Clara Shikhelman [ARCHIVE] on Nostr: 📅 Original date posted:2023-03-03 🗒️ Summary of this message: The benefits of ...
📅 Original date posted:2023-03-03
🗒️ Summary of this message: The benefits of continuous solutions over binary should be understood before taking a more complicated direction. Reporting truthfully may not always be rational.
📝 Original message:
Could you explain the benefits of continuous solutions over binary? This is
something we should definitely understand before going in a more
complicated direction.
Also, I'm still not sure that the rational behaviour is to report *c*
truthfully.
On Fri, Mar 3, 2023 at 11:51 AM Thomas HUET <thomas.huet at acinq.fr> wrote:
> By giving a high confidence to HTLCs you increase the chance that they are
> relayed which should be your goal. Having a high reputation is not a goal
> in itself, it's just a way to make your HTLCs more likely to be relayed. If
> you always report confidence 0, then yes you will have a reputation of 1
> but your HTLCs will still be rejected at the first sign of congestion.
>
> Le ven. 3 mars 2023 à 17:14, Clara Shikhelman <clara.shikhelman at gmail.com>
> a écrit :
>
>> Hi Thomas,
>>
>> Thanks for the example.
>>
>> - If c < p then yes it gives it a higher reputation but the reputation is
>>> capped at 1 anyway, so by underestimating the confidence the node doesn't
>>> gain anything.
>>>
>> Is there anything to gain from giving high confidence? By doing this, you
>> risk lowering your reputation, and it's not clear what you gain.
>> Could it be that the best selfish strategy is to report confidence 0
>> (that maps to reputation 1) all the time?
>>
>
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🗒️ Summary of this message: The benefits of continuous solutions over binary should be understood before taking a more complicated direction. Reporting truthfully may not always be rational.
📝 Original message:
Could you explain the benefits of continuous solutions over binary? This is
something we should definitely understand before going in a more
complicated direction.
Also, I'm still not sure that the rational behaviour is to report *c*
truthfully.
On Fri, Mar 3, 2023 at 11:51 AM Thomas HUET <thomas.huet at acinq.fr> wrote:
> By giving a high confidence to HTLCs you increase the chance that they are
> relayed which should be your goal. Having a high reputation is not a goal
> in itself, it's just a way to make your HTLCs more likely to be relayed. If
> you always report confidence 0, then yes you will have a reputation of 1
> but your HTLCs will still be rejected at the first sign of congestion.
>
> Le ven. 3 mars 2023 à 17:14, Clara Shikhelman <clara.shikhelman at gmail.com>
> a écrit :
>
>> Hi Thomas,
>>
>> Thanks for the example.
>>
>> - If c < p then yes it gives it a higher reputation but the reputation is
>>> capped at 1 anyway, so by underestimating the confidence the node doesn't
>>> gain anything.
>>>
>> Is there anything to gain from giving high confidence? By doing this, you
>> risk lowering your reputation, and it's not clear what you gain.
>> Could it be that the best selfish strategy is to report confidence 0
>> (that maps to reputation 1) all the time?
>>
>
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