This text was brought to life by repelling magnet forces of reading ZmnSCPxj's Algorithm For Channel Fee Settings. Thank you, Zmn! Bitcoin has taught me to just do nothing and it would probably be preferable in this case as well, but here is my 5msat.
# Introduction Zero Fee Lightning Network Routing (both 0/0) is an alternative way of looking at channel fee settings. The philosophical idea behind it is based on the fact that by encouraging individuals to do their own (automated) fee management we are actually forcing everyone individually to do the decisions which are are currently done in fiat (and altcoin) standard through interventions. And which we oppose by Bitcoin. # Reasoning See discussion with Jordan P. Peterson and guests at https://www.youtube.com/embed/iVym9wtopqs Our computers are running anyway for the Bitcoin nodes. They do quite a lot of simple computations for free* already. If it did not make sense, the nodes would not be run. The same reasoning extends to zero fee routing on LN. In our opinion it is much more straightforward to not ask for fees on LN. The higher interest of the community will just melt into the overall price, like Proof-of-Work does. Using an algorithm like Hill Climbing would just make our computers compute even more and with uncertain results. * Without any immediate effect on the amount of satoshi the operator of the node owns. That's it. If I Had More Time, I Would Have Written a Shorter Letter. Regards, Daki
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