Author: Olaoluwa Osuntokun 2018-11-06 06:55:03
Published on: 2018-11-06T06:55:03+00:00
The conversation between Laolu and ZmnSCPxj revolves around the Lightning Network and its protocol. ZmnSCPxj questions the limitation of creating multiple channels or increasing capacity with specific peers, to which Laolu responds by explaining the utility of having multiple channels to a given peer. He gives an example of how having two channels instead of one allows for a higher amount of BTC to be sent. This becomes more relevant post AMP as the increased HTLC bandwidth load requires nodes to open additional channels to other nodes. Laolu emphasizes the need for maintaining diverse channels for fault tolerance, path diversity, and redundancy reasons.They also discuss the initiator distinction in the Lightning Network and the prioritization of work items. Laolu is cautious about doing away with the initiator distinction as he worries that an initiatee may be forced to pay fees they did not voluntarily consider paying. They also talk about the possibility of lifting the "pre-seating of inputs" from the multiple funding output approach, where clients can generate addresses that others could deposit to and then have them spliced directly into the channel. However, this could be unsafe without trust in the other peer.
Updated on: 2023-05-20T08:43:21.396694+00:00