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07:46 < Eliel> I've been thinking about N-way (where N > 2) channels. I think it might be possible to construct, with a soft fork, an N-way channel using schnorr signatures where any 2 participants can move balances between each other without a need for all of the other N-2 participants to authorize the change.
07:46 < Eliel> Has anyone been working on something like this yet?
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08:51 < aj> Eliel: i thought about it, but i didn't see how you could have that and allow the remaining N-2 people to still be able to unilaterally close their channels
09:00 < Eliel> Perhaps it could be structured in some way that allows different outputs of the transaction to be committed at different times, each commit then effectively reducing it down to (N-1)-way channel.
09:00 < Eliel> ... well, this sounds like it'd require hard fork though.
09:01 < Eliel> but if this could be supported, I think it might allow pretty flexible sharding of the blockchain.
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18:04 < aj> Eliel_: the nice thing about it is that instead of having to commit $X with A and $Y with B, and rebalancing the channel if you get X vs Y wrong; you could commit $(X+Y) to A+B and not worry about how it ends up balancing out. much easier to get accurate statistical models of groups than individuals
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18:16 < Eliel_> aj: yes, it takes a lot of the guesswork out of it.
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