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1 Return-Path: <thomas@thomaszander.se> 2 Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org 3 [172.17.192.35]) 4 by mail.linuxfoundation.org (Postfix) with ESMTPS id 042CA4D3 5 for <bitcoin-dev@lists.linuxfoundation.org>; 6 Mon, 10 Aug 2015 21:16:16 +0000 (UTC) 7 X-Greylist: from auto-whitelisted by SQLgrey-1.7.6 8 Received: from manxnetsf05.manx.net (outbound.manx.net [213.137.31.12]) 9 by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 4E0D9180 10 for <bitcoin-dev@lists.linuxfoundation.org>; 11 Mon, 10 Aug 2015 21:16:15 +0000 (UTC) 12 Received: from adsl92.39.203.140.manx.net (EHLO coldstorage.localnet) 13 ([92.39.203.140]) 14 by manxnetsf05.manx.net (MOS 4.4.5a-GA FastPath queued) 15 with ESMTP id EGD47095; Mon, 10 Aug 2015 22:16:12 +0100 (BST) 16 From: Thomas Zander <thomas@thomaszander.se> 17 To: bitcoin-dev@lists.linuxfoundation.org 18 Date: Mon, 10 Aug 2015 23:16:11 +0200 19 Message-ID: <1531960.ajae0oEZC4@coldstorage> 20 User-Agent: KMail/4.14.1 (Linux/3.16.0-4-amd64; KDE/4.14.2; x86_64; ; ) 21 In-Reply-To: <55C8C8FD.9040600@LeoWandersleb.de> 22 References: <55C7D234.1040306@bitmarkets.net> <7458113.kgSzuHbtZH@coldstorage> 23 <55C8C8FD.9040600@LeoWandersleb.de> 24 MIME-Version: 1.0 25 Content-Transfer-Encoding: 7Bit 26 Content-Type: text/plain; charset="us-ascii" 27 X-Mirapoint-Received-SPF: 92.39.203.140 coldstorage.localnet 28 thomas@thomaszander.se 5 none 29 X-Junkmail-Status: score=10/50, host=manxnetsf05.manx.net 30 X-Junkmail-Signature-Raw: score=unknown, 31 refid=str=0001.0A0B0205.55C9149D.0058, ss=1, re=0.000, recu=0.000, 32 reip=0.000, cl=1, cld=1, fgs=0, ip=0.0.0.0, 33 so=2014-07-29 09:23:55, dmn=2013-03-21 17:37:32, 34 mode=multiengine 35 X-Junkmail-IWF: false 36 X-Mirapoint-Virus-RAPID-Raw: score=unknown(0), 37 refid=str=0001.0A0B0205.55C9149D.0058, ss=1, re=0.000, recu=0.000, 38 reip=0.000, cl=1, cld=1, fgs=0, ip=0.0.0.0, 39 so=2014-07-29 09:23:55, dmn=2013-03-21 17:37:32 40 X-Mirapoint-Loop-Id: 2b996838885ff9029f9197e8f3cdbd0b 41 X-Spam-Status: No, score=-2.6 required=5.0 tests=BAYES_00,RCVD_IN_DNSWL_LOW 42 autolearn=ham version=3.3.1 43 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on 44 smtp1.linux-foundation.org 45 Subject: Re: [bitcoin-dev] Off-chain transactions and miner fees 46 X-BeenThere: bitcoin-dev@lists.linuxfoundation.org 47 X-Mailman-Version: 2.1.12 48 Precedence: list 49 List-Id: Bitcoin Development Discussion <bitcoin-dev.lists.linuxfoundation.org> 50 List-Unsubscribe: <https://lists.linuxfoundation.org/mailman/options/bitcoin-dev>, 51 <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=unsubscribe> 52 List-Archive: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/> 53 List-Post: <mailto:bitcoin-dev@lists.linuxfoundation.org> 54 List-Help: <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=help> 55 List-Subscribe: <https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev>, 56 <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=subscribe> 57 X-List-Received-Date: Mon, 10 Aug 2015 21:16:16 -0000 58 59 On Monday 10. August 2015 12.53.33 Leo Wandersleb via bitcoin-dev wrote: 60 > > The reason of it being faster makes no sense, as your example the channel 61 > > has been open for a month then he really doesn't care it takes 1, 10 or 62 > > 50 blocks before his transaction is included. What is 5 hours wait on a 63 > > month of profit? 64 > 65 > I guess the assumption here is a full-block scenario where users of LN would 66 > be willing to pay 100 times the fees users of crude transactions would be 67 > willing to pay for the same limited space in the blockchain, simply because 68 > LN would group 100 real world payments into 1 crude transaction. 69 70 Thats exactly what I argued makes no sense to me. 71 72 Why pay for something you don't need? Paying something Just because you have 73 money is really not a good business strategy. I doubt that will happen. 74 75 -- 76 Thomas Zander 77