Re: [Lightning-dev] channel_reserve_satoshis?

2018-02-04 Thread Cezary Dziemian
Thanks for answer ZmnSCPxj, I think first two options are for those, who want to earn some money for payments fee. The option that can be interesting for for some business like coffee is third option. Do you agree with me? > 3. In all likelihood, some service later will offer deals like "up to

Re: [Lightning-dev] channel_reserve_satoshis?

2018-02-04 Thread ZmnSCPxj via Lightning-dev
Good morning Cezary, > I think first two options are for those, who want to earn some money for > payments fee. The option that can be interesting for for some business like > coffee is third option. Do you agree with me? > >> 3. In all likelihood, some service later will offer deals like "up

[Lightning-dev] An Idea to Improve Connectivity of the Graph

2018-02-04 Thread Abhishek Sharma
Hello all, I am not sure if this is the right place for this, but I have been thinking about the lightning network and how it could be modified so that fewer total channels would need to be open. I had the idea for a specific kind of transaction, in which three parties commit their funds all at

Re: [Lightning-dev] An Idea to Improve Connectivity of the Graph

2018-02-04 Thread ZmnSCPxj via Lightning-dev
Good morning Abhishek Sharma, While the goal of the idea is good, can you provide more details on the Bitcoin transactions? Presumably the on-chain anchor is a 3-of-3 multisig UTXO, what is the transaction that spends that? What do Lightning commitment transactions spend? Can you draw a

Re: [Lightning-dev] QuickMaths for Onions: Linear Construction of Sphinx Shared-Secrets

2018-02-04 Thread Jim Posen
Nice work! I reread the relevant section in BOLT 4 and it is written in a way to suggest the quadratic time algorithm. I have opened a PR to update the recommendation and reference code: https://github.com/lightningnetwork/lightning-rfc/pull/374. On Fri, Feb 2, 2018 at 6:20 PM, Conner Fromknecht

Re: [Lightning-dev] channel_reserve_satoshis?

2018-02-04 Thread ZmnSCPxj via Lightning-dev
Good morning Cezary, > Lets say I would like to receive ln payments. How can I do this, without > locking funds on the other side of channel? 1. Do the Blockstream Store route: do it early enough, and people will make channels to you, because, they want to try out Lightning Network quickly.