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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