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Re:Steam is no longer supporting Bitcoin by phaser on Wednesday December 06, 2017 @04:12PM (#15865064)
I agree that Payment Channels is a good step forward but there's the hard limit on how many channels can be open. I'm confident that there will be proposals similar to Poon et al. [1] to create a third layer for networks of payment channels where a Blockchain tx can be used only in case of uncooperative channel counterparties.

[1] https://www.tik.ee.ethz.ch/file/a20a865ce40d40c8f942cf206a7c...

Re:Steam is no longer supporting Bitcoin by runeks on Thursday December 07, 2017 @02:19PM (#15873086)
I’ve read that paper, and I don’t quite understand how it would work when you need multiple clients to cooperate for a single client to make a payment. I.e. if the funds of 100 clients is at some multi-sig address, you’d save blockchain space, but payment from any of these 100 clients would require simultaneous cooperation from the remaining 99 clients. I have a hard time seeing how this would work in practice.