The Chaincode Podcast cover image

Rusty Russell and privacy and robustness in Lightning - episode 34

The Chaincode Podcast

00:00

The L and Symmetry Approach to Asymmetry

L and penalty as it's retro-nimmed into, is the current scheme where basically, if you screw up, I take your money. There's no massive penalty for you doing so. The danger is that, have I created an incentive problem where you might try to cheat because it doesn't cost you anything. But on the other side of the coin, my implementation is much simpler and watchtowers are now trivial. So, there is less of an incentive problem than you might have originally thought with going for LN symmetry. It still costs you the same to broadcast new old state or the newest state, so you don't lose anything, right? Yes, but on a

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner
Get the app