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100 sats \ 1 reply \ @max_dignan OP 15 Dec 2022 \ parent \ on: Synota AMA - Money at the Speed of Energy bitcoin
Great question, Synota aims to provide software to help with the settlement of payments between the parties. We don't plan to broker contracts, but rather help with existing (or soon to be agreed-to) contracts.
Yes, we deploy a non-custodial, cloud-based lightning node for all parties involved. Using these nodes, payments flow directly from one entity in the contract to another atomically through lightning.
Using lightning, we can move the funds atomically and get instant finality - a HUGE gain over the existing system.
Thanks for all the details - very cool to see everything you all are doing to push forward the Lightning ecosystem
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