31 sats \ 4 replies \ @justin_shocknet 13 Aug \ on: First implementation of Lightning channel factories bitcoin
Calling hoax on this headline
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It's not really Lightning, it's scalooor fud vTXO magical trust layer affinity scam nonsense
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channel batching "factories" reduce channel open costs by ~80% have been in LND for years (I'm personally experimenting with using Nostr to enhance UX of coordinating said batches)
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Scammers just tried to co-opt the term, channel factories is a term that's been around for batching since at least 2018
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So channel factories are Multi-Party single channels.
Alice and Bob have a channel. They can invite Charlie to the channel without an on chain transaction.
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Yea that's a batch with multiple initiators requiring Eltoo... not the same thing from the shitcoin page in the OP
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