When I first heard about the upcoming influx of influx, I thought we were at the lowest point. Bitcoiners Arguments that are irrational or ridiculous against improvement BitcoinThey do this to make themselves look like a kind of underdog that is fighting from within against incompetence and corruption.
Boy Was I wrong?
SoFor starters, a few words. With Lightning If you are going to close a transaction unilaterally, it is important that you decide on your fees in advance. Because The actual UTXO has a multisignature, which means that both sides of the channel must sign transactions before they can close it unilaterally. The The security system of Lightning This is the basis of having them. If you ever needed to use one, say because your counterparty is being non-cooperative, you can’t exactly count on them to resign one at a higher fee-rate if you needed it.
This During the unilateral closure of fees, there were problems. If fees were high and came down since you opened your channel, you pay money you didn’t need to. If fees were low and went up, you can’t guarantee that your channel closes in a timely manner. You can’t Replace-By-Fee(RBF) because your counterparty needs to sign, and you can’t use Child-Pays-For-Parent(CPFP) is a time-locked output, which means that nothing you spend on them until your first block has been confirmed and several blocks have passed.
Because Anchor outputs have been created. They Special outputs exist that do not have timelocks. They are only for spending in child transactions to increase the fees. Lightning Closing transaction These These outputs require a large amount of capital to be created.
Enter Building on the transaction relay in v3 and the package relay, (relaying the transactions within the mempool by groups), ephemeral anchored are built. The The idea would be to create a 0 output that is spendable by anyone with OP_TRUE (meaning it can be spent by anybody). Transactions The mempool will relay transactions that include an anchor with a fee of 0, as long there is an associated child transaction using the output.
This It is possible to do so. Lightning Channels to sign unilateral closing transactions without fees. Anyone who wants to use these channels can spend their ephemeral output anchor to determine the fee rate at that time. This Simplest way to simplify your life Lightning Close transactions to remove capital inefficiency from existing anchor outputs. An The fee-bumping option is open to all, not just channel owners (or contract holders).
The It is not possible to create the UTXO with a 0 value in the UTXO collection, since it only gets relayed when accompanied by a transaction in which it’s instantly spent in the same block.
So What is the problem here? Or An attack? I have no clue, it’s an amazing simplification that essentially any second layer protocol, or contract built on Bitcoin In general, those who use pre-signed transaction will greatly benefit. It Because the outputs that are used, according to the name of the product, are ephemeral. They aren’t actually permanently created.
The only arguments I’ve seen are “spam!” Or “Core developers are removing the dust limit!” (A restriction on the minimum value transaction outputs must have to be relayed, and they aren’t removing it for anything but ephemeral anchors, which must be immediately spent by a child to be relayed).
It is now time for us to consider whether or not it’s appropriate to ignore criticisms and complaints relating to technical issues in this area. Or Where legitimate criticisms cease to be that and instead become unreasoning and illogical crusades for or against personalities, rather than reasoned critique. Because This backlash is unquestionably against the ephemeral anchored.
All The open-source protocol, Open Source Protocol, should welcome rational criticism Bitcoin, but it's time to stop humoring irrational tribalism with no logical basis as if it is equivalent to legitimate criticism. It’s not, it’s purely a waste You can also find out more about the following: time and a Denial of Service Attack against improving processes Bitcoin.
This Article is an Take. Opinions expressed are entirely the authThe following are some examples of how to use's and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
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