September 21, 2020

Developers disagree on commissions on Lightning Network

Blockstream c-Lightning client developer Rusty Russell suggests raising default transaction fees in Lightning Network from 1 Satoshi to 5 Satoshi, and also charge an additional 0,0005% of the payment instead of 0.000001%.

</p>

Russell’s proposal was supported by ACINQ CEO Pierre-Marie Padua and Jack Mollers, founder of Zap Solutions.

However, other developers believe that a single proposal from the three largest software developers to increase commissions would cast doubt on decentralization and create an extremely dangerous precedent.

Russell's main opponent was Lightning Labs CTO Olaoluwa Osuntokun:

“This proposal promotes the idea that developers, and not node operators, somehow influence commissions in Lightning. If the commissions of operators are too high, no one pays - this is the market ”- He stressed the problem.

With the opinion of Osuntokuna and agreed the head of Lightning Labs Elizabeth Stark.

“I think the commission market will appear itself”She said in a comment to CoinDesk.

Recall earlier in the Lightning Network discovered another vulnerability.

Read more about experimental technology in the educational card.

What is the Lightning Network? (beginner's guide)