0 sats \ 2 replies \ @k00b 4 Oct 2023 \ on: Scaling Lightning With Simple Covenants bitcoin
This seems to be a consistent problem with L2s that take activity off-chain via some kind of cooperative utxo yet design uncooperative exits such that they're only unilateral. They reduce N participants to 1 utxo but 1 utxo can turn to N utxos at any time.
Has anyone proposed a design with cooperative subsets exiting in a batch?
I don't know anything about anything, but it'd be cool if these pools were designed such that participants could fork out of them together.
Looks like Johan Halseth had the same idea (at the same time?) so maybe it's not super dumb.
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I think if this is possible and the incentives can be made strong enough you have a winning coin pool even if there's a theoretical thundering herd worst case. Bitcoin suffers from the theoretical risk of no one mining it yet that seems to be going pretty well.
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