wolfbearclaw on Nostr: Lightning is based on a 2 of 2 multisig between channel partners. No one does final ...
Lightning is based on a 2 of 2 multisig between channel partners.
No one does final settlement on a cup of coffee that scales over the Internet and across the world.
I don’t think we need a chain for micropayments. The sats are there underwritten by the multisig and the incentives for both channel partners to stay honest (they lose sats).
Published at
2023-01-15 18:23:57Event JSON
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"content": "Lightning is based on a 2 of 2 multisig between channel partners. \n\nNo one does final settlement on a cup of coffee that scales over the Internet and across the world. \n\nI don’t think we need a chain for micropayments. The sats are there underwritten by the multisig and the incentives for both channel partners to stay honest (they lose sats).",
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