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31 sats \ 4 replies \ @justin_shocknet 13 Aug 2024 \ on: First implementation of Lightning channel factories bitcoin
Calling hoax on this headline
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It's not really Lightning, it's scalooor fud vTXO magical trust layer affinity scam nonsense
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channel batching "factories" reduce channel open costs by ~80% have been in LND for years (I'm personally experimenting with using Nostr to enhance UX of coordinating said batches)
I'm new to this, but channel batching is not the same as channel factories.
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Scammers just tried to co-opt the term, channel factories is a term that's been around for batching since at least 2018
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So channel factories are Multi-Party single channels.
Alice and Bob have a channel. They can invite Charlie to the channel without an on chain transaction.
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Yea that's a batch with multiple initiators requiring Eltoo... not the same thing from the shitcoin page in the OP
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