News for hackers. Stuff that matters.
Re:BitPay Will Process Payments on Multiple Blockchains, Sta... by nextstep on Saturday December 16, 2017 @02:24AM (#15938313)
If John wants to pay Sally, but the cheap/practical way is to use the existing path of channels through Bob and Carol and whatever, then it’s not peer-to-peer anymore! I don’t get why this fundamental architecture change is so appealing to some people.
Re:BitPay Will Process Payments on Multiple Blockchains, Sta... by pmorici on Saturday December 16, 2017 @03:42AM (#15938526)
Because Bob and Carol will make money by routing the transactions. They will effectively be banks.
Re:BitPay Will Process Payments on Multiple Blockchains, Sta... by Frogolocalypse on Saturday December 16, 2017 @03:18AM (#15938469)
Because you don't understand it. Do you think about the connections between your computer and the server you are reading this page from?