Timeline for Can someone please explain how Lightning paths are working and what effect large centralized hubs have?
Current License: CC BY-SA 4.0
9 events
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| Mar 3, 2019 at 19:35 | comment | added | johnsmiththelird | Thanks a lot guys! Especially @RenePickhardt Will structure my questions in the future much better | |
| Feb 20, 2019 at 22:55 | comment | added | Murch♦ | Mh, it was my understanding that the current concept of watchtowers didn't require the WT to know about the channel state. Rather they would just have a set of preimages that they would compare to any unilateral channel closings, to see whether they have the matching punishment. Since the punishment pays out the full amount to the punisher, I am not sure it would reveal the state–––– Ahhh... I see. The output of the punishment tx can only credit the amount claimed by the punished and thus reveals the channel balance? | |
| Feb 20, 2019 at 21:46 | comment | added | Rene Pickhardt | couldn't see how you messed stuff up! thanks for your proof reading | |
| Feb 20, 2019 at 21:43 | comment | added | Rene Pickhardt | well I think there is no standard for watchtowers as they don't become part of the protocol yet. So a potential watchtower could see every channel state that you have deducing all htlcs with all payment hashes and sees where traffic flows. | |
| Feb 20, 2019 at 18:59 | comment | added | Murch♦ | Also, I edited your answer which included amending a couple phrases, so please check whether I messed up something. | |
| Feb 20, 2019 at 18:57 | comment | added | Murch♦ | You wrote "Also keep in mind that the bigger issue with watch towers is that they might gather so much information about ongoing payments that the privacy of the lightning network is at risk.". It was my understanding that watchtowers are merely watching on-chain activity to respond with a blinded punishment transaction if they see an on-chain transaction that locks funds to a matching preimage. I don't understand how they would be able to diminish privacy in the Lightning Network. Could you please elaborate? | |
| Feb 20, 2019 at 18:54 | history | edited | Murch♦ | CC BY-SA 4.0 |
added 85 characters in body
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| Feb 20, 2019 at 8:42 | history | edited | chytrik | CC BY-SA 4.0 |
Fixed formatting
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| Feb 20, 2019 at 7:58 | history | answered | Rene Pickhardt | CC BY-SA 4.0 |