<div dir="ltr">Right, you've stated a bunch of facts, but how does it answer my concerns of the exploding cost of the network the more interconnected it it?</div><div class="gmail_extra"><br><div class="gmail_quote">On 9 August 2015 at 23:06, Patrick Strateman via bitcoin-dev <span dir="ltr"><<a href="mailto:bitcoin-dev@lists.linuxfoundation.org" target="_blank">bitcoin-dev@lists.linuxfoundation.org</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
<div bgcolor="#FFFFFF" text="#000000">
I suspect there is some amount of confusion here on terms.<br>
<br>
The hub is essentially swapping funds between payment channels.<br>
<br>
The hub's entire business is centered around having payment channels
open with other hubs/users.<br>
<br>
If the hub requires user funds to open these channels... then the
users have no reason to pay the hub anything in fees.<br>
<br>
A hub that doesn't use it's own funds to open payment channels to
other hubs/merchants is useless.<div><div class="h5"><br>
<br>
<div>On 08/09/2015 02:27 PM, Tom Harding via
bitcoin-dev wrote:<br>
</div>
</div></div><blockquote type="cite"><div><div class="h5">
<p dir="ltr">On Aug 9, 2015 11:54 AM, "Mark Friedenbach" <<a href="mailto:mark@friedenbach.org" target="_blank">mark@friedenbach.org</a>>
wrote:</p>
<p dir="ltr">> On the contrary the funds were advanced by the
hub on the creation of the channel. There is no credit involved.<br>
</p>
<p dir="ltr">That's a chuckle. </p>
<p dir="ltr">As I said, nothing requires the hub to advance
anything, and if it does, Bob can expect to pay for it.</p>
<p dir="ltr">We'll see whether hubs assess a fee for depositing
funds, whether the fee depends on the amount deposited, and
whether it depends on the amount of time it stays there.</p>
<p dir="ltr">I predict "all of the above." There is a name for
these kinds of fees. Can you guess it?<br>
</p>
<br>
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