Author: ZmnSCPxj 2022-06-14 22:00:53
Published on: 2022-06-14T22:00:53+00:00
During a recent discussion on Lightning network development, several proposals were put forward. One proposal involved redesigning the channel announcement process to move it to the node level, allowing outputs to be mapped to a node's total capacity without requiring them to identify themselves as Lightning Channels on-chain. Another proposal was for a "proof-of-channel-ownership" mechanism that would prevent UTXOs from being reused across services and help spam-resistance. A presentation on friend-of-a-friend balance sharing was also given, which proposed sharing some information within a local radius to give senders more information to choose a path that is potentially more reliable. However, this tradeoff comes with the risk of giving away more information that could be used to ascertain payment flows. In addition, there was discussion about probing and its effects on privacy in the network.Another proposal was for a fee gradient expressed via a static curve/bucket/function, instead of dynamically communicating the latest state of the fee+liquidity distribution. This would involve a series of buckets, each with varying fee rates, where payments consuming different percentages of channel balance would pay different rates accordingly. Finally, attendees proposed optimizing nodes' fee settings to incentivize traffic flow through dynamic fee setting that discourages traffic when channels are depleted or encourages it when they have excess liquidity.
Updated on: 2023-06-03T08:54:55.476418+00:00