@vnprc, I like that you are bullish on #SpillmanChannels
A few random thoughts:
If the opener (sender) of a Spillman Channel has no way to recover funds other than locktime expiry, the barrier to entry is somewhat high.
On the other hand, other recovery mechanisms probably require punishment and/or watchtowers of some sort.
The risk of permanently locked and unused funds in a channel grows with the envisioned duration, so the incentive works against the problem to be solved (negative feedback loop).
Therefore, there still is some trust involved.
Then again, some trust can be assumed anywasy, if the sender is paying money to another party...
What do you think?
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no, it's trustless View quoted note →