Why Nostr? What is Njump?
2023-06-09 14:52:19
in reply to

Anthony Towns [ARCHIVE] on Nostr: 📅 Original date posted:2018-11-08 📝 Original message: On Wed, Nov 07, 2018 at ...

📅 Original date posted:2018-11-08
📝 Original message:
On Wed, Nov 07, 2018 at 06:40:13PM -0800, Jim Posen wrote:
> can simply close the channel. So if I'm charging for liquidity, I'd actually
> want to charge for the amount (in mSAT/BTC) times time.

So perhaps you could make a market here by establishing a channel saying
that

"I'll pay 32 msat per 500 satoshi per hour for the first 3 days"

When you open the channel with 500,000 satoshi donated by the other guy,
you're then obliged to transfer 32 satoshi every hour to the other guy
for three days (so a total of 14c or so).

If the channel fails beforehand, they don't get paid; if you stop
paying you can still theoretically do a mutual close.

Maybe a complicated addition to the protocol though?

Cheers,
aj
Author Public Key
npub17rld56k4365lfphyd8u8kwuejey5xcazdxptserx03wc4jc9g24stx9l2h