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Topic: The Lightning Network FAQ - page 71. (Read 33287 times)

legendary
Activity: 1876
Merit: 3132
January 25, 2020, 01:45:05 PM
Doesn't it need a full Bitcoin Core, and thus quite a lot of disk space and RAM?

The only alternative that comes to my mind is neutrino (for LND) which fetches the necessary data from compatible full nodes It makes use of BIP158. It's not as reliable as the full node setup. I might try using it this time so I can let you know how it performs if you want.
sr. member
Activity: 279
Merit: 435
January 25, 2020, 12:19:22 PM
Hi,

While 0.9.0 does not support sending MPP (Multi-Path Payments), it does support receiving them. It looks like we will have working MPPs by the end of the year!
I've been wondering for a while now how that would work. You don't want one path to be confirmed, and the other paths to get stuck. That would result is a partial payment.
It turns out the magic word to solve this problem is "Atomic". I'll only quote the magic part, the full article explains it in depth:
If Bob does not receive all of the partial payments, then he cannot generate the base pre-image thus making it atomic.
What you describe is a proposal made from Lightning Labs team (namely Olaoluwa and Conner), which is about "mathematical" atomic multi-parts payments.
However, what has been merged to the spec and is implemented by LND, C-lightning and Eclair (maybe Rust-Lightning too?) are kind of "economical" multi-parts payments. The receiver won't claim (and thus release the preimage, which is a proof of payment) any part before having all of them. Doing so would be economically irrational as the receiver would accept the payment before receiving it entirely. As such all parts use the same payment hash, thus the same preimage (== proof of payment).

Some refs:
- Link to the "mathematical" AMP mailing list thread https://lists.linuxfoundation.org/pipermail/lightning-dev/2018-February/000993.html
- Link to the "mathematical" AMP spec proposal https://github.com/lightningnetwork/lightning-rfc/pull/658
- Link to then "economical" AMP (merged) spec proposal https://github.com/lightningnetwork/lightning-rfc/pull/643
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
January 25, 2020, 08:44:23 AM
While 0.9.0 does not support sending MPP (Multi-Path Payments), it does support receiving them. It looks like we will have working MPPs by the end of the year!
I've been wondering for a while now how that would work. You don't want one path to be confirmed, and the other paths to get stuck. That would result is a partial payment.
It turns out the magic word to solve this problem is "Atomic". I'll only quote the magic part, the full article explains it in depth:
I stopped running my node at some point since I didn't need a dedicated server for anything else at that time. I might consider running it again since I have been renting a dedicated server for 2 months now. The resource usage is negligible.
Doesn't it need a full Bitcoin Core, and thus quite a lot of disk space and RAM?
legendary
Activity: 1876
Merit: 3132
January 24, 2020, 03:39:35 PM
Lnd v0.9.0-beta was released 2 days ago. The update introduced quite a few new features and changes. While 0.9.0 does not support sending MPP (Multi-Path Payments), it does support receiving them. It looks like we will have working MPPs by the end of the year!

Once I have passed all of my exams, I will look into other implementations and see if they also got similar features.

-snip

I stopped running my node at some point since I didn't need a dedicated server for anything else at that time. I might consider running it again since I have been renting a dedicated server for 2 months now. The resource usage is negligible.

sr. member
Activity: 279
Merit: 435
January 23, 2020, 03:40:38 AM
Who among the consistent Lightning users here have been running a node, specialized specifically for routing transactions/providing liquidity, how long have you been running it, and what's the averge cost of running it?
I've been running one (C-lightning) for almost two years now, and it costs me barely nothing : just setup on top of my old computer which already ran core.
So it costed me a low end computer which I had for free (I'm in the process of changing it, but I'm not that well connected after all) and electricity cost for an idle computer.
The bigger cost is the coins to open channels.
legendary
Activity: 2898
Merit: 1823
January 23, 2020, 01:20:56 AM
Who among the consistent Lightning users here have been running a node, specialized specifically for routing transactions/providing liquidity, how long have you been running it, and what's the averge cost of running it?
legendary
Activity: 3500
Merit: 6320
Crypto Swap Exchange
January 04, 2020, 07:07:37 PM
Can anyone do me a favor and open up a channel to my node at home?

Whacker
03400a67375da5d5d04dd59514452ce9f0cadb2fbec65863073897d52843b61c80@24.45.24.105:9735
03400a67375da5d5d04dd59514452ce9f0cadb2fbec65863073897d52843b61c80@whacker.cas8.com:9735

I can open channels out and pay invoices, but when I try to open one from my other node at the office it fails.

But, I have done some testing on my node at the office and I don't know if I broke something.

Thanks,
Dave
edit: someone opened one. If it was one of you thanks :-)
Now all I have to do is figure out what I broke on the office one.
legendary
Activity: 3430
Merit: 3080
January 03, 2020, 07:14:30 AM
Also in relation to privacy/fungibility over Lightning, here is a link to another write-up by the same author (ZmnSCPxj) Darosior linked on a Coinswap-like procedure using the Lightning protocol:

https://lists.linuxfoundation.org/pipermail/lightning-dev/2019-October/002245.html
legendary
Activity: 2898
Merit: 1823
January 03, 2020, 04:00:33 AM
But, can it help in making your transactions harder to trace?
Of course Smiley Want to test it for yourself? Try finding my on-chain address connected to this transaction.


I can't, of course.

But that's the beauty if some specialized actors, good or bad, decide to track and breach user-privacy. They're required to stake Bitcoins in Lightning, provide liquidity, which add value to the network. Cool
sr. member
Activity: 279
Merit: 435
January 02, 2020, 05:20:26 AM
Hi everyone,

As we talked about privacy in this thread, here is a great write up by ZmnSCPxj which summarizes a lot of the known privacy breaches: https://lists.linuxfoundation.org/pipermail/lightning-dev/2019-December/002408.html.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
December 30, 2019, 02:37:04 AM
But, can it help in making your transactions harder to trace?
Of course Smiley Want to test it for yourself? Try finding my on-chain address connected to this transaction.
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
December 29, 2019, 07:52:08 AM
Privacy in on-chain transactions are also the users' responsibility. What's so special about it for the troll?

Thought they were scoring cheap points.  Failed as usual.   Cheesy

One day they'll learn that they've lost every argument before they've even tried to make it, because their go-to position is to throw decentralisation under the bus.  It's the one thing all the Lightning detractors can't get around.  LN provides more throughput without placing any additional burden on the non-Lightning users who secure the blockchain.   
legendary
Activity: 2898
Merit: 1823
December 29, 2019, 04:28:05 AM
I meant, isn't it possible to develop privacy features to hide sender, receiver, and amount, off-chain in the Lightning Network?

Nodes participating in the routing process don't know who initiated the transaction and what the final destination is thanks to onion routing. Transactions are not listed anywhere so they can't be tracked by outsiders. As for hiding the amount, multi-part payments have just become a real thing.
For hiding amounts and CLTV deltas, C-lightning also uses shadow routing.


OK, with all that, can Lightning then be developed into a viable, trust-minimized alternative for centralized mixing/tumbling?


As I said above not really if you want to get back on chain afterwards. But just use joinmarket if you want trustless mixing...


But, can it help in making your transactions harder to trace? I believe that's the whole point I was arriving at.

https://bitcoinmagazine.com/articles/lightning-network-traffic-analysis-raises-questions-fees-privacy
https://arxiv.org/pdf/1911.09432.pdf
Quote
this paper’s findings currently put the responsibility of privacy on users selecting their payment routes.

Oh, no!  Responsibility?!  What a catastrophe!   Roll Eyes

Responsibility is something that generally comes with freedom.  It's only natural.  Even if no further advancements were made towards privacy from this point forwards, it's a fair price to pay (and I suspect the majority of users on this chain would rather take on some additional responsibility, rather than sacrifice decentralisation, which is a much higher cost to bear).  But I suspect we'll be making continued advancements in privacy anyway, both on-chain and off.


Privacy in on-chain transactions are also the users' responsibility. What's so special about it for the troll?
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
December 28, 2019, 11:50:54 AM
https://bitcoinmagazine.com/articles/lightning-network-traffic-analysis-raises-questions-fees-privacy
https://arxiv.org/pdf/1911.09432.pdf
Quote
this paper’s findings currently put the responsibility of privacy on users selecting their payment routes.

Oh, no!  Responsibility?!  What a catastrophe!   Roll Eyes

Responsibility is something that generally comes with freedom.  It's only natural.  Even if no further advancements were made towards privacy from this point forwards, it's a fair price to pay (and I suspect the majority of users on this chain would rather take on some additional responsibility, rather than sacrifice decentralisation, which is a much higher cost to bear).  But I suspect we'll be making continued advancements in privacy anyway, both on-chain and off.
sr. member
Activity: 279
Merit: 435
December 27, 2019, 09:11:52 AM
I meant, isn't it possible to develop privacy features to hide sender, receiver, and amount, off-chain in the Lightning Network?

Nodes participating in the routing process don't know who initiated the transaction and what the final destination is thanks to onion routing. Transactions are not listed anywhere so they can't be tracked by outsiders. As for hiding the amount, multi-part payments have just become a real thing.
For hiding amounts and CLTV deltas, C-lightning also uses shadow routing.


OK, with all that, can Lightning then be developed into a viable, trust-minimized alternative for centralized mixing/tumbling?
As I said above not really if you want to get back on chain afterwards. But just use joinmarket if you want trustless mixing...

Quote
Even at low LN-fees, I assume nodes will charge a percentage because that's how they earn (and they need to balance their channels again), so for high amounts, on-chain fees will be much lower.
It depends, I expect most of routing nodes to remove (most of?) their base fee in the future, and thus thanks to multi part payments you could make big payments as well.
As the network grows there will be more and more alternative paths from you to your destination (and even more with smaller payments if you use MPP!), and if some node owners rise their fees too much they wont be chosen into routes anymore. So I don't expect fees to rise that much.
Nonetheless I hope the base layer will still be used because...  Grin
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
December 27, 2019, 03:20:33 AM
OK, with all that, can Lightning then be developed into a viable, trust-minimized alternative for centralized mixing/tumbling?
I don't expect LN to be used for many large transactions, so it might be used to hide the coffee beers you bought from your wife, but not to hide your yacht.
Even at low LN-fees, I assume nodes will charge a percentage because that's how they earn (and they need to balance their channels again), so for high amounts, on-chain fees will be much lower.
legendary
Activity: 2898
Merit: 1823
December 27, 2019, 12:16:45 AM
I meant, isn't it possible to develop privacy features to hide sender, receiver, and amount, off-chain in the Lightning Network?

Nodes participating in the routing process don't know who initiated the transaction and what the final destination is thanks to onion routing. Transactions are not listed anywhere so they can't be tracked by outsiders. As for hiding the amount, multi-part payments have just become a real thing.
For hiding amounts and CLTV deltas, C-lightning also uses shadow routing.


OK, with all that, can Lightning then be developed into a viable, trust-minimized alternative for centralized mixing/tumbling?
sr. member
Activity: 279
Merit: 435
December 26, 2019, 08:06:40 AM
I meant, isn't it possible to develop privacy features to hide sender, receiver, and amount, off-chain in the Lightning Network?

Nodes participating in the routing process don't know who initiated the transaction and what the final destination is thanks to onion routing. Transactions are not listed anywhere so they can't be tracked by outsiders. As for hiding the amount, multi-part payments have just become a real thing.
For hiding amounts and CLTV deltas, C-lightning also uses shadow routing.
legendary
Activity: 1876
Merit: 3132
December 26, 2019, 07:16:31 AM
I meant, isn't it possible to develop privacy features to hide sender, receiver, and amount, off-chain in the Lightning Network?

Nodes participating in the routing process don't know who initiated the transaction and what the final destination is thanks to onion routing. Transactions are not listed anywhere so they can't be tracked by outsiders. As for hiding the amount, multi-part payments have just become a real thing.
legendary
Activity: 2898
Merit: 1823
December 26, 2019, 03:15:08 AM
Possible use-case for Lightning. Viable as a trust-minimized alternative to mixing/tumbling if privacy features are developed.

Your thoughts?
Viable if you never get back on chain (or spend everything on the Lightning Network)  Wink But privacy features *are needed* a step before accessing the LN anyway, and it is not an alternative in any way.


Never? What/how would someone track my transactions to myself in Lightning, with privacy features enabled?

What do you mean by "with privacy features enabled" ?


I meant, isn't it possible to develop privacy features to hide sender, receiver, and amount, off-chain in the Lightning Network?
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