Browse Source

chaintopology: set a fee floor to avoid creating unrelayable txs.

Naively, this would be 250 satoshi per sipa, but it's not since bitcoind's
fee calculation was not rewritten to deal with weight, but instead bolted
on using vbytes.

The resulting calculations made me cry; I dried my tears on the thorns
of BUILD_ASSERT (I know that makes no sense, but bear with me here as I'm
trying not to swear at my bitcoind colleagues right now).

Fixes: #1194
Signed-off-by: Rusty Russell <rusty@rustcorp.com.au>
ppa-0.6.1
Rusty Russell 7 years ago
committed by Christian Decker
parent
commit
2e687b9b35
  1. 53
      lightningd/chaintopology.c

53
lightningd/chaintopology.c

@ -268,6 +268,48 @@ static const char *feerate_name(enum feerate feerate)
/* Mutual recursion via timer. */
static void next_updatefee_timer(struct chain_topology *topo);
/* bitcoind considers 250 satoshi per kw to be the minimum acceptable fee:
* less than this won't even relay.
*/
#define BITCOIND_MINRELAYTXFEE_PER_KW 250
/*
* But bitcoind uses vbytes (ie. (weight + 3) / 4) for this
* calculation, rather than weight, meaning we can disagree since we do
* it sanely (as specified in BOLT #3).
*/
#define FEERATE_BITCOIND_SEES(feerate, weight) \
(((feerate) * (weight)) / 1000 * 1000 / ((weight) + 3))
/* ie. fee = (feerate * weight) // 1000
* bitcoind needs (worst-case): fee * 1000 / (weight + 3) >= 4000
*
* (feerate * weight) // 1000 * 1000 // (weight + 3) >= 4000
*
* The feerate needs to be higher for lower weight, and our minimum tx weight
* is 464 (version (4) + count_tx_in (1) + tx_in (32 + 4 + 1 + 4) +
* count_tx_out (1) + amount (8) + P2WSH (1 + 1 + 32) + witness 1 + 1 + <sig>
* + 1 + <key>). Assume it's 400 to give a significant safety margin (it
* only makes 1 difference in the result anyway).
*/
#define MINIMUM_TX_WEIGHT 400
/*
* This formula is satisfied by a feerate of 4030 (hand-search).
*/
#define FEERATE_FLOOR 253
static u32 feerate_floor(void)
{
/* Assert that bitcoind will see this as above minRelayTxFee */
BUILD_ASSERT(FEERATE_BITCOIND_SEES(FEERATE_FLOOR, MINIMUM_TX_WEIGHT)
>= BITCOIND_MINRELAYTXFEE_PER_KW);
/* And a lesser value won't do */
BUILD_ASSERT(FEERATE_BITCOIND_SEES(FEERATE_FLOOR-1, MINIMUM_TX_WEIGHT)
< BITCOIND_MINRELAYTXFEE_PER_KW);
/* And I'm right about it being OK for larger txs, too */
BUILD_ASSERT(FEERATE_BITCOIND_SEES(FEERATE_FLOOR, (MINIMUM_TX_WEIGHT*2))
>= BITCOIND_MINRELAYTXFEE_PER_KW);
return FEERATE_FLOOR;
}
/* We sanitize feerates if necessary to put them in descending order. */
static void update_feerates(struct bitcoind *bitcoind,
const u32 *satoshi_per_kw,
@ -277,12 +319,17 @@ static void update_feerates(struct bitcoind *bitcoind,
bool changed = false;
for (size_t i = 0; i < NUM_FEERATES; i++) {
if (satoshi_per_kw[i] != topo->feerate[i])
u32 feerate = satoshi_per_kw[i];
if (feerate < feerate_floor())
feerate = feerate_floor();
if (feerate != topo->feerate[i])
log_debug(topo->log, "%s feerate %u (was %u)",
feerate_name(i),
satoshi_per_kw[i], topo->feerate[i]);
feerate, topo->feerate[i]);
old_feerates[i] = topo->feerate[i];
topo->feerate[i] = satoshi_per_kw[i];
topo->feerate[i] = feerate;
}
for (size_t i = 0; i < NUM_FEERATES; i++) {

Loading…
Cancel
Save