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In July 2022, Binance announced zero-fee trading for BTC spot trading pairs, and in August for ETH/BUSD pair. That effort is part of his campaign to modernize bond trading by making the hidebound field fully electronic. Increasing your trading volume will lead to a reduction in Binance fee. You have more risk that one of those shards will not get to the recipient because there’s a buggy node somewhere in the middle. Mark Erhardt: It also is really nice about - one thing that I really want to point out. So, this is a very nice improvement and it also opens the door to creating more things on top of normal payments like redundant overpayments. So a first version of PTLC will not have redundant overpayment, in my opinion, because there are different ways that could be achieved, and they have different trade-offs that need to be explored a bit more.

We will continue to enable trading, so that you may adjust your positions if you wish. This is a very easy way to solve fast jamming, but the issue is that it has an impact on normal users as well, because if you’re a normal user, you try to make payments, you have a lot of failures before you actually get to the recipient, you will have paid upfront fees for failures that you may think are not your fault, not something you should be paying for. And also another issue with redundant overpayment is that you are actually, for the duration of your payment, using more liquidity of the network than what is required. And for this, one of the promising solutions is to use local reputation, where you track how much fee revenue every one of your peers has generated for you in the past, and you only allocate them liquidity bandwidth for something that would lose less than what they made you earn in the past basically.

So it’s like 100% of liquidity required, then 200%, then 300%. Whereas boomerang and spear allow you to do essentially fractions above a 100%, is that right? So this is more of a UX issue, but on the technology side, it’s somewhat easy to fix. So, maybe read this blog article from youtu.be is an issue, maybe not, but we’ll have to think about it in more detail. But what’s interesting is that once we start having ideas, concrete ideas on how to do that local reputation, we can actually deploy it on our node in a shadow mode, where you will still relay all the HTLCs, but you will keep track of the reputation, and you will record the decision you would have made if we would have activated that code. The idea behind redundant overpayments is that when you are trying to send a big payment across the network, you’re usually going to split it across multiple routes because you won’t be able to find a single route that will be able to carry that whole payment in one go.

The argument between which is the best amongst the two relies upon your own personal favourite areas if you want safer and error-free transactions Bitcoin is the one to choose and if you are looking forward to exchanges to carry out at more faster speed along with rewards Litecoin should become your priority. Although mining and exchanging are questionable in terms of legality, it is known to be legal for users who exchanges bitcoins for goods and services. 2. Pair your Ledger wallet with the Ledger Live app to easily send, receive and grow crypto, keep track of your portfolio, and securely access a range of dApps and Web3 services. Service fees modify over time, so make sure to verify the services terms and fee routinely. We’ve had a few of those discussions over maybe six or nine months, and I’m curious how you all would summarize the jamming discussions from the LN Summit meeting.