I am about to give you three links instead of one. I recommend starting by reading this readme:

GitHub

GitHub - supertestnet/hurricash: It's almost like a coinpool except everyone has to exit with the same amount as everyone else

It's almost like a coinpool except everyone has to exit with the same amount as everyone else - supertestnet/hurricash

I think it is the simplest way to begin to understand how my channel factory works. While implementing that, I figured out a way to solve its principal problem, which is that the way "withdrawal transactions" work in hurricash does not allow users to know the txid of their "withdrawal utxo" in advance. Having figured out a solution, I created Tornado Factory:

GitHub

GitHub - supertestnet/tornado_factory: A bitcoin channel factory that works without a soft fork

A bitcoin channel factory that works without a soft fork - supertestnet/tornado_factory

I recommend reading that readme because it tells how I solve hurricash's problem. Also, play with the implementation! It calls itself a channel factory, but it doesn't actually produce channels; each user only gets a withdrawal utxo whose txid and amount they know in advance. Lastly, there is Hedgehog Factory:

GitHub

GitHub - supertestnet/hedgehog_factory: It's like tornado factory but for hedgehog channels, and I added a coordinator

It's like tornado factory but for hedgehog channels, and I added a coordinator - supertestnet/hedgehog_factory

That doesn't have a readme yet, but it is a WIP attempt to improve Tornado Factory in three ways: (1) it has real, usable channels now, not just a random utxo you get to withdraw (though the channels are currently receive-only) (2) users can run the app separately now and coordinate over the internet to do the funding transaction (in Tornado Factory, all users are just different pubkeys generated by the same page, so it's really just one user with n pubkeys) (3) I implemented a massive efficiency gain by delegating *one* person to do the funding transaction and having everyone else *pay him over lightning* as a kind of admission-fee to the pool. This makes it so that n channels are opened with a single transaction needing only one input and two outputs (the multisig and some change). This greatly reduces the cost of channel opens *and* gives people an opportunity to make money on their bitcoin. E.g. if a btc transaction costs $10, you can make money on your bitcoin offering more than 10 people the opportunity to open a channel in a pool where you are the delegate, and then you just charge each person a $1 admission fee. Everyone wins: you make money, and they each get a channel for $1 that would have costed them $10 otherwise. So that's what I'm currently building in Hedgehog Factory: a tool where you can invite people to enter a pool where you perform the funding transaction and charge an "admission fee" to recoup your costs and hopefully make something extra.