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Michael Henke
e8e7be38685b18f0f91323465a9cb815e5414a62908a8378d57618b1bf85537b
₿itcoin Enthusiast
Replying to Avatar Peter Todd

Good example of how stupid current lightning implementations are re: fees.

This tx paid $38/89,907sats to spend a single anchor output at 497 sats/vbyte (6x higher than necessary to get the tx mined), producing a single output just 6437 sats in size.

https://mempool.space/tx/158b0c7bfcdc32c4e3fed95c26b5b0f54fde5b7182d933fcff1563375e8ec77f

It's not a CPFP: the commitment transaction was mined 3 days before the anchor output was spent.

It's just an idiotic implementation that wasn't willing to forget about the anchor output; I know LND does this. The channel itself only had $2540 in capacity, so that one transaction spent 1.5% of the entire capacity on fees.

Would c-lightning handle this better? Alternative?

In short “terrible fiat policy“

Reunited Germanys, introduction of the European currency, remittance, runaway monetary USD policy

Is there an easy way to see the Venn diagram between my clients connected relays on #nostr and the people I follow to find the least common denominator between the two?

Better to be smart than lucky…