>
> If the hub requires user funds to open these channels... then the
> users have no reason to pay the hub anything in fees.
>
> A hub that doesn't use it's own funds to open payment channels to
> other hubs/merchants is useless.
>
>
> On 08/09/2015 02:27 PM, Tom Harding via bitcoin-dev wrote:
>>
>> On Aug 9, 2015 11:54 AM, "Mark Friedenbach" <mark at friedenbach.org
>> <mailto:mark at friedenbach.org>> wrote:
>>
>> > On the contrary the funds were advanced by the hub on the
>> creation of the channel. There is no credit involved.
>>
>> That's a chuckle.
>>
>> As I said, nothing requires the hub to advance anything, and if
>> it does, Bob can expect to pay for it.
>>
>> We'll see whether hubs assess a fee for depositing funds, whether
>> the fee depends on the amount deposited, and whether it depends
>> on the amount of time it stays there.
>>
>> I predict "all of the above." There is a name for these kinds of
>> fees. Can you guess it?
>>
>>
>>
>> _______________________________________________
>> bitcoin-dev mailing list
>> bitcoin-dev at lists.linuxfoundation.org <mailto:bitcoin-dev at lists.linuxfoundation.org>
>> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev at lists.linuxfoundation.org
> <mailto:bitcoin-dev at lists.linuxfoundation.org>
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
>

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npub1l3uf9m4yw2y7x8wyjeswhelsqyy8ql4jaca4nyy6en0s474yadssg69pvv

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2023-06-07 15:45:19

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