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It’s sort of like how Bitcoin nodes all do their individual check of the blockchain and enforce all of the rules locally, because they have absolutely no reason to trust another peer that that peer did the work and is truthfully reporting the data to them, instead of just doing it themselves locally. Mike Schmidt: Does it feel like this is moving towards experimenting and figuring out one solution, and that all implementations and node-runners and going to use that solution, even if it’s a combination of techniques; or is this more something that different implementations may have different combinations of keys and different algorithms for reputation, and maybe even users would be able to configure that; which direction do you see that going? At $188 per coin, the direction of the bitcoin is anyone’s guess right now and, unlike equities, these things don’t split. It doesn't matter how many or how few coins are issued or could be issued; if people don't want a coin, it has no value. We’re going to be able to deploy those in shadow mode to collect data, I think, in a few months on nodes on the network, and then I hope that researchers pick that up and try to attack those algorithms by stimulating some attacker behavior.

We’ve spoken previously, over maybe six months a bunch of different times, about different kinds of channel jamming attacks: liquidity jamming attacks, which exhaust the capacities in channels; and HTLC jamming attacks, where the attacker attempts to take all the HTLC slots with a bunch of small payments. We’ve had a few of those discussions over maybe six or 바이낸스 가입 (view publisher site) nine months, and I’m curious how you all would summarize the jamming discussions from the LN Summit meeting. It makes it hard to debug, it’s something where we had a lot of compatibility bugs over the years, and it created a lot of force close a few years ago because there were compatibility issues when many updates were in flight, and just because that protocol was complex to get right. T-bast, can you talk about the issues with either peer being allowed to propose a commitment transaction and why turn-taking may be a good idea? Currently in Lightning, either channel peer can propose a new commitment transaction at any time, and this can be simplified by introducing this notion of turn-taking.

Mark Erhardt: I guess you could sell that or share that, but it’s not clear to me why any other peer or network participant should trust you to have accurate information. This blockchain network will also support high-end security for non-fungible tokens and will enable cross-chain interoperability. This is purely local, so every node will start collecting information on their peers, how they have previously interacted with them. This way, we can let this run on the network for a while, evaluate how it works in real life, and once it’s in implementation, that way we can also start doing some research on regtest where we simulate networks where attackers are trying different kinds of behaviors and see how the local reputation algorithms work with those type of attacks. The DeFi industry is having a hard time thwarting hack attacks. I propose some updates, then it’s your time to propose some updates, then it’s my time, so that it’s not as efficient in terms of latency, because if you want to propose an update and it’s not your turn to propose them, you’ll have to wait for a bit. So for fast jamming, paying upfront fees all the time, whenever you send an HTLC, even if it’s going to fail, you pay a small fee, a fixed upfront fee.

But that means it’s hard to reason about the state because at any point in time, you have a correlation between what’s signed in your commitment and what’s in your peer’s commitment. Bastien Teinturier: It’s really hard to tell, honestly, because both directions can make sense in some scenarios. But whenever we want to add new features on top of it, the complexity that we have today is going to make it harder.