<oembed><type>rich</type><version>1.0</version><title>Lloyd Fournier [ARCHIVE] wrote</title><author_name>Lloyd Fournier [ARCHIVE] (npub1kh…y05yp)</author_name><author_url>https://yabu.me/npub1khlhcuz0jrjwa0ayznq2q9agg4zvxfvx5x7jljrvwnpfzngrcf0q7y05yp</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>📅 Original date posted:2021-06-07&#xA;📝 Original message:&#xA;Hi Z,&#xA;&#xA;I agree with your analysis. This is how I pictured eltoo fast forwards&#xA;working as well.&#xA;&#xA;Another interesting thing about this idea is that it could allow a new type&#xA;of custodial LN provider where the custodian is only in charge of receiving&#xA;payments to the channel but cannot spend them.&#xA;With the non-custodial LN phone apps there is this annoying UX where you&#xA;have to keep the app open to receive a payment (because the pre-image is on&#xA;my phone).&#xA;I wouldn&#39;t mind letting the provider handle receiving payments on my behalf.&#xA;Of course this means they would be able to steal the money in the FF state&#xA;but this is a big reduction in risk from a full custodial solution.&#xA;In other words, you should be able to get the seamless experience of a&#xA;fully custodial wallet while only giving them custody of small amounts of&#xA;coins for a short time.&#xA;&#xA;On Wed, 2 Jun 2021 at 13:30, ZmnSCPxj &lt;ZmnSCPxj at protonmail.com&gt; wrote:&#xA;&#xA;&gt;&#xA;&gt; Another advantage here is that unlike the Poon-Dryja Fast Forwards, we do&#xA;&gt; *not* build up a long chain of HTLC txes.&#xA;&gt; At the worst case, we have an old update tx that is superseded by a later&#xA;&gt; update tx instead, thus the overhead is expected to be at most 1 extra&#xA;&gt; update tx no matter how many HTLCs are offered while Bob has its privkey&#xA;&gt; offline.&#xA;&gt;&#xA;&#xA;I don&#39;t think you need to build up a long chain of HTLC txs for the&#xA;Poon-Dryja fast forward in the &#34;desync&#34; approach. Each one just replaces&#xA;the other.&#xA;&#xA;Cheers,&#xA;&#xA;LL&#xA;-------------- next part --------------&#xA;An HTML attachment was scrubbed...&#xA;URL: &lt;http://lists.linuxfoundation.org/pipermail/lightning-dev/attachments/20210607/510d656b/attachment.html&gt;</html></oembed>