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3 votes
1 answer
273 views

How to avoid a force closure of a channel in the future

On May 14th our channel with LNBIG-42 was force closed and has only returned to the wallet minus some fees a few days ago. https://mempool.space/tx/...
Orange_Bitcoin's user avatar
3 votes
1 answer
88 views

How do I set the our_to_self_delay parameter?

In Core-Lightning, the default value for our_to_self_delay is set to 600. How do I change this value?
Tasos Sidiropoulos's user avatar
3 votes
1 answer
424 views

How do I prevent lnd from participating in new channels?

I have a lnd node that I would like to to cycle down completely. I would like to close all its channels and prevent that the node participates in any new channels while I'm waiting for the force-...
Murch's user avatar
  • 77.8k
1 vote
2 answers
199 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)?
Sergei Tikhomirov's user avatar
0 votes
1 answer
225 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": "...
Haddar Macdasi's user avatar
2 votes
1 answer
85 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 ...
user avatar
65 votes
3 answers
20k views

How does the Lightning network work in simple terms?

Could you please describe how the Lightning network is supposed to work? How does it scale better than pure blockchain transactions? What are the advantages and disadvantages of Lightning Network ...
Murch's user avatar
  • 77.8k