Mempool Incentive Compatibility

Mempool Incentive Compatibility

Posted on: March 18, 2024 18:25 UTC

In analyzing the functionality of lightning transactions, it's highlighted that the current structure enforces a fixed size for the initial transaction.

This limitation directly impacts the versatility of transaction types, confining the potential applications primarily to scenarios suitable for younger users. The introduction of version 3 (v3) further narrows this scope by placing restrictions on these already limited use cases.

The discussion raises concerns not about regular users exploiting the "Replace-By-Fee (RBF) bypass" but rather focuses on the potential misuse by malicious entities. The apprehension stems from the possibility of adversaries leveraging the newly introduced rule in ways that extend far beyond its original intent and design. This underscores the need for a careful consideration of rule changes within the system to preemptively mitigate unintended consequences that could be exploited by those with malicious intent.