#BTC Today I learned about Factory channels (FC)...... Be…
#BTC
Today I learned about Factory channels (FC)......
Because the BTC developers artifically want onchain tx fees to be in the order of 1000$ per tx! Opening a lightning channel for Joe average becomes a little expensive, but not to worry, FC come to
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the rescue! Apparently if you want to be able to transact on the Lightning network, you first need to find a group of people to share the cosr of opening a channel.....
Imagine you are late to the party.......