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From: Adam Back <adam@cypherspace•org>
To: Anthony Towns <aj@erisian•com.au>
Cc: Bitcoin Dev <bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] What Lightning Is
Date: Mon, 10 Aug 2015 22:43:22 +0100	[thread overview]
Message-ID: <CALqxMTEHL-UV1tdvBJDRS2t8xGb=incG3x0UZJ9FZ=+Dk7dN1g@mail.gmail.com> (raw)
In-Reply-To: <20150810211901.GD12450@navy>

In terms of usage I think you'd more imagine a wallet that basically
parks Bitcoins onto channels at all times, so long as they are
routable there is no loss, and the scalability achieved thereby is
strongly advantageous, and there is even the potential for users to
earn fees by having their wallets participate in channel rebalancing
(where hubs pay users to rebalance channels - end up with the same net
position but move funds from one user-owned channel to another.)
Exchange deposit, withdrawal, payments, even in-exchange trades can
usefully happen in lightning for faster, cheaper more scalable
transactions.

Adam


  reply	other threads:[~2015-08-10 21:43 UTC|newest]

Thread overview: 111+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2015-07-30 14:25 [bitcoin-dev] Block size following technological growth Pieter Wuille
2015-07-30 15:04 ` Greg Sanders
2015-07-30 15:12 ` Jorge Timón
2015-07-30 16:23   ` Jameson Lopp
2015-07-30 16:36     ` Bryan Bishop
2015-07-30 16:43       ` Jameson Lopp
2015-07-30 16:36   ` Venzen Khaosan
2015-07-30 17:51     ` Jorge Timón
2015-07-30 18:00       ` Jorge Timón
2015-07-30 16:56   ` Gary Mulder
2015-07-30 17:13     ` Mark Friedenbach
2015-07-30 16:20 ` Gavin Andresen
2015-07-30 16:41   ` Suhas Daftuar
2015-07-30 16:48   ` Adam Back
2015-07-30 16:49   ` Pieter Wuille
2015-07-31 10:16     ` Mike Hearn
2015-07-31 11:43       ` Venzen Khaosan
2015-07-31 11:51       ` Jorge Timón
2015-07-31 12:15         ` Mike Hearn
2015-07-31 13:07           ` Marcel Jamin
2015-07-31 14:33           ` Jorge Timón
2015-07-31 14:58             ` Mike Hearn
2015-07-31 15:28               ` Venzen Khaosan
2015-07-31 20:09               ` Elliot Olds
2015-08-04 10:35               ` Jorge Timón
2015-08-04 11:04                 ` Hector Chu
2015-08-04 11:27                   ` Pieter Wuille
2015-08-04 11:34                     ` Hector Chu
2015-08-04 12:10                       ` Venzen Khaosan
2015-08-04 13:13                       ` Jorge Timón
2015-08-04 13:28                         ` Hector Chu
2015-08-04 13:42                           ` Venzen Khaosan
2015-08-04 17:59                           ` Jorge Timón
2015-08-04 13:12                     ` Gavin Andresen
2015-08-04 13:54                       ` Pieter Wuille
2015-08-04 14:30                       ` Venzen Khaosan
2015-08-04 14:43                         ` [bitcoin-dev] Fwd: " Venzen Khaosan
2015-08-04 14:45                       ` [bitcoin-dev] " Alex Morcos
2015-08-05  8:14                       ` Gareth Williams
2015-08-04 11:59                   ` Jorge Timón
2015-08-04 12:19                     ` Hector Chu
2015-08-04 13:34                       ` Venzen Khaosan
2015-08-04 13:37                       ` Jorge Timón
2015-08-05  7:29                     ` Elliot Olds
2015-08-06  1:26                       ` Jorge Timón
2015-08-06 13:40                         ` Gavin Andresen
2015-08-06 14:06                           ` Pieter Wuille
2015-08-06 14:21                             ` Gavin Andresen
2015-08-06 14:53                               ` Pieter Wuille
     [not found]                                 ` <CABsx9T0B2bZrFHxYR_QNwBmxskQx31zt=QE5BJAYjcOo7wbo3A@mail.gmail.com>
2015-08-06 15:24                                   ` [bitcoin-dev] Fwd: " Gavin Andresen
2015-08-06 15:26                                     ` Pieter Wuille
2015-08-06 18:43                                       ` Michael Naber
2015-08-06 18:52                                         ` Pieter Wuille
2015-08-07 16:06                                           ` Thomas Zander
2015-08-07 16:30                                             ` Pieter Wuille
2015-08-07 17:00                                               ` Thomas Zander
2015-08-07 17:09                                                 ` Pieter Wuille
2015-08-07 21:35                                                   ` Thomas Zander
2015-08-07 22:53                                                     ` Adam Back
2015-08-08 16:54                                                       ` Dave Scotese
2015-08-07 17:50                                               ` Gavin Andresen
2015-08-07 18:05                                                 ` Jameson Lopp
2015-08-07 18:10                                                 ` Pieter Wuille
2015-08-07 21:43                                                   ` Thomas Zander
2015-08-07 22:00                                                   ` Thomas Zander
2015-08-06 16:19                                 ` [bitcoin-dev] " Tom Harding
2015-08-06 21:56                               ` Peter Todd
2015-08-06 15:25                           ` Jorge Timón
2015-08-06 16:03                             ` Gavin Andresen
2015-08-06 16:11                               ` Mike Hearn
2015-08-06 17:15                               ` Jorge Timón
2015-08-06 19:42                                 ` Gavin Andresen
2015-08-06 20:01                                   ` Pieter Wuille
2015-08-06 21:51                                   ` Jorge Timón
2015-08-06 23:09                         ` Elliot Olds
2015-08-10 19:28                           ` Jorge Timón
2015-08-11  5:48                             ` Elliot Olds
2015-08-09 18:46                   ` [bitcoin-dev] What Lightning Is Tom Harding
2015-08-09 18:54                     ` Mark Friedenbach
2015-08-09 20:14                       ` Hector Chu
     [not found]                         ` <CAOG=w-s9KsaPwveSpgdvsVTWUDV77YY7Em7NZGyxSQMMCccYSg@mail.gmail.com>
2015-08-09 20:48                           ` Hector Chu
2015-08-10  4:48                             ` Joseph Poon
2015-08-10 17:03                         ` odinn
2015-08-10 17:14                           ` Pieter Wuille
2015-08-10 17:45                             ` odinn
2015-08-09 21:27                       ` Tom Harding
2015-08-09 21:40                         ` Chris Pacia
2015-08-09 21:45                         ` Hector Chu
2015-08-09 21:57                           ` Patrick Strateman
2015-08-09 22:03                             ` Hector Chu
2015-08-09 22:36                               ` Patrick Strateman
2015-08-10  1:52                           ` Tom Harding
2015-08-10  3:31                             ` Patrick Strateman
2015-08-09 22:06                         ` Patrick Strateman
2015-08-09 22:09                           ` Hector Chu
2015-08-09 22:27                             ` Patrick Strateman
2015-08-09 22:30                               ` Hector Chu
2015-08-09 22:44                             ` Gavin Andresen
2015-08-09 22:51                               ` Btc Drak
2015-08-10  8:27                                 ` Thomas Zander
2015-08-10  8:36                                   ` Patrick Strateman
2015-08-10  4:39                               ` Joseph Poon
2015-08-10 21:02                               ` Anthony Towns
2015-08-10 21:19                                 ` Anthony Towns
2015-08-10 21:43                                   ` Adam Back [this message]
2015-08-11  9:01                                     ` Hector Chu
2015-08-11 17:17                                       ` Simon Liu
2015-07-31 14:52           ` [bitcoin-dev] Block size following technological growth Bryan Bishop
2015-07-30 17:46   ` Jorge Timón
2015-08-02 22:35   ` Anthony Towns
2015-07-30 20:20 ` Thomas Zander

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