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tmcls

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/.

[Member of the statechannels.org team here.]

Not directly. State channels are similar to lightning, but there's a key difference:

* in lightning each payment is routed through the network independently, requiring participation from the intermediary nodes

* in a state channel the intermediary nodes are used to establish a channel and then the payments are direct

The upshot is that in state channels, once the connection is established, the payments are truly peer-to-peer, and don't need any interaction with a third party.

We use this property in Web3Torrent, as the payments are sent directly peer-to-peer on top of the webtorrent messaging layer. This wouldn't be possible with lightning, though you could probably find another way to accomplish something similar.

Re:Our weekend hack on GoCardless - HipBucket on Monday April 02, 2012 @01:04PM (#3789049)
Would "HipBucket - online payments inspired by Doodle" be better?
Re:Our weekend hack on GoCardless - HipBucket on Monday April 02, 2012 @09:50AM (#3788057)
Thanks for the heads up. Didn't get round to thinking about validation over the weekend. Will take a look this evening.
Re:Our weekend hack on GoCardless - HipBucket on Monday April 02, 2012 @09:28AM (#3787957)
Hmm.. it's still working for me.

Were you trying to access www.hipbucket.com or hipbucket.com? The former doesn't work.