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RE: What are Lightning Networks - Writeup

in #bitcoin7 years ago

I heard in a talk that the LN could be set up such that you can extend the life of a payment channel avoiding paying a settlement fee. The channels could be up for weeks, months or even years. The price of bitcoin should increase with the halving such that the miners can depend on the block rewards. You make some good points but I think these issues are not that big and will be ironed out over time.

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