Why Nostr? What is Njump?
2023-06-09 12:46:27
in reply to

Rusty Russell [ARCHIVE] on Nostr: 📅 Original date posted:2016-08-17 📝 Original message: Christian Decker ...

📅 Original date posted:2016-08-17
📝 Original message:
Christian Decker <decker.christian at gmail.com> writes:
> I agree that the realm byte is a sensible addition. To trigger this we
> would need to have multiple channels, on different chains, using the
> same identifiers between two nodes. Only in this case we'd have an
> ambiguity where to transfer the funds. Assuming we have the route A ->
> B => C, where => indicates two channels, one in litecoin and one in
> bitcoin, and both channels use the same identity for C. Then the
> instruction to forward 0.01 units to C is ambiguous, as it could be
> denominated in either litecoin or bitcoin.
>
> While not dangerous it is rather unfortunate as it results in
> guesswork. It is not dangerous because if A transferred litecoin to B
> then B will (hopefully) never forward a higher value to C using
> bitcoin, and if it were bitcoin then the final recipient would not
> sign off an inferior amount than what he expected.

Worse case: C is a charity, accepting donations. A's software screwed
up and didn't realize C was litecoin, not bitcoin. B collects a huge
fee, C gets tiny donation.

Cheers,
Rusty.
Author Public Key
npub1zw7cc8z78v6s3grujfvcv3ckpvg6kr0w7nz9yzvwyglyg0qu5sjsqhkhpx