3 ms·
It's true, I believe the low probability of getting the reward is the greatest flaw with the watchtower reward scheme. Not just if you have many watchtowers, b
by aeternum 7y ago
It's true, I believe the low probability of getting the reward is the greatest flaw with the watchtower reward scheme. Not just if you have many watchtowers, but the likelihood of a peer attempting a channel breach in the first place esp. when watchtowers are in place would be extremely low since that peer is almost certainly assured to lose money.
There are some services currently providing watchtower for a flat fee instead, and the going rate is low (1 satoshi / txn watched) =~ $ 0.00008