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replied 1650d
x2dm
While I agree with you that payment channels have their uses, the LN incentive (PoS) model is inherently broken.
x2dm
replied 1650d
Incentive for what? For providing liquidity? Liquidity in payment channel networks is a non-issue. It only seems like a problem because the BTC people tried to use LN for txs of >$10.
replied 1650d
Yes.
Well, you're right about that I suppose. By the way, I think BCHD and Electron guys where actually working something.
x2dm
replied 1650d
Incentive for preventing channel theft? Almost irrelevant, assuming that being an LN hub is a repeat game, and every channel never holds more than a few cents.