Why Nostr? What is Njump?
2023-06-09 12:43:28
in reply to

Stephen [ARCHIVE] on Nostr: 📅 Original date posted:2015-06-27 📝 Original message: Quick question on the ...

📅 Original date posted:2015-06-27
📝 Original message:
Quick question on the security of the Lightning Network when rerouting payments.

Say A wants to make a payment to E, and they find a payment channel route through A->B->C->E. The payment is done in increments of 0.01 BTC until the full 1 BTC has been paid. However, part way through the payments, C becomes unresponsive. The contract has already been given to C that guarantees payment if C can produce the pre-image of a certain hash, and C does receive the pre-image from E. They do not share that pre-image with B, though. C must reveal the pre-image, either to B directly or on the blockchain, before B's contract times out, which guarantees B will receive payment.

But A has not paid the full amount to E yet when C became unresponsive. A wants to re-route her payment to avoid delays, so she re-routes the rest of the payments through A->B->D->E. A finishes the payments through this alternate route. But now, can't C reveal the pre-image to B, who then reveals it to A? Which, will effectively steal an extra 0.01 BTC from Alice and give it to E. (C and E could have been colluding to do this, splitting the profits).

Is there something that prevents this that I do not see yet, or is this just the risk one takes with payment re-routing?

Thanks!
Stephen
Author Public Key
npub1zq3c5mgvdpyvrt9evdtn48d47du4s03fxdjrvx7cv3mtf93hqjgqj53esn