How is this related to the youtube video posted? Can you link to a specific time in it where it is discussed?
On Sun, 15 Aug 2021 at 00:30, Daki Carnhof <carnhofd...@gmail.com> wrote: > 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 > _______________________________________________ > Lightning-dev mailing list > Lightning-dev@lists.linuxfoundation.org > https://lists.linuxfoundation.org/mailman/listinfo/lightning-dev >
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