Questions tagged [lightning-fees]
12 questions
5
votes
1 answer
What are the implications of min_htlc_size in "Pickhardt Payments" on the Lightning Network?
I've read the paper "Optimally Reliable & Cheap Payment Flows on the Lightning Network" by Rene Pickhardt & Stefan Richter and I'm tempted to assume the answer to my question, but I still have some nagging doubts. So, I'll ask here.
It's clear that…
Ben de Waal
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3
votes
3 answers
Negative fees on Lightning network and fees on incoming liquidity
Why there aren't negative fees on lightning network protocol and the ability to set incoming fees? Would there be any benefit? Let me describe the situation. There are nodes where the most of the liquidity goes to (the terminal type) and the nodes…
Jan Siebert
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3
votes
1 answer
Why was the base_fee for the routing fee calculation of the Lightning Network included?
Currently and as defined by BOLT 07 on the Lightning Network, the fees for forwarding an HTLC of amount amount_to_forward are computed as:
fee_base_msat + amount_to_forward * fee_proportional_millionths / 1000000
I am wondering why the…
Rene Pickhardt
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2
votes
1 answer
Do I get the fees defined on the incoming or outgoing channel when routing a payment?
Say my node (Y) routes a 1000sat payment from A to B and I set the fees on the A-Y channel to 1000ppm and on the Y-B channel to 2000pm. (Zero base fee). How much fees has A to pay me? 1sat or 2sat?
weigel
- 23
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2
votes
1 answer
Are multipart payments more expensive than normal payments? (Lightning Network)
I was reading the "Mastering The Lightning Network" book when I came across this part about Multipart payments which mean dividing a payment and sending it through multiple paths to increase the chances of the payment succeeding.
My question is if a…
AidenFive
- 25
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2
votes
1 answer
Alternative fee functions for the Lightning Network
The current Lightning Network specification allows channel peers to specify a base fee and a proportional fee. In other words, the fee charged is a linear function of the forwarded amount. While that sounds completely reasonable, my question is,…
Vojtěch Strnad
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1
vote
1 answer
What is the purpose of the Lightning Network base fee? Should it be set to zero?
When you set a routing fee on your Lightning node there are two fees you can set: a fixed base fee (non-proportional to the amount being transferred) and a variable proportional fee.
What is the purpose of the base fee? Should a routing node…
Michael Folkson
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1
vote
1 answer
How much do Bitcoin Lightning Network Watchtowers make in fees to justify their 24/7 server uptime costs?
I understand that a watchtower service for the Bitcoin lightning network requires fees to do their job. How much is this fee to justify a 24/7 server uptime cost? Can one use the bitcoin lightning network without watchtowers to avoid this fee?
Patoshi パトシ
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1
vote
1 answer
Where are my lightning routing fees stored (lnd), when do they get payed out?
I watch my lightning node (lnd) routing some amounts. And with lncli feereport I see some sums, let's say 700 sats for this week. But where are those sats? How can I lookup the accumulated routing fees for one channel (not in lncli listchannels) and…
Rainer Feike
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1
vote
1 answer
Transferring all funds from a custodial service over Lightning Network
This is the third time (meaning three different services) something like this has happened to me: A custodial service holds a small amount of my bitcoin. When I want to withdraw all funds to my own Lightning node, the transaction fails with an error…
Vojtěch Strnad
- 5,623
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1
vote
2 answers
What speaks against dropping the percentage fee in lightning?
If the goal of the lightning network is to route payments as cheap as possible (i know this is an assumption and maybe not everyone agrees), why wouldn't it be a good idea to just drop the percentage fee? A fee in general is necessary to prevent…
user112185
0
votes
1 answer
Problem calculating routing fees
I'm trying to compute the routing fees for a lightning network payment of 100,000 msats. The route uses the following sequence of channels (CHAN1 is not shown for privacy reasons):
CHAN1 (base fee: 1000, ppm: 9)
647868x2102x1 (base fee: 0, ppm:…
Tasos Sidiropoulos
- 43
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