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25 sats \ 0 replies \ @DarthCoin 19 Dec 2022
Very good one!
Let's not forget also about another Pickhardt research about the valve system:
The power of valves for better flow control, improved reliability & lower expected payment failure rates on the Lightning Network
That I also talk about in my article experimenting with LN node fees (even before Rene published his article), where I got the same conclusion: a use of min/max HTLC system to open/close valves of your LN channels is much efficient than excessive rebalancing and excessive use of high fees.
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11 sats \ 0 replies \ @timechain 18 Dec 2022
Heard about this in 2019, so happy its coming together. As reliabilitiy increases, splitting bigger payments into less-funded, less-traveled and less-survelied pleb channels will help us take a well-needed step towards decentralization of the second layer.
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