Hi,
I am building merchant app and consumer wallet app using
https://bitcoinj.github.io APIs for wallet creation. Now I want to use LN
built by your team. I am looking at this API
https://github.com/ElementsProject/lightning-charge
and have few questions:
* Do i need to run bitcoin core node?
*
Although lightning and cryptocurrency is new, the idea of a distribution
network created from links with negotiated fees and with limited
unidirectional capacity that can be corrected via rebalancing, is not new.
In fact there are several very large and mature markets around the world
that we can s
Mark Friedenbach writes:
> It is not the case that all instances where you might have negative
> fees would have loops.
If we don't have a cycle we can hardly talk about rebalancing
channels. At that point you're paying for someone else's payment to go
through your channel, and I'm unclear what
> benefit. Use of MUST (in RFC 2119 sense) invites lazy thought in the protocol
> design itself, where details need not be sold as beneficial to individuals. We
> should say, there is no RFC
> 2119 MUST - there is only self interest.
I think you are misreading the intent behind RFC2119 a bit... T
> You impose this 25 channels per peer. I start opening a channel to
> you. Because I did not check mempool or because my fee-estimation algo is
> bad, I pay too low a fee. I become impatient and bump it up, which you
> perceive as another open (so it is now 2/25 channels).
It seems, to
