Pinned toot

Leaderless are very resilient due to decentralized nature and the usage of privacy-oriented apps that allow to make collective decisions. Crypto enthusiasts and HK activists have a lot to learn from each other.
medium.com/crypto-punks/decent

Leaderless are very resilient due to decentralized nature and the usage of privacy-oriented apps that allow to make collective decisions. Crypto enthusiasts and HK activists have a lot to learn from each other.
medium.com/crypto-punks/decent

Sam Aiken boosted

Developers are developing watchtowers and monitoring services as we speak, so it's crucial to discuss pros and cons of each design, incentives models, and brainstorm together new approaches and solutions to the problems.
medium.com/crypto-punks/lightn

Privacy:
- Fuzz transaction time
- Rotate watchtowers after each transaction
- Bundle together many state updates from different users
- Route state updates via hops
- Create lots of network noise

Scalabilty:
- Keep only latest state updates (LN's eltoo or RDN)
- Don't send some state updates that allocate all or most funds to the user
- Delete state updates after 1 year
- User's requests to delete old state updates of closed channels
- Technological progress

Developers are developing watchtowers and monitoring services as we speak, so it's crucial to discuss pros and cons of each design, incentives models, and brainstorm together new approaches and solutions to the problems.
medium.com/crypto-punks/lightn

Lightning & Raiden developers are focused on building high-quality roads, while I'm trying to understand where these roads will lead to. New article about watchtowers & monitoring services, scalability, operating costs, problems, solutions and trade-offs.
medium.com/crypto-punks/lightn

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