--- Log opened Fri Dec 20 00:00:42 2019
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05:43 < phwalkr> Hey. I have a HTLC question
05:43 < phwalkr> I don't understand the role and purpose of HTLC outputs in Lightning. Say I'm doing a transfer A->D via A->B, B->C, C->D.   Which are the HTLC:s and during what time interval do they exist? What's the point
05:45 < m-schmoock> to ensure the chain of the payments along the route is consistent and either fullfilled or failed
05:45 < m-schmoock> and no partial payment happens along the route without reaching the destination
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05:47 < m-schmoock> phwalkr: ping
05:48 < phwalkr> m-schmoock: right. But in this example are there different HTLC to each hop??
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06:11 < darosior> phwalkr: yeah different because not on the same commit tx, but not that much because the payment_hash is the same.
06:12 < phwalkr> I see
06:19 < phwalkr> darosior: And how does it work on funding limit?  The ideal scenario would be that the channels exist for a long time, but if there is a channel between all these pairs, A-B, B-C and C-D. And A is always sending money to D, at some point, B's money could be scarce in B-C channel.
06:25 < darosior> phwalkr: You just touched the liquidity problem :)
06:26 < darosior> But you can rebalance your channels using circle payments
06:27 < darosior> For example there is a plugin for C-lightning https://github.com/lightningd/plugins/tree/master/rebalance
06:27 < darosior> (drain is worth the attention too https://github.com/lightningd/plugins/tree/master/drain)
06:27 < darosior> Worse if you route payments
06:28 < darosior> I rebalance my channels on my node everyday : but that's not economically rationale if you take less fees for routing than you spend for the rebalance along the whole path
06:30 < darosior> The best case would be routing in both sides but, from my personnal experience, you usually route in only one way. Maybe being more central solves that
06:38 < phwalkr> darosior: I see. I'll dig into those references. Thank you!
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--- Log opened Fri Dec 20 19:36:00 2019
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23:25 < niftynei> PSA: pretty sure this doesn't apply to anyone here but i did a quick scan of nodes on testnet that are advertising useless ip addresses --> list here https://gist.github.com/niftynei/2207f41184e1374bd2ad705b2efa9641
23:26 < niftynei> i didn't check that those nodes aren't advertising any other addresses so it's possible there's a slight misconfiguration and your node is still reachable but if not may be worth fixing
23:27 < niftynei> if you want some pointers on fixing c-lightning, lmk
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--- Log closed Sat Dec 21 00:00:44 2019