• 3 Posts
  • 140 Comments
Joined 3 years ago
cake
Cake day: August 8th, 2023

help-circle



  • IIRC, a deposit is made by two parties to create a lightning network channel that’s enough to cover all transactions (kinda like a multi-sig escrow), and both parties have to sign-off on their balances after every transaction (the last balance signed by both parties is the only valid state). I think most people would use a custodial wallet where the custodian already has channels set up, and this would require trust in the custodian. Lightning networks didn’t exist, and wasn’t fully spec’d out the last time I looked into it though.













  • Dunno, they’d probably have a hard time suing European instances, but they can’t outright block, as that would be unconstitutional. U.S. states have recently been using lawsuits to get around constitutionality. I.e. Texas also has a “bounty” law, where if you know a woman went out of state to get an abortion, you can report it, and the state will sue them and give you $10,000. I think another state has a similar law for if you see a trans person using a restroom that doesn’t match the genitalia they were born with.