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tmcls

30 karma · joined December 1, 2011

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tmcls··on Show HN: Web3Torrent – Adding Ethereum Micropayments to WebTorrent
The funds you deposit at the beginning can be used to pay multiple seeders. You have one "ledger channel", funded by that on-chain deposit, which is being used to open a "virtual channel" for each seeder you connect to.

There's a bit more about it in this post: https://blog.statechannels.org/channels-funding-channels/.

tmcls··on Show HN: Web3Torrent – Adding Ethereum Micropayments to WebTorrent
[Member of the statechannels.org team here.]

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.

tmcls··on Our weekend hack on GoCardless - HipBucket
Would "HipBucket - online payments inspired by Doodle" be better?
tmcls··on Our weekend hack on GoCardless - HipBucket
Thanks for the heads up. Didn't get round to thinking about validation over the weekend. Will take a look this evening.
tmcls··on Our weekend hack on GoCardless - HipBucket
Hmm.. it's still working for me.

Were you trying to access www.hipbucket.com or hipbucket.com? The former doesn't work.