From mboxrd@z Thu Jan 1 00:00:00 1970 Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id 042CA4D3 for ; Mon, 10 Aug 2015 21:16:16 +0000 (UTC) X-Greylist: from auto-whitelisted by SQLgrey-1.7.6 Received: from manxnetsf05.manx.net (outbound.manx.net [213.137.31.12]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 4E0D9180 for ; Mon, 10 Aug 2015 21:16:15 +0000 (UTC) Received: from adsl92.39.203.140.manx.net (EHLO coldstorage.localnet) ([92.39.203.140]) by manxnetsf05.manx.net (MOS 4.4.5a-GA FastPath queued) with ESMTP id EGD47095; Mon, 10 Aug 2015 22:16:12 +0100 (BST) From: Thomas Zander To: bitcoin-dev@lists.linuxfoundation.org Date: Mon, 10 Aug 2015 23:16:11 +0200 Message-ID: <1531960.ajae0oEZC4@coldstorage> User-Agent: KMail/4.14.1 (Linux/3.16.0-4-amd64; KDE/4.14.2; x86_64; ; ) In-Reply-To: <55C8C8FD.9040600@LeoWandersleb.de> References: <55C7D234.1040306@bitmarkets.net> <7458113.kgSzuHbtZH@coldstorage> <55C8C8FD.9040600@LeoWandersleb.de> MIME-Version: 1.0 Content-Transfer-Encoding: 7Bit Content-Type: text/plain; charset="us-ascii" X-Mirapoint-Received-SPF: 92.39.203.140 coldstorage.localnet thomas@thomaszander.se 5 none X-Junkmail-Status: score=10/50, host=manxnetsf05.manx.net X-Junkmail-Signature-Raw: score=unknown, refid=str=0001.0A0B0205.55C9149D.0058, ss=1, re=0.000, recu=0.000, reip=0.000, cl=1, cld=1, fgs=0, ip=0.0.0.0, so=2014-07-29 09:23:55, dmn=2013-03-21 17:37:32, mode=multiengine X-Junkmail-IWF: false X-Mirapoint-Virus-RAPID-Raw: score=unknown(0), refid=str=0001.0A0B0205.55C9149D.0058, ss=1, re=0.000, recu=0.000, reip=0.000, cl=1, cld=1, fgs=0, ip=0.0.0.0, so=2014-07-29 09:23:55, dmn=2013-03-21 17:37:32 X-Mirapoint-Loop-Id: 2b996838885ff9029f9197e8f3cdbd0b X-Spam-Status: No, score=-2.6 required=5.0 tests=BAYES_00,RCVD_IN_DNSWL_LOW autolearn=ham version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org Subject: Re: [bitcoin-dev] Off-chain transactions and miner fees X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Development Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Mon, 10 Aug 2015 21:16:16 -0000 On Monday 10. August 2015 12.53.33 Leo Wandersleb via bitcoin-dev wrote: > > The reason of it being faster makes no sense, as your example the channel > > has been open for a month then he really doesn't care it takes 1, 10 or > > 50 blocks before his transaction is included. What is 5 hours wait on a > > month of profit? > > I guess the assumption here is a full-block scenario where users of LN would > be willing to pay 100 times the fees users of crude transactions would be > willing to pay for the same limited space in the blockchain, simply because > LN would group 100 real world payments into 1 crude transaction. Thats exactly what I argued makes no sense to me. Why pay for something you don't need? Paying something Just because you have money is really not a good business strategy. I doubt that will happen. -- Thomas Zander