--- Log opened Fri Mar 06 00:00:18 2020
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17:05 < fiatjaf> what happens if one peer estimates bitcoin fees at 2 sat/b and the other 200 sat/b?
17:05 < fiatjaf> is there a negotiation or something?
17:06 < fiatjaf> from the bolts I see only that the channel funder sends "update_fee" messages to the other party whenever they want
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17:41 < ysangkok> the channel opener determines the fee level
17:41 < ysangkok> (like you said)
17:42 < ysangkok> i think your only option is to close if you think it is ridiculous
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18:08 < niftynei> worth nothing that the opener pays fees, so it's in their interest to update the fee
18:09 < ghost43> re what can be done: at one point IIRC eclair used to enforce a max fee factor "difference" of 7x. it it became higher than that they force-closed
18:18 < fiatjaf> besides eclair, does anyone else autocloses when the other node presents ridiculous fees?
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18:44 < ghost43> well it's kinda problematic for light clients
18:44 < ghost43> I mean, where are you going to get fee estimates from?
18:45 < ghost43> the provider can make you update the channel fees and get your channels remote-force-closed
18:53 < ghost43> https://github.com/ACINQ/eclair/blob/4012db582815e4d77b4cb20831bb11db0e90a6a7/eclair-core/src/main/scala/fr/acinq/eclair/channel/Commitments.scala#L369
18:53 < ghost43> https://github.com/ACINQ/eclair/blob/84edf645d0065929baec4c8bd4c3920a41f801f2/eclair-core/src/main/resources/reference.conf#L92
18:54 < ghost43> so apparently eclair still does this; current default limit is 8x
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19:03 < ghost43> https://github.com/ACINQ/eclair/blob/b73030018cc53c69e6950bb8222f8e3db4e0fde3/eclair-core/src/main/scala/fr/acinq/eclair/Setup.scala#L239
19:04 < ghost43> so as far as I understand, unless the backend is bitcoind, eclair will get feerates from a public BitGo API endpoint
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19:05 < ghost43> I wonder how many channels would suddenly force close if BitGo went rogue :)
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--- Log closed Sat Mar 07 00:00:16 2020