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Author Topic: Nearly 3 years on a LN does not seem to be adopted sufficiently to prevent mempo  (Read 152 times)
figmentofmyass
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October 29, 2020, 07:29:23 PM
 #21

BTW this idea that LN will end/lower fees is wrong major pools will resist it.
Look at thi:

https://www.blockchain.com/btc/block/0000000000000000000ae55e569154b9ef23abdd225b01cf1e2794c32e11ec99

fee of 1.945 btc

https://www.blockchain.com/btc/block/000000000000000000020222d663456a1151f7d148d4674232f408db4c3a385e

fee of 2.0788 btc

https://www.blockchain.com/btc/block/00000000000000000007528228eb3acac03635b8058104efaa9730cfc36f50fd
fee of 1.8299 btc

two of those last blocks were paid to f2pool. f2pool pockets the fees

what is their incentive for LN adaptation.

are you suggesting pools would actively censor LN settlement transactions, making LN unreliable for users? i suppose there are some incentives to do that, but it would surely cause a scandal and uproar among bitcoin users, and would probably drive some miners to other pools. so there are rational reasons why pool admins would avoid engaging in that type of censorship.

more importantly, once taproot is active on the network lightning channel closes can be made to look like single key spends, preventing miners from singling them out for censorship.

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