Hey David! On Fri, Dec 29, 2023 at 9:37 PM David A. Harding via bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org> wrote: > We can't prevent people from paying out of band, but we can ensure that > the easiest and most effective way to pay for a transaction is through > in-band fees and transactions that are relayed to every miner who is > interested in them. If we fail at that, I think Bitcoin losing its > censorship resistance will be inevitable. LN, coinpools, and channel > factories all strongly depend on Bitcoin transactions not being > censored, so I don't think any security is lost by redesigning them to > additionally depend on reasonably accurate in-band fee statistics.
Feerate-Dependent Timelocks do create incentives to accept out-of-band fees to decrease in-band fees and speed up mining of transactions using FDT! Miners can make a 5% discount on fees paid out-of-band and many people will use it. Observed fees decrease and FDT transactions mature faster. It is beneficial for both parties involved: senders of transactions save 5% on fees, miners get FDT transactions mined faster and get more profits (for the sake of example more than 5%). -- Best regards, Boris Nagaev _______________________________________________ bitcoin-dev mailing list bitcoin-dev@lists.linuxfoundation.org https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
