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11 sats \ 4 replies \ @DarthCoin 18h \ parent \ on: Question of trust regarding LSPs lightning
There are 2 types of "0-conf" channels:
  • those that are like the Olympus is using for JiT and are confirmed onchain, but you can use them instantly even before the 1st confirmation. These are used for an easy onboarding new users.
  • those that are never broadcast and confirmed, but these should be used only with trusted peers, or to yourself, your own nodes. https://github.com/lightningnetwork/lnd/blob/master/docs/zero_conf_channels.md
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10 sats \ 3 replies \ @Fiatrevelation OP 17h
So they are broadcast, as a channel-open usually is, but you don't have to wait for the 3 block confirmation before using them. I'm guessing the wrapped invoice includes the channel open fee, paid for by the sender?
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11 sats \ 2 replies \ @DarthCoin 17h
Yes, in Olympus case is 10k sats (channel lease) + opening onchain fees + reserve channel https://docs.zeusln.app/lsp/fees
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0 sats \ 1 reply \ @Fiatrevelation OP 17h
It feels too easy for the receiver. They get all the privacy advantages and the sender pays for it?
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0 sats \ 0 replies \ @DarthCoin 17h
Yes, you practically can transact over LN without any trace onchain from your wallet.
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