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0 sats \ 1 reply \ @rblb 17 Dec 2023 \ parent \ on: Is Breez subsidizing channel opennings? bitcoin
Can you explain a bit more what you mean with that? How can a channel be usable if the transaction is not included in the blockchain? What are the risks in doing so?
Because you, the receiver of the channel, can't double spend it. So Breeze/Phoenix/whatever have no risk in accepting LN payments to and from that channel.
Of course, you have a risk that the channel provider will double spend the transaction. But that's a low risk that people are willing to accept. Particularly when you're likely trusting their software anyway.
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