Rusty Russell [ARCHIVE] on Nostr: 📅 Original date posted:2015-06-23 📝 Original message: Benjamin ...
📅 Original date posted:2015-06-23
📝 Original message:
Benjamin <benjamin.l.cordes at gmail.com> writes:
> Hello,
>
> I find the paper very interesting. There is quite a few things I don't
> understand. In the the paper there are the terms "channel
> counterparty" and "clearinghouse".
Hi! Note the list move...
I described it a while ago in my blog series, culminating here:
http://rusty.ozlabs.org/?p=477> What is exactly the risk to this counterparty and why would it be
> trustless to route through that party?
They can delay the payment until it times out, or force you to flush to
the blockchain (and wait for the timeout).
> How would users of the network find and select those intermediaries?
That's an open question, and one I'm about to start a conversation on
with CJP (author of Amiko pay) on the new list.
Thanks!
Rusty.
Published at
2023-06-09 12:43:27Event JSON
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"content": "📅 Original date posted:2015-06-23\n📝 Original message:\nBenjamin \u003cbenjamin.l.cordes at gmail.com\u003e writes:\n\u003e Hello,\n\u003e\n\u003e I find the paper very interesting. There is quite a few things I don't\n\u003e understand. In the the paper there are the terms \"channel\n\u003e counterparty\" and \"clearinghouse\".\n\nHi! Note the list move...\n\nI described it a while ago in my blog series, culminating here:\n\n http://rusty.ozlabs.org/?p=477\n\n\u003e What is exactly the risk to this counterparty and why would it be\n\u003e trustless to route through that party?\n\nThey can delay the payment until it times out, or force you to flush to\nthe blockchain (and wait for the timeout).\n\n\u003e How would users of the network find and select those intermediaries?\n\nThat's an open question, and one I'm about to start a conversation on\nwith CJP (author of Amiko pay) on the new list.\n\nThanks!\nRusty.",
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