On Monday 10. August 2015 07.57.30 Rune K. Svendsen via bitcoin-dev wrote: > What Lightning does is raise the value of a transaction on the block chain. > Imagine you're a Lightning node, and in order to collect your fees, that > you've earned over the past month, you have to settle on the blockchain. If > you've earned, say, 0.5 BTC in fees, you can attach a huge 0.005 BTC fee to > the Bitcoin settlement transaction. The miners earn a larger fee, and you > make sure your transaction gets into the blockchain quickly, and you can > afford to pay this fee because you've made much more on the Lightning > transactions you've routed.
I don't buy that argument, you are saying a company will give away profits because of... what? It can? The reason of it being faster makes no sense, as your example the channel has been open for a month then he really doesn't care it takes 1, 10 or 50 blocks before his transaction is included. What is 5 hours wait on a month of profit? -- Thomas Zander _______________________________________________ bitcoin-dev mailing list [email protected] https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
