I do think endogenizing the channels is the obvious next step for this theory.

SimpleStacker

I’ll have to noodle on this more, but there might be some interesting things to build off in the context of a fully bifurcated network, say as a result of KYC or other regulatory splits.

If there were two lightning networks with no connection between them, then there might be significant price differences in each, which would create profit opportunities for a bridge.

bitcoin

lightning

econ

[Article Review] A Mathematical Theory of Payment Channel Networks

I’ll have to noodle on this more, but there might be some interesting things to build off in the context of a fully bifurcated network, say as a result of KYC or other regulatory splits. 

If there were two lightning networks with no connection between them, then there might be significant price differences in each, which would create profit opportunities for a bridge.