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0 sats \ 3 replies \ @m4 2 Aug 2022 \ parent \ on: Daily discussion thread
Weren't the hosted channels in BLW? When the project was abandoned people couldn't get their sats back.
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7 sats \ 1 reply \ @DarthCoin 2 Aug 2022
You are wrong. BLW wasn't "bandoned", just migrated to SBW (Simple Bitcoin Wallet) and hosted channels are separate thing and are a good thing. There are many HC now, fiatjaf and others are offering them now. You also can offer HC if you run a node.
#52908
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0 sats \ 0 replies \ @m4 2 Aug 2022
I personally lost sats in BLW, and know others who also couldn't get their sats because the BLW node was down for good. I see no benefits of hosted channels at all.
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0 sats \ 0 replies \ @faithandcredit 2 Aug 2022
The hosted channels concept will mature and there will be less instances of this kind of thing, but there will always be someone somewhere who picks a bad custodian similar to someone somewhere always seem to find and use some shady exchange and end up losing money. Dilligence is needed wether u r using custodians or not.
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