Questions tagged [ln-closing-channels]

The tag has no usage guidance.

Filter by
Sorted by
Tagged with
1
vote
2answers
57 views

Distinguishing Lightning channels on-chain

Is there a way to tell (probabilistically, maybe) by looking at an on-chain transaction that it is related to Lightning (is [likely to be] a channel opening or closure)?
2
votes
2answers
61 views

Can funds from a LN channel be recovered if both participants suffer data loss?

Is there a way to recover funds if both channel partners suffer loss of the latest channel state? Would both having their static-channel-backups be sufficient to recover the channel?
3
votes
1answer
54 views

How to transmit fraudulent commitment transaction on lightning channel?

I'm trying to simulate a fraudulent commitment transaction on lightning. How would you submit an earlier commitment transaction. It doesn't seem like this can be done with a command. Does anyone know ...
0
votes
1answer
26 views

Dealing with inactive channels

What is the best practice to deal with inactive channels? Do they have an impact on my node's 'reputation' somehow, should I close them after a few days of being inactive? What happens if channel ...
0
votes
2answers
80 views

Lightning - Question about force-closures of channels and its impact on recovering funds

Dear Lightning experts, someone mentioned in context with lightning channels the following things, and I would like to ask you if this statements are true, and if yes, is this a problem in a future ...
1
vote
1answer
125 views

how can i get rid of a zombie channel in LND?

My LN-Node: 023bf99414b3e93ab7463ce60f44cd691f8be3c1ae33a2015fe784c85c36e770cf bitcoind 0.17.1 // LND 0.5.2-beta commit=v0.5.2-beta-rc7 Channel: 598078250466476032 Problem: lncli feereport returns: ...
3
votes
1answer
67 views

Does LN require an on-chain “emergency lane” to mitigate systemic risks?

According to LN social slides, a fee market (in other word: "congested mempool", to my understanding) is good. But, there's systemic risks around penalty mechanism, so some sort of on-chain scaling (...
0
votes
4answers
335 views

How to “cash out” of the Lightning Network without closing channels?

I am working on an ecommerce site that accepts lightning payments and was curious about how to "cash out" to pay vendors without closing channels to customers. I was planning to run two LN LND nodes ...
1
vote
1answer
116 views

Why is my LND node closing channels?

I have noticed when running lncli closedchannels, that I have some channels that are closed by my node (close_type: local_force_close). I am quite sure I have not initiated this manually myself. Is ...
0
votes
1answer
73 views

How is the recipient address for closing a Lightning Channel derived?

I've recently opened a payment channel in the Bitcoin testnet LN. The funding TX ded9fc8b1ee5506037e057a37057a598c362c4b698a40076e75ea88e2ae8a2a2 decoded: { "txid": "...
3
votes
1answer
1k views

Closing a channel in Lightning Network

I have some doubts about the closure of a lightning network channel. As far as I know, there can be (al least) 4 different scenarious: one node decides to close the channel, and the other one accept ...
5
votes
2answers
91 views

Lightning incentive for micro-cheating?

New to Lightning, and I'm having a hard time understanding something about the incentive system. So, if block sizes remain fixed, and transaction fees become prohibitively expensive one day, owing to ...
2
votes
2answers
409 views

Lightning close-channel transaction example?

From this article, I can understand that a punishment-based bidirectional payment channel (the type used by Lightning) would contain roughly this bitcoin script as one of the outputs: OP_IF “+7 days” ...
2
votes
1answer
56 views

How do Lightning channels interact with the blockchain?

Does opening a channel mean that a 2-to-2 multisig address (3xxxx) is created? And then both parties put money into the address? What if someone pays money to the address on main chain while the ...
4
votes
2answers
570 views

How is a doublespend prevented in the Lightning Network?

How Lightning Network handles double-spend? What will happen when the other person is not available online to enforce the integrity of the transactions? PFB my understanding of the Lightning Network. ...
7
votes
2answers
2k views

When running a Lightning Network hub, who pays the fees when a transaction has to be broadcast to the blockchain?

I've been educating myself on how the Lightning Network protocol works, and I have some questions. Let's say that a user sends a small payment to someone and it makes multiple hops through the ...
5
votes
1answer
421 views

In a Lightning Network who commits to the blockchain the final transaction?

So let's imagine a Lightning Network made up of thousand of nodes. Transactions are routed until the moment comes where all the channels need to be closed and commited I presume. Which node actually ...