From tier.nolan at gmail.com  Wed Feb  8 10:25:51 2017
From: tier.nolan at gmail.com (Tier Nolan)
Date: Wed, 8 Feb 2017 10:25:51 +0000
Subject: [Lightning-dev] Anchor transaction for no expiration channels
 without segwit
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On Wed, Feb 8, 2017 at 9:32 AM, Nicolas Dorier <nicolas.dorier at gmail.com>
wrote:

> Tadge had an idea so we do not need any nTimeLock:
>

I think the nLocktime for TX2 is basically costless.  It just prevents
channel fast initial channel close.

Once an unchanged version of TX1 is in the blockchain, all further updates
of the channel can exclude the nLocktime..

> 1 BTC Bob+Timeout OR Alice+AliceSecret1 OR Bob+AliceSecret2 (aka the
bounty)

This is so that Alice can unlock the bounty once the channel is setup, as a
courtesy?
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