Good morning, Looks fine to me.
Regards, ZmnSCPxj > Hi all, > > I've been looking at the current lightning network fees, and it > shows that 2/3 are sitting on the default (1000 msat + 1 ppm). > > This has two problems: > > 1. Low fees are now a negative signal: defaults actually indicate > lower reliability, and routing gets tarpitted trying them all. > > 2. There's no meaningful market signal in fees, since you can't > drop much below 1ppm. > > Compare lightningpowerusers.com which charges (10000 msat + 5000 ppm), > and seems to have significant usage, so there clearly is market > tolerance for higher fees. > > I am proposing that as of next release of c-lighting, we change defaults > on new channels to 5000 msat + 500ppm, and I'd like the other > implementations to join me. > > Over time, that should move the noise floor up. I picked 500ppm because > that's still 1% at 20 hops, so minimally centralizing. I picked 5000 > msat base for less quantifiable reasons. > > Here's default fee a rate table in USD (@10k per BTC): > > Amount Before After > 0.1c 0.0100001c 0.05005c > 1c 0.010001c 0.0505c > 10c 0.01001c 0.055c > $1 0.0101c 0.1c > $10 0.011c 0.55c > $100 0.02c 5.05c > $1000 0.11c 50.05c > > Thoughts? > Rusty. > > > Lightning-dev mailing list > Lightning-dev@lists.linuxfoundation.org > https://lists.linuxfoundation.org/mailman/listinfo/lightning-dev _______________________________________________ Lightning-dev mailing list Lightning-dev@lists.linuxfoundation.org https://lists.linuxfoundation.org/mailman/listinfo/lightning-dev
