Re:Show HN: Web3Torrent – Adding Ethereum Micropayments to W...
by tmcls on Monday June 22, 2020 @01:53PM
(#23603361)
The funds you deposit at the beginning can be used to pay multiple seeders. You have one "ledger channel", funded by that on-chain deposit, which is being used to open a "virtual channel" for each seeder you connect to.
There's a bit more about it in this post: https://blog.statechannels.org/channels-funding-channels/.