Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id C90E58A7 for ; Sun, 9 Aug 2015 21:27:25 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.7.6 Received: from mail-wi0-f180.google.com (mail-wi0-f180.google.com [209.85.212.180]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 997F4EA for ; Sun, 9 Aug 2015 21:27:24 +0000 (UTC) Received: by wicja10 with SMTP id ja10so16391387wic.1 for ; Sun, 09 Aug 2015 14:27:23 -0700 (PDT) X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=1e100.net; s=20130820; h=x-gm-message-state:mime-version:in-reply-to:references:date :message-id:subject:from:to:cc:content-type; bh=82gUo3WHiczM491bC1LKb7G80/25O6R1uRqzYnPWxlw=; b=RNb7PG94ueoHU91krWA3F5PPvNxoR7ZcuHD0+u8nV0nNih5sqsGahTNKg2IL+t+5M0 vQGQYPpgw9SNFMKbCsaq+jn3Vpfb5namUo+M9pG5F+NNZMY7TSy/cPfUEEdn1zwHQAi6 2ryKCQKpC6dAloNyry590BCR0iTRTwLP23Mb34FH/nbNJnZ9JZxSDa/zpKCM/PVd0U6X M++xXgydBuyeiPJ1wJvCuXVkG9AwW8a7M2QI87AHCaokpHZ2t0RWy06A1cCKkUklCYwd RRLd23OqoHjeYoUNoekifQx9JbgFJmMo8GpKGiLLaCzmzyZO3lvriGWNIlCK4e6xzm7t Lrbg== X-Gm-Message-State: ALoCoQkyf3AqFrsLBbOY279q6fSx8O3ijLnZX0IFJMnhtdrji68RjIYltc8V/t5jfGaVNvIkj/Cl MIME-Version: 1.0 X-Received: by 10.194.109.97 with SMTP id hr1mr37643281wjb.38.1439155643165; Sun, 09 Aug 2015 14:27:23 -0700 (PDT) Received: by 10.28.30.143 with HTTP; Sun, 9 Aug 2015 14:27:22 -0700 (PDT) Received: by 10.28.30.143 with HTTP; Sun, 9 Aug 2015 14:27:22 -0700 (PDT) In-Reply-To: References: <55C79FF0.8040100@thinlink.com> Date: Sun, 9 Aug 2015 14:27:22 -0700 Message-ID: From: Tom Harding To: Mark Friedenbach Content-Type: multipart/alternative; boundary=089e01494b38e34a75051ce78861 X-Spam-Status: No, score=-0.2 required=5.0 tests=BAD_CREDIT,BAYES_00, HTML_MESSAGE,RCVD_IN_DNSWL_LOW autolearn=no version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org Cc: Bitcoin Dev Subject: Re: [bitcoin-dev] What Lightning Is X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Development Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Sun, 09 Aug 2015 21:27:25 -0000 --089e01494b38e34a75051ce78861 Content-Type: text/plain; charset=UTF-8 On Aug 9, 2015 11:54 AM, "Mark Friedenbach" wrote: > On the contrary the funds were advanced by the hub on the creation of the channel. There is no credit involved. That's a chuckle. As I said, nothing requires the hub to advance anything, and if it does, Bob can expect to pay for it. 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. I predict "all of the above." There is a name for these kinds of fees. Can you guess it? --089e01494b38e34a75051ce78861 Content-Type: text/html; charset=UTF-8 Content-Transfer-Encoding: quoted-printable

On Aug 9, 2015 11:54 AM, "Mark Friedenbach" <mark@friedenbach.org> wrote:

> On the contrary the funds were advanced by the hub on t= he creation of the channel. There is no credit involved.

That's a chuckle.=C2=A0

As I said, nothing requires the hub to advance anything, and= if it does, Bob can expect to pay for it.

We'll see whether hubs assess a fee for depositing funds= , whether the fee depends on the amount deposited, and whether it depends o= n the amount of time it stays there.

I predict "all of the above." There is a name for = these kinds of fees.=C2=A0 Can you guess it?

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