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From: Hector Chu <hectorchu@gmail.com>
To: Patrick Strateman <patrick.strateman@gmail.com>
Cc: Bitcoin Dev <bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] What Lightning Is
Date: Sun, 9 Aug 2015 23:30:08 +0100	[thread overview]
Message-ID: <CAAO2FKEfaXrSPzVG7fWNSiqZY-00ABm4oeX50syCwNtXny3STg@mail.gmail.com> (raw)
In-Reply-To: <55C7D3B4.90004@gmail.com>

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Sorry about that Patrick. Gmail hides previous messages including sender
names. Regardless, no worries.

On 9 August 2015 at 23:27, Patrick Strateman via bitcoin-dev <
bitcoin-dev@lists.linuxfoundation.org> wrote:

> 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> 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" <mark@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 listbitcoin-dev@lists.linuxfoundation.orghttps://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>>
>>
>>
>> _______________________________________________
>> bitcoin-dev mailing list
>> 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
>
>

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  reply	other threads:[~2015-08-09 22:30 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 [this message]
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
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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