Author: ZmnSCPxj 2018-06-18 09:22:07
Published on: 2018-06-18T09:22:07+00:00
The discussion revolves around the minimum relay fee imposed for Bitcoin transactions. The current minimum of 1000 sat/kbyte (=250 sat/kweight) is enforced regardless of dynamic blockchain conditions, creating issues with dynamic fee-paying later. The default minimums create a problem if fees are based on having a full week to close a channel, and better dynamic fee systems may require blockchain-level softfork. Meanwhile, the SegWit block size increase can maintain low fees until a better system is developed. Channel failures occur between lnd and c-lightning, given that c-lightning imposes an absolute minimum, resulting in reduced channel failure if lnd supports the same. The discussion also touches on the issue of nodes not relaying Bitcoin transactions if fees are too low.
Updated on: 2023-05-25T01:02:51.934645+00:00