Sentences with phrase «opening new payment channels»

For example, if Alice want to pay Bob, she doesn't necessarily need to open a new payment channel to Bob if they both have another channel already open to a common receiver.

The requirements for placing tokens into escrow mean that it may become expensive to open a new payment channel to each address you want to pay.

This will just be a one - time transaction, so there's no point in opening a new payment channel.

So to accomplish that, there must be a way to transact with people on the network without opening a new payment channel each time.

Not exact matches

So it's hugely meaningful to our ability to open up new channels and to make sure there's clarity in terms of who controls the payment information.