0 sats \ 1 reply \ @south_korea_ln 5 Jun \ parent \ on: Why are fees so high for sending BTC but not sats? bitcoin_beginners
I would not use the term IOU in the context of the Lightning Network. This would imply trust while LN is trustless by design.
Of course this is different for a centralised service where numbers get updated in a database...
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0 sats \ 0 replies \ @617a7a 6 Jun
Yes. The whole point of LN is to do this without any IOUs in the first place.
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