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What if all nodes on the lightning network were watchtowers by default?

What would be the costs for forcing every node on the lightning network to provide watchtower services by default so that the burden is shared by other users maintaining the default and with ...
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43 views

Why is the privacy for using watch tower services increased with unpredictable commitment tx ids?

In the open channel message in BOLT 02 the following statement is written about the various basepoints. The various _basepoint fields are used to derive unique keys as described in BOLT #3 for ...
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Network of 3rd-parties to monitor for Lightning Network theft transactions

Whenever the balance of a Lightning channel is updated, the counterparties must revoke the Commitment Transaction reflecting the channel's earlier balance, and sign a new Commitment Transaction with ...
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2answers
680 views

How do “trustless third-party watchers” work in Lightning Network?

The main point with LN is the need to monitor the blockchain. The reason for this is to detect if the counterparty misbehaves by publishing an old channel state to the blockchain. For a node running ...