From mboxrd@z Thu Jan 1 00:00:00 1970 Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id 2E9EC7F for ; Mon, 10 Aug 2015 08:36:52 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.7.6 Received: from mail-pa0-f47.google.com (mail-pa0-f47.google.com [209.85.220.47]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 3279B7D for ; Mon, 10 Aug 2015 08:36:51 +0000 (UTC) Received: by pawu10 with SMTP id u10so135620498paw.1 for ; Mon, 10 Aug 2015 01:36:51 -0700 (PDT) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=20120113; h=message-id:disposition-notification-to:date:from:user-agent :mime-version:to:subject:references:in-reply-to:content-type :content-transfer-encoding; bh=lxkoswAT7UKC4H4ObSRv1q40Zb4dF3FBdK3ky1B/NSM=; b=sRp7SkLTJ8r4X+GG3UFyXpSF5/hvncmw3SfaBMNjGrL1Inbe/D+838Ktd9rfkehlAs 0JlzKoaArQQXQS7Z0g7KXyvXwP6bJHA6hLbS6B0P3IyAoiJRQMKpK4OOM1PBTtMuPiSN GF+tYvG73GUahsvscIeCg5g2SvZcRCsbLdmajLE15VX5deFcPkUBwbwHYykh+MfgPYa3 iTw9keqOrN0ktRAvjPgMdnE0cCq4Vik1T1DOCaGk3uHQcBGt7aTBvehSEYSOjZZfqKAq yoV1J9e3xPK2gcS+ihYXZl1wzDkKiNwXRb9lvnGgcyJzr9RzP4f09LtTR5NSbjOiAEUT UvcA== X-Received: by 10.68.231.5 with SMTP id tc5mr22662587pbc.54.1439195810917; Mon, 10 Aug 2015 01:36:50 -0700 (PDT) Received: from [10.45.134.110] (c-67-188-9-126.hsd1.ca.comcast.net. [67.188.9.126]) by smtp.googlemail.com with ESMTPSA id z8sm11158822pas.42.2015.08.10.01.36.50 for (version=TLSv1.2 cipher=ECDHE-RSA-AES128-GCM-SHA256 bits=128/128); Mon, 10 Aug 2015 01:36:50 -0700 (PDT) Message-ID: <55C862A1.8030007@gmail.com> Date: Mon, 10 Aug 2015 01:36:49 -0700 From: Patrick Strateman User-Agent: Mozilla/5.0 (X11; Linux x86_64; rv:31.0) Gecko/20100101 Icedove/31.8.0 MIME-Version: 1.0 To: bitcoin-dev@lists.linuxfoundation.org References: <4010040.Hquya5FF38@coldstorage> In-Reply-To: <4010040.Hquya5FF38@coldstorage> Content-Type: text/plain; charset=windows-1252 Content-Transfer-Encoding: 7bit X-Spam-Status: No, score=-2.7 required=5.0 tests=BAYES_00,DKIM_SIGNED, DKIM_VALID, DKIM_VALID_AU, FREEMAIL_FROM, RCVD_IN_DNSWL_LOW autolearn=ham version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org Subject: Re: [bitcoin-dev] What Lightning Is X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Development Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Mon, 10 Aug 2015 08:36:52 -0000 If a path cannot be built to the recipient through the lightning network then a standard transaction should be used. On 08/10/2015 01:27 AM, Thomas Zander via bitcoin-dev wrote: > On Sunday 9. August 2015 23.51.50 Btc Drak via bitcoin-dev wrote: >> I thought it's worth mentioning there is a specific Lightning Network >> development mailing list at >> http://lists.linuxfoundation.org/mailman/listinfo/lightning-dev and already >> some pretty interesting explanations in the archives. > While that is interesting, and I'll surely check it out, I think this list > should get a good idea of what the limitations are. > > Where does it NOT make sense to use LN, where would it be better to put the > transaction directly on the blockchain? > > This is what I'd like to know. > > Gavins usecase is useful, I'm also wondering about remittances and allowing > international payments and global economy (company in Nairobi buys stock from > company in Spain).