Hi ZmnSCPxj,
You are right that an exchange can not simply embed the option into the offer
price as there is no payment in case the offer is not taken, so nothing would
pay for their hedging costs.
This however is not a unique situation, but people deal with it frequently.
Every offer has a
Hi ZmnSCPxj,
Making an asset swap offer using HTLC ties up funds and the offer may be taken
up-until the timelock expiry.
Therefore making such an offer implies both opportunity cost and a premium for
optional exercise.
There is no mechanism in LN to require compensation for above costs,
Good morning CJP,
>
> I think we've already addressed this issue before:
> https://lists.linuxfoundation.org/pipermail/lightning-dev/2018-May/0012
> 92.html
>
> and especially this proposal of me:
> https://bitonic.nl/public/slowdown_prevention.pdf
>
> It's not completely trustless, but I tend
Hi ZmnSCPxj,
I think we've already addressed this issue before:
https://lists.linuxfoundation.org/pipermail/lightning-dev/2018-May/0012
92.html
and especially this proposal of me:
https://bitonic.nl/public/slowdown_prevention.pdf
It's not completely trustless, but I tend to see trustlessness in
