[Lightning-dev] An Argument For Single-Asset Lightning Network
lists at yager.io
Thu Dec 27 12:47:57 UTC 2018
Very good point.
Two possible responses come to mind.
1. Cross-asset brokers charge a standard option premium to perform the brokerage. I can't tell if you think this is totally broken or if it's just sad. I don't understand lightning well enough to figure that out on my own - could you expand more on what effects this would have?
2. Cross-asset brokers require counterparties to issue them a symmetric but slightly more out-of-the-money call, which they can redeem in the event of a large FX swing. This bounds their FX losses.
‐‐‐‐‐‐‐ Original Message ‐‐‐‐‐‐‐
On Thursday, December 27, 2018 1:43 PM, ZmnSCPxj via Lightning-dev <lightning-dev at lists.linuxfoundation.org> wrote:
> HTLCs allow creation of American Call Options.
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