Rusty Russell on Nostr: I'm delighted to hear that! There's an old proposal called "eltoo" (or, these days, ...
I'm delighted to hear that!
There's an old proposal called "eltoo" (or, these days, called "ln-symmetry") where there's no penalty phase if one side accidentally publishes an old state: you just fix it up instead. This does some cool things:
1. No more risky backups, where you can lose all your funds by restoring an old backup.
2. You can now have more than 2 parties sharing a channel, and build on top of that.
3. We can reduce latency for payments in some cases, making it twice as fast.
4. It's generally simpler: you only need to remember the last state, as you can fixup and old ones
As to not knowing who I am, that's totally fair! I would much rather people evaluate a proposal on its merits, not the reputation of the proposer. As a non-expert, it can be impossible to distinguish someone who is good at their job, from someone who is good at self-promotion :(
There's an old proposal called "eltoo" (or, these days, called "ln-symmetry") where there's no penalty phase if one side accidentally publishes an old state: you just fix it up instead. This does some cool things:
1. No more risky backups, where you can lose all your funds by restoring an old backup.
2. You can now have more than 2 parties sharing a channel, and build on top of that.
3. We can reduce latency for payments in some cases, making it twice as fast.
4. It's generally simpler: you only need to remember the last state, as you can fixup and old ones
As to not knowing who I am, that's totally fair! I would much rather people evaluate a proposal on its merits, not the reputation of the proposer. As a non-expert, it can be impossible to distinguish someone who is good at their job, from someone who is good at self-promotion :(