We have created multiple grounds both online and offline where the Bitcoin customers can share their concerned problem as per their convenience. And even then, if they do jam, it’s no worse than what they could have done if we hadn’t reserved some of the resources for our regular customers in the first place. Your transactions are then paid for with random Bitcoin, so even if anybody finds out you had Bitcoin and used it through a Dark Web Tumbler, in theory, there isn’t a way to say the Bitcoin you purchased was used for something specific or illegal. 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, 바이낸스 OTP (please click topnotchdealz.net) and just because that protocol was complex to get right. But the harder thing to fix was the slow jamming issue, where you send an HTLC that takes a lot of liquidity, or a few HTLCs that take a lot of liquidity, and you just hold them for a very long time. So, we’re going to be able with that to make good progress and hopefully, at some point, have a good enough solution to fix all those jamming issues.
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? Before, bitcoin, the double-spend problem, or the ability to quickly and easily verify the legitimacy of a transaction without layers of complicated and costly infrastructure was a vexing problem. After learning about Bitcoin so of the advantages and potential use cases of Bitcoin, the question «How can I buy bitcoin? And for this, one of the promising solutions is to use local reputation, where you track how much fee revenue every one of your peers has generated for you in the past, and you only allocate them liquidity bandwidth for something that would lose less than what they made you earn in the past basically. But what’s interesting is that once we start having ideas, concrete ideas on how to do that local reputation, we can actually deploy it on our node in a shadow mode, where you will still relay all the HTLCs, but you will keep track of the reputation, and you will record the decision you would have made if we would have activated that code.
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. Several ask exactly why and for just what reason performs this ‘currency’ value the spotlight? There’s obviously some value in that information. Instead of getting rid of intermediaries, we have created an entirely new set of corrupt yet necessary insiders that only seek to extract value from the system. A lot of traders and experts are of the view that despite the hype about how difficult and dangerous it can be, getting Bitcoin is a lot easier and safer than you might think. This is a very easy way to solve fast jamming, but the issue is that it has an impact on normal users as well, because if you’re a normal user, you try to make payments, you have a lot of failures before you actually get to the recipient, you will have paid upfront fees for failures that you may think are not your fault, not something you should be paying for. So, the downside of this approach is that this sort of scheme is open to a long-term attack, where people just build up a reputation and then, at some point, attack and take a lot of resources and jam.
So, it would sort of become a, «He said, she said» situation where, sure, people could have these lists or could claim that certain nodes are better, or make a personal opinion listing of what the best nodes are, but there is no incentive or reason why other peers should trust in. People could sell that information or use it internally to configure their channels accordingly, right? 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. In addition to earning Bitcoin from mining, you can buy and sell it online. Cloud mining, where companies take your money in advance, and give you back little bits of it over time, causes it to become a breeding ground for Ponzi Schemes. 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. Mark Erhardt: Yeah, with the simple variant where you do two or three times more, wouldn’t that be sort of a jamming vector?