8 upvotes, 2 direct replies (showing 2)
View submission: ⚡ Lightning Network Megathread ⚡
Considering that most part of the transactions are not between 2 individuals, but between random peers, LN has a really narrow use case, which has 2 heavy constraints - two peers do need to have a lot of transactions between each other and they need to have funds which they agree to exclude from their daily cash flow to keep in their channel. That is a really really narrow usecase...
Comment by Godspiral at 12/01/2018 at 19:16 UTC
3 upvotes, 0 direct replies
OP did a good job in expanding the visible use cases. IIUC, you can open a chanel with a gateway with a "LN balance" that lets you transact with the gateway's connections (LN world ideally), and no real reason/way for the gateway to steal your funds.
Comment by corkedfox at 12/01/2018 at 20:47 UTC
0 upvotes, 2 direct replies
You connect to a central hub and all transactions go through it.