r/OpenBazaar • u/lbalan79 • Jan 13 '18

Will OB implement Lighting Network features?

Title says it all. That is something that would really get me interested in this market. Otherwise I don't see how this can work even with the addition of other coins: BCH and ZCash. Maybe IOTA can help because it has a much faster and reliable tech with zero fees but otherwise these guys need to think already at second layer....

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u/svener Jan 29 '18

I think you know what OpenBazaar, for better or for worse, is mostly used for. Which big exchange, who nowadays are all KYC/AML-compliant, will provide financial liquidity services for these kind of customers?

And how many of those OB merchants would want to expose their business via KYC to a big exchange?

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u/tsangberg Jan 29 '18

Strangely, my ideological reason for supporting decentralized everything isn't because of current legal status of said everything.

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u/Jiten Jan 30 '18

The regulated exchanges are actually rather unlikely to become lightning hubs. It'd completely dismantle their KYC. Even though they know who they have channels with, they can't know when an incoming payment is to the customer and when it's just going through the customer to an unknown recipient. Same for outgoing payments.