From lists at yager.io  Thu Dec 27 12:47:57 2018
From: lists at yager.io (Will Yager)
Date: Thu, 27 Dec 2018 12:47:57 +0000
Subject: [Lightning-dev] An Argument For Single-Asset Lightning Network
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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.


Will



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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.