On Thu, Mar 28, 2024 at 02:27:18PM +0000, Peter Todd wrote:
> > > Can you explain in more detail how exactly you'd pull that off? Are you
> > aware
> > of LN implementations that actually create feerate ascending LN states?
> > 
> > I think you can create feerates ascending LN states with today's LN
> > implementations by playing with BOLT2's `dust_limit_satoshis`.
> > State 1 has 1 dust HTLC trimmed, state 2 has 2 dust HTLCs trimmed, ...
> > State N has N dust HTLCs trimmed.
> 
> Correct me if I'm wrong. But I don't believe that the `dust_limit_satoshis`
> value can be changed on an existing channel.
> 
> It *should* be possible to change on an existing channel, as the economic dust
> limit is fee-rate dependent. But the protocol does not support that yet IIUC.

Oh, and to expand on this discussion a bit... Assuming that LN implementations
did enable this type of attack, I'll point out that it's essentially based on
having incoming liquidity, which is not free. Either you paid for it by paying
someone to open channels to you. Or you operated a lightning node that provided
sufficiently attractive survice that people chose to open channels to you.
Either way getting that incoming capacity cost you money, probably at similar
if not worse rates than just borrowing BTC.

-- 
https://petertodd.org 'peter'[:-1]@petertodd.org

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