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@lists.linuxfoundation.org > <mailto:bitcoin-dev@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" <m...@friedenbach.org >> <mailto:m...@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@lists.linuxfoundation.org >> <mailto:bitcoin-dev@lists.linuxfoundation.org> >> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev > > > _______________________________________________ > bitcoin-dev mailing list > bitcoin-dev@lists.linuxfoundation.org > <mailto:bitcoin-dev@lists.linuxfoundation.org> > https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev > >
_______________________________________________ bitcoin-dev mailing list bitcoin-dev@lists.linuxfoundation.org https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
