Re: [Lightning-dev] Splicing Proposal: Feedback please!

2018-10-10 Thread ZmnSCPxj via Lightning-dev
Good morning Rusty, In BOLT #2 we currently impose a 2^24 satoshi limit on total channel capacity. Is splicing intended to allow violation of this limit? I do not see it mentioned in the proposal. Can I splice 21 million bitcoins on a 1-satoshi channel? It may be good to start brainstorming p

Re: [Lightning-dev] Splicing Proposal: Feedback please!

2018-10-10 Thread Rusty Russell
René Pickhardt writes: > So let us take the example of Splicing in: > * The situation before splicing is that we have one output in our funding > tx that is being spent with each commitment tx. (actually if the channel > was spliced before we have more inputs but that should not change anything) >

Re: [Lightning-dev] Splicing Proposal: Feedback please!

2018-10-10 Thread René Pickhardt via Lightning-dev
Dear Rusty, thanks for the initiative. You suggested in your paragraph "messages changes during splicing" during splicing to duplicate each commitment transaction. One which spends the old funding tx and one which spends the spliced tx. I believe this can be simplified. Though I think my workflow

Re: [Lightning-dev] RouteBoost: Adding 'r=' fields to BOLT 11 invoices to flag capacity

2018-10-10 Thread Johan Torås Halseth
I agree the r-fields are useful to populate for public channels in many situations, but care must be taken to not _always_ try them first without accounting for potentially high fees on those channels. - Johan On Wed, Oct 10, 2018 at 5:46 AM Rusty Russell wrote: > Pierre writes: > >> But there'

Re: [Lightning-dev] eltoo: A Simplified update Mechanism for Lightning and Off-Chain Contracts

2018-10-10 Thread Anthony Towns
On Mon, Apr 30, 2018 at 05:41:38PM +0200, Christian Decker wrote: > eltoo is a drop-in replacement for the penalty based invalidation > mechanism that is used today in the Lightning specification. [...] Maybe this is obvious, but in case it's not, re: the locktime-based sequencing in eltoo: "any