There's a bit more about it in this post: https://blog.statechannels.org/channels-funding-channels/.
30 karma · joined December 1, 2011
There's a bit more about it in this post: https://blog.statechannels.org/channels-funding-channels/.
Not directly. State channels are similar to lightning, but there's a key difference:
* in lightning each payment is routed through the network independently, requiring participation from the intermediary nodes
* in a state channel the intermediary nodes are used to establish a channel and then the payments are direct
The upshot is that in state channels, once the connection is established, the payments are truly peer-to-peer, and don't need any interaction with a third party.
We use this property in Web3Torrent, as the payments are sent directly peer-to-peer on top of the webtorrent messaging layer. This wouldn't be possible with lightning, though you could probably find another way to accomplish something similar.
Were you trying to access www.hipbucket.com or hipbucket.com? The former doesn't work.