Damus
ZEUS profile picture
ZEUS
@ZEUS
Nice set-up we've got going with our #1 POS merchant:

1. Business does well. Customers deplete our channel and balance goes almost entirely to the merchant's side
2. Merchant pays us on LN and pushes that balance to our side of the channel
3. We pay the merchant out on-chain to their cold storage

Now the merchant can keep accepting LN payments, have their earnings safely in cold storage AND we don't have to open a new channel to them; we can keep using the existing one.

⚡🔁⛓️
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ZEUS · 131w
Perhaps we’ll turn this into a service for all to use one day. But first, we have some other things to finish building…
Paul · 131w
https://image.nostr.build/bf3da28cbac2498b4887a06f05cf84d43aee8f5985aa8025af771981c2525c68.gif
targon · 131w
Ok, but how do the channels to the customers get refilled?
FortisLignorum · 131w
How will splicing impact this in the future?