Author: ZmnSCPxj 2020-01-07 12:18:34
Published on: 2020-01-07T12:18:34+00:00
The article discusses the effects of Byzantine nodes on payment channels and transactions. The channel mechanism involves only two nodes, thus making a Byzantine fault impossible when considering it. However, Byzantine faults can only occur if at least three nodes exist. In the case of multi-hop forwarding mechanisms, for a hop node on a payment attempt, there are three participants: itself, the incoming node, and the outgoing node. The article examines each case and how it affects the payment. Regarding the impact of two Byzantine nodes opening a payment channel, those two nodes would be indistinguishable from a single node that has channels of both nodes. In such a case, the aggregate of the two nodes would own all the money in that payment channel, and it is no different from the aggregate HODLing its funds in a hot wallet. Therefore, it is immaterial to the rest of the network what games the aggregate of both nodes plays with the money that it holds solely as its own.
Updated on: 2023-06-02T22:36:41.707039+00:00