5min chapter

The Chaincode Podcast cover image

Rusty Russell and privacy and robustness in Lightning - episode 34

The Chaincode Podcast

CHAPTER

The Importance of Simplicity in Closer Channel

In a high fee environment, the cost for you to do a unilateral close is much higher. The thing that really appeals about Elan symmetry is it's simple. And every scheme to fix things by introducing more fairness and try to reintroduce penalties and everything else ends up destroying the simplicity. So I've come around to the idea that making watchtowers ubiquitous is enough by itself to then go for a very simple and dumb protocol. That at the end of the day will be far simpler to implement and have fewer corner cases as well.

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