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    Home » Developers disagree on commissions on Lightning Network

    Developers disagree on commissions on Lightning Network

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    By BlockchainJournal on October 22, 2019 News
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    Blockstream c-Lightning client developer Rusty Russell suggested raising the default transaction fees on the Lightning Network from 1 satoshi to 5 satoshi, as well as charging an additional 0,0005% of the payment instead of 0.000001%.

    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 large, no one pays – this is the market , ” he emphasized the problem.

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

    “I think the commission market will appear on its own,” 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)

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