rich1.0npub1r375vdaydp5nnnytff6ee2kwzxak8whmwkmnkm6h67agr7dadfkqxn6ccqhttps://nostr.ae/npub1r375vdaydp5nnnytff6ee2kwzxak8whmwkmnkm6h67agr7dadfkqxn6ccqnjumphttps://nostr.ae📅 Original date posted:2017-12-17 📝 Original message: What's the rational for using millisatoshis as the units for lightning channels? Aren't you going to loose up to 1/2 of a satoshi when the channel is closed? Is this because it doesn't hurt and you might as well be open to the opportunity for these sub satoshi transactions, because if you aren't, you are giving up the opportunity to get accumulated revenue from many of those small transactions, that could end up being greater than 1/2 of a satoshi? Since millisatoshis is used, is there a maximum channel funding size? Is the optional initial push of millisatoshis during the channel creation there in order to motivate the other party to be willing to waste their time with the channel creation in the first place? If not, what's it for? In all of the clients that I've looked at, I can't seem to find out how to define the timeout closing out a channel when someone does not cooperate. Is there a fixed value for this as part of the protocol? Or do most clients have a default that they enforce over all channels that they create? Thanks, -- Andy Schroder