Re: [Lightning-dev] Increasing fee defaults to 5000+500 for a healthier network?

2019-11-03 Thread Rusty Russell
Rusty Russell writes: > Olaoluwa Osuntokun writes: >> Defaults don't necessarily indicate higher/lower reliability. Issuing a >> single CLI command to raise/lower the fees on one's node doesn't magically >> make the owner of said node a _better_ routing node operator. > > No, but those who put ef

Re: [Lightning-dev] Increasing fee defaults to 5000+500 for a healthier network?

2019-10-13 Thread Rusty Russell
Olaoluwa Osuntokun writes: > Hi Rusty, > > I think this change may be a bit misguided, and we should be careful about > making sweeping changes to default values like this such as fees. I'm > worried that this post (and the subsequent LGTMs by some developers) > promotes the notion that somehow in

Re: [Lightning-dev] Increasing fee defaults to 5000+500 for a healthier network?

2019-10-12 Thread ecurrencyhodler
Good morning Rusty. To add to roasbeef's point, I don't think lightningpowerusers.com is a good indicator for market tolerance for higher fees either. It's highly connected and does a lot of routing because Pierre has on boarded many users through the node launcher. That means most of these users

Re: [Lightning-dev] Increasing fee defaults to 5000+500 for a healthier network?

2019-10-11 Thread Olaoluwa Osuntokun
Hi Rusty, I think this change may be a bit misguided, and we should be careful about making sweeping changes to default values like this such as fees. I'm worried that this post (and the subsequent LGTMs by some developers) promotes the notion that somehow in Lightning, developers decide on fees (

Re: [Lightning-dev] Increasing fee defaults to 5000+500 for a healthier network?

2019-10-11 Thread Pierre
Hi Rusty, That seems reasonable. Cheers, Pierre ___ Lightning-dev mailing list Lightning-dev@lists.linuxfoundation.org https://lists.linuxfoundation.org/mailman/listinfo/lightning-dev

Re: [Lightning-dev] Increasing fee defaults to 5000+500 for a healthier network?

2019-10-10 Thread ZmnSCPxj via Lightning-dev
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 >