How do you reclaim inbound liquidity to continue receiving payment after a splice out?
Yeah good point re the second hop past the attacker, I was missing that thank you! Though if they’re doing the same thing, and pushing received sats to a submarine swap provider (which I did suggest generally and there are open source versions of!) or just an exchange, maybe the reason we haven’t seen any mass exit attacks is that routing nodes are being well compensated enough for the services they provide that the economics of a mass exit attack just haven’t made sense yet. If you’re consistently making a few % by providing and managing liquidity, and there’s no asymmetric payoff available by rugging, why would you rug and forgo all the potential future earnings? In DeFi we generally saw that calculus change when growth reversed.
ryanthegentry /
npub1ua…7n24e
2023-03-21 13:07:56
in reply to nevent1q…8g77
Author Public Key
npub1uatf9mr3za8xnr0370gl2acc2k7vfeh9dpyf6t426jyasyry4nnqe7n24ePublished at
2023-03-21 13:07:56Event JSON
{
"id": "8a9bbbd8f98f2874533764d9b27c65956d10c441c0f46b6baa8bcadefbb006a1",
"pubkey": "e75692ec71174e698df1f3d1f5771855bcc4e6e568489d2eaad489d81064ace6",
"created_at": 1679404076,
"kind": 1,
"tags": [
[
"e",
"20eaded1c5f53a2d4905abdf34eba5f78567b85dd851cd40f2a9f2001bb808cf"
],
[
"e",
"26b71217420850f1c6a700e7a7ad9316695a1d0322c5d77a48e18306c5e903bd"
],
[
"p",
"65594f279a789982b55c02a38c92a99b986f891d2814c5f553d1bbfe3e23853d"
],
[
"p",
"eaf27aa104833bcd16f671488b01d65f6da30163b5848aea99677cc947dd00aa"
],
[
"p",
"3bf0c63fcb93463407af97a5e5ee64fa883d107ef9e558472c4eb9aaaefa459d"
],
[
"p",
"5be6446aa8a31c11b3b453bf8dafc9b346ff328d1fa11a0fa02a1e6461f6a9b1"
],
[
"p",
"5be6446aa8a31c11b3b453bf8dafc9b346ff328d1fa11a0fa02a1e6461f6a9b1"
],
[
"p",
"5be6446aa8a31c11b3b453bf8dafc9b346ff328d1fa11a0fa02a1e6461f6a9b1"
]
],
"content": "How do you reclaim inbound liquidity to continue receiving payment after a splice out?\n\nYeah good point re the second hop past the attacker, I was missing that thank you! Though if they’re doing the same thing, and pushing received sats to a submarine swap provider (which I did suggest generally and there are open source versions of!) or just an exchange, maybe the reason we haven’t seen any mass exit attacks is that routing nodes are being well compensated enough for the services they provide that the economics of a mass exit attack just haven’t made sense yet. If you’re consistently making a few % by providing and managing liquidity, and there’s no asymmetric payoff available by rugging, why would you rug and forgo all the potential future earnings? In DeFi we generally saw that calculus change when growth reversed.",
"sig": "854e4015977f30d221369da2a27b1f0ca72bc5a6093b239e84448319d0fda4c4ba2d7b64b27b1c813de326f2c4e34ffd84d119555f8608a8c5ca2482a1de9a7f"
}