Hacker News new | ask | show | jobs
by buck-o 1741 days ago
One nice thing about lsats is that you can have access to some network-based endpoint gated by payments but that authorization kind of carries its state around with it (to an extent). So you can do micro-payments as opposed to... nano-payments where one small payment can be re-used to access gated content and the lsat itself can be shared, delegated, even potentially sold and re-sold. On its own this probably doesn't take care of the number of users that can onboard onto lightning (I heard on the net that something like the Check template verify opcode, OP_CTV, can help even more on that end), but it does expand the scale of what could be done with a single channel which itself expands on what can be done with a single UTXO.