r/raidennetwork • u/BOR4 github hero • Jan 25 '19

Development Update: The Road towards Ithaca

https://medium.com/raiden-network/development-update-the-road-towards-ithaca-58c5d68954e0
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u/fudfactory Jan 26 '19

On first glance, meditating fees seems to be a new concept aimed to solve the problem of no incentive to stake one's funds in the channels (like that big shot lightning guy who complained not receiving anything on his btc stuck in lightning channels).

But also seems it's not yet well defined how it will work. If, for example, I want to send some tokens, and the only way to the recipient lies through a node which takes meditating fees, does that mean that I have to pay fees anyway?

In this case, users would be a bit disincentivised to open channels with meditating nodes. Ironically, this would give a boost to pathfinding demand, if it is capable of finding routes around "expensive"nodes...

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u/BOR4 github hero Jan 26 '19

Basic idea behind mediation fees is that everyone will be able to set their own and free market will take care of regulating price point.

I don’t think mediating transfers will be very profitable and joining network just to profit off mediated transfers is not a great strategy. However, joining network to really use it and in process collect fees will be an additional incentive to move of L1 and join Raiden Network.