This is the way 💪⚡ #zeroBaseFee
Opening a channel as I send this tweet.
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RT @SwissRouting
Brand new #Bitcoin #LightningNetwork node up and running!

Using #CoreLightning (@Core_LN) with #zeroBaseFee for optimal routing (thanks to @renepickhardt).

Feel free to open a channel to me: https://amboss.space/node/0279f06eba0e1080f6a693201f090d0635a0e5dd2ef57d0207210e3d338133092e
https://twitter.com/SwissRouting/status/1523816834746789889

Amboss Space - Lightning Network Explorer

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Also decided to create the #ZeroBaseFee community on Amboss as I just saw the work @[email protected] & @[email protected]

For now only my "small" node will adopt the #ZeroBaseFee until I take the time to update the big one

Link to the community: https://amboss.space/community/ca791e03-92d8-45e8-82e7-26be96a39fe5

Amboss Space - Lightning Network Explorer

Lightning Network Explorer. Search for nodes and channels on the Lightning Network and get detailed information on them.

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@adam and @dave could you set #zerobasefee for your nodes? Now all (podcasting) transactions cost 1 sat to start with.

Wherever I have liq I set base fee to 0 so micropayments flow better 😉

The concern remains with #zeroBaseFee:
to never route free (not even the 1 msat shards) the minimum feerate setting would be 1 000 000 ppm which is a 100% fee.
If it is not applied a payer with free CPU and and disk IO capacity would be incentivised to flood with msats.
Correction:
Watch the "msat" in the OP.
The "rounding down" only applies to the sub-millisat earnings. HTLC and routing fees are accounted in msats.
This means with #zerobasefee at 100 ppm routing 9 sats (or 9999 msats) would be free.
At 1 ppm this would be 999 sats.
@harding Yes, unfortunately the base fee is the floor, the presence of which does not work with their calculations.
As a payer it would be better to get rid of a variable, but I felt extremely annoyed by seeing hundreds of 0 fee forwards through my node today, hours after dropping the base fee.
#zerobasefee incentivises every payer to break up the amounts to many small pieces.

@openoms I don't think Pickhardt's main claim is simpler routing; I think it's much more effective routing---i.e. fewer retries when sending significant amounts, leading to faster payments and fewer failures (all other things being equal). If it's as big a deal as he claims, I think it's probably worth considering making other changes to LN policies to allow it to work.

That said, I had a similar concern when I first heard he needed a #zerobasefee. There needs to be some sort of floor.

The research is great but after seeing this action made my mind up quickly: https://twitter.com/openoms/status/1416089044967215106?s=19
A simpler model at the cost of routing incentives does not worth it.
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RT @openoms
If you have #zeroBaseFee and 100 ppm feerate still routing 9999 sat payments for free.
Where you would count on 100ppm your node charges nothing for 100*9999.
With 1 sat basefee you would get exactly 100 sats both when rout…
https://twitter.com/openoms/status/1416089044967215106
openoms on Twitter

“If you have #zeroBaseFee and 100 ppm feerate still routing 9999 sat payments for free. Where you would count on 100ppm your node charges nothing for 100*9999. With 1 sat basefee you would get exactly 100 sats both when routing 1*999900 or 100*9999. #runTheNumbers #lightning ⚡ https://t.co/s6zBzACWm8”

Twitter
If you have #zeroBaseFee and 100 ppm feerate still routing 9999 sat payments for free.
Where you would count on 100ppm your node charges nothing for 100*9999.
With 1 sat basefee you would get exactly 100 sats both when routing 1*999900 or 100*9999.
#runTheNumbers #lightning
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RT @alexbosworth
LN routing policy rounds down percentage fees and the lowest ppm is 1, so sometimes you can get totally free routing just by using multi-pat…
https://twitter.com/alexbosworth/status/1415774383298121731
Alex Bosworth on Twitter

“LN routing policy rounds down percentage fees and the lowest ppm is 1, so sometimes you can get totally free routing just by using multi-path routing with shards that are 999,999 msats instead of 1mm msats. It's a good algorithm for getting away with routing lots and not paying.”

Twitter