I’m not very interested in cryptocurrency generally but I’m interested in how the tech works–in addition to the aforementioned issues with security if one party controls a significant amount of the lightning network, wouldn’t lightning also be inefficient if a large percentage of transactions are one-offs? It would generate a transaction on the blockchain to open the payment channel between two accounts and a second transaction to close the account, correct? So if the actual number of transactions is two or less it doesn’t offer any actual advantage?

Sorry! I conflated LogMeIn with a specific LogMeIn product, LastPass (Francisco acquired the whole thing but I’m only familiar with LastPass). To clarify, the free tier of LastPass was made less useful following acquisition, particularly with the limitation to a single device.

Same firm that acquired LogMeIn (LastPass) and MyFitnessPal–and after those acquisitions both MyFitnessPal and LastPass quickly moved to worsen the free tiers of services in favor of their paid subscription models.