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So obviously, pinning is possible and makes things harder, but how much weight should we be putting on fixing pinning if we don’t see any of it on mainnet? When it was three months ago and the mempool was really full for a long while with high-fee transactions, then there was an opportunity to do pinning, but I don’t think any attackers were really ready to actually do that. Bastien Teinturier: No, I don’t think so. And in the interim, you can reduce your exposure by essentially reducing the amount of HTLC exposure you have in total, which is a configurable parameter, which I think all implementations do now. Basically, I think there’s some basic agreement on this line that we’re shooting for with package relay, v3, and ephemeral anchors, where the commitment transaction can get a very nice cleanup and improvement and kind of confirmation requirements, while the rest, there’s still some pinning vectors beyond that with HTLC transactions. LN relies on the penalty a lot to kind of enforce good behavior, when I think it’s not as necessary in this imagined future with an improved mempool. But that’s further in the future, like considerable further i<br>e<br>ture.
Are there other downsides, other than that additional minor communication that’s done, that there would be a reason to hesitate on implementing the newer protocol, other than just getting everybody to implement and roll it out? I thought in my head, they’ll probably pick a better protocol by the time it actually would be required and ends up being true, so that’s good news. So why wouldn’t it transition to it being 50/50 split or something? And already, with only one side of a channel being able to send that message, it creates a lot of issues, because updating the fee of a commitment transaction while you have a lot of HTLCs in flight can actually make you deep into your reserve. Greg Sanders: Yeah, we’d be able to get rid of that message, the update fee that t-bast was talking about, which would be great. Greg Sanders: Well, with penalties, maybe it’s less of a problem, but also pinning is a problem in lots of other scenarios too, Discreet Log Contracts (DLCs), any sort of time-sensitive contract, right? Greg Sanders: Sure. Yeah, so for the past year or so, I’ve been working on an implementation of what’s called Eltoo, which I picked <br>n<br> LN-Symmetry.
Greg Sanders: Yeah, well part of it, right. This is one part that is confusing people. So, a number of people have been working on this package relay and v3, ephemeral anchors, cluster mempool, all this stuff. Mark Erhardt: Sorry, I wanted to make the call back here that the proposal with the v3 transactions and the ephemeral anchors, of course, is what allows commitment transactions themselves no longer to have any fees. Mark Erhardt: Yeah, I had one other question. All you need to do is purchase any retailer’s gift cardlog into one of those Bitcoin exchanges where several sellers accept gift cards (e.g. Paxful, LocalBitcoins, etc.) and complete the purchase. This digital wallet holds your bitcoins until you’re ready to spend them to purchase goods, trade them in the cryptocurrency market or convert them into real-world money. Other than this difference, placing a market sell order is done in exactly the same way as a buy order. Scroll down to learn more about the 5 best Stablecoins a<br>able in the market.