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Results tagged with lightning-network
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user 121614
A peer-to-peer payment system leveraging unbroadcast pre-signed transactions to track user balances.
1
vote
2
answers
110
views
Broadcasting fake Lightning channels
As I understand it, right now every public Lightning Network channel must be tied to a UTXO. This is required in order to prevent nodes from spamming the gossip network with nonexistent channels, but …
- 10.4k
3
votes
1
answer
137
views
Estimating Lightning Network's theoretical transaction throughput
I've seen theoretical estimates of Lightning Network's potential transaction throughput range from 100k or more to millions of transactions per second. My question is, how do you come up with an estim …
- 10.4k
1
vote
1
answer
55
views
Transferring all funds from a custodial service over Lightning Network
This is the third time (meaning three different services) something like this has happened to me: A custodial service holds a small amount of my bitcoin. When I want to withdraw all funds to my own Li …
- 10.4k
2
votes
1
answer
49
views
Alternative fee functions for the Lightning Network
The current Lightning Network specification allows channel peers to specify a base fee and a proportional fee. In other words, the fee charged is a linear function of the forwarded amount. While that …
- 10.4k
15
votes
1
answer
404
views
Does eltoo require trusting watchtowers not to close channels?
The way Lightning Network works now, watchtowers maintain a list of penalty transactions to broadcast in case one party attempts to close a channel with an outdated channel state. The watchtower canno …
- 10.4k
3
votes
2
answers
625
views
Can ACINQ (Phoenix wallet peer) steal my funds during a recovery?
Phoenix wallet is a unique Lightning wallet in that, among other things, it allows the user to restore channels by simply entering their seed. According to ACINQ's blogpost, this is how they achieve i …
- 10.4k