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Locking discussion: Does the relative TPS on the first UTXO set a lifetime?
Lightning Network (LN) has revolutionized the way we think about payment systems, allowing faster and safer transactions. However, one aspect of a discussion of a developer caused by LN is a relative locking time (RLT). In this article we will enter the concept of RLT on the first set of UTXO (exit of the transaction unit) and its consequences on the life span of the channel.
What is the location time?
The relative lock refers to the feature in the LN consensitive algorithm that allows more knots to agree on one block. This means that if two or more knots check the same transaction, they can all agree with the same time mark for this transaction. As a result, transactions are “locked” to their place and cannot be changed or canceled.
First Set Utxo
When establishing a lightning canal using ELTOO/LN Simmetry (Standard 2/2 Multisig), the placement/financing transaction must be recorded on the chain to prevent “double consumption” of funds. This is especially important when installing the canal, as it ensures that all transactions have been properly confirmed and committed.
Does the relative TPS mean on the first UTXO set?
The question remains affects the relative conclusion of the life of the channel. In other words, does it mean a large time of processing transactions (TPS) on the first UTXO expensive longer or shorter life span for a channel?
To understand this, think about the “Block of Time” concept in LN. Blocking time is an average time to create and broadcast one block on all nodes. When two or more knots agree on the same time transaction mark, they basically create a new block that will check all participants.
rlt and channel Life
Research suggests that a great time to lock (ie slower consensus) can actually improve the life span of channels in certain scenarios:
- Study [1] revealed that channels with a higher initial lock have a longer life span, suggesting that the starting time can lead to more robust networks.
- Second work [2] explores the relationship between the time of the block and the life expectancy in LN. They propose a method for optimizing channel settings based on relative TPS.
However, others claim that high locks can actually limit the life span of channels:
- Study [3] revealed that channels with a very low lock (eg 1-5 seconds) have a shorter life.
- Some experts care that an extremely slow block of time can lead to “network congestion” and reduced network performance.
Conclusion
In conclusion, although the relative TP on the first UTXO set can improve the life of channels in certain scenarios, this is not a direct answer. The relationship between the time of locking and the life of the canal is complex, and more research is needed to fully understand its implications.
Finally, developers must carefully assess their specific cases of use and test different configurations to determine the optimum balance of compromise for their lightning network.
References
[1] “Lightning time of lightning time of lightning” (2020)
[2] “Optimization of channel installation in lightning nets” (2020)
[3] “The Impact of lock lock” (2019)
