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Results tagged with lightning-network
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user 81940
A peer-to-peer payment system leveraging unbroadcast pre-signed transactions to track user balances.
2
votes
Accepted
Why are `update_add_htlc` and `commitment_signed` separate messages?
The commitment_signed message is also used at other places to move forward channel state. The entire process is not only described in BOLT02 but also in Mastering lightning
https://github.com/lnbook/ …
- 11.9k
2
votes
Accepted
Lightning network channel capacities and gambling site jackpot payouts
3 possible ways:
Obviously the house can open a new channel with the user but that takes time.
There is still a lightning network So even if you have a small direct channel with the house you might …
- 11.9k
2
votes
Accepted
Do extra hop channels in a BOLT#11 invoice need to exist on chain?
What you propose is (theoretically) totally possible but as far as I understand (for a good reason: the short_channel_id would loose its semantics) not implemented.
The problem is as far as I underst …
- 11.9k
1
vote
Accepted
What to do when funded channel node disappears
Generally your lightning node will be able to tell which peers are online (in clightning with listpeers command)
If the other node is offline you can force close the channel by publishing your channe …
- 11.9k
3
votes
Accepted
What is the technical difference between BTC and LN wallets?
A Bitcoin wallet mainly maintains your private keys and keeps track of the transactions associated to the corresponding public keys or the addresses. The Bitcoin wallet will also help you broadcast yo …
- 11.9k
1
vote
Accepted
remote channel message: Unreasonable to_self_delay = 2016 (max=2000)
Usually you can configure the timelock that you wish your channels should have and the maximum timelock that you are willing to accept. Eclair mobile will set the maximum value that is allowed accordi …
- 11.9k
0
votes
Accepted
How can "Lightning Loop Out" help me to receive more payments?
As mentioned in other questions here there is a difference between capacity and balance.
Currently you cannot change the capacity of a channel. So let us assume you have opened a channel with a capac …
- 11.9k
1
vote
Listen for transaction on specific address
Lightning implementations already have implemented the functionality to watch the blockchain to see if the funding TX was spend (and the channel closed) Often this is outsourced to the Bitcoin fullnod …
- 11.9k
1
vote
How can you make sure that there will be routes with large enough balances to handle transac...
This is not so easy. Infact it seems almost impossible to be done in an elegant way. While the capacity of public channels is known to everyone on the network the balance of each channel is unknown.
…
- 11.9k
2
votes
Accepted
Can I update my channel state with another node signing offline in person?
Yes that is possible. The channel updates are following BOLT 02 (peer protocol) and parts of BOLT 03 (transactions) and BOLT 05 (on chain). All of these things are solely negotiated between you and yo …
- 11.9k
2
votes
How many channels of Lightning Network can I open in one transaction?
Theoretically this would be possible but the entire work flow of channel creation would be disturbed as you would have to wait for the commitment signed message of each channel before broadcasting the …
- 11.9k
2
votes
Lightning network: which update messages are replayed?
You should look at BOLT 07 which describes the gossip protocol and depends on BOLT 08 (Transport via the Noise Protocol framework) and BOLT 01 (Messaging)
In particular if you look at the channel_upd …
- 11.9k
1
vote
Accepted
What is the best Lightning implementation to obtain the network graph?
So in c-lightning you have the two api calls listnodes and listchannels
here are sample outputs from a mainnet c-lightning nodes:
"channels": [
{
"source": "0250373555232cec757ea141273e75 …
- 11.9k
2
votes
Accepted
Who pays on-chain fees for settlement transaction?
As long as we don't have BOLT1.1 and dual funded channels the fees for settling a channel are always paid by the party who funded the channel as described in BOLT 03 - Transactions:
Base commitme …
- 11.9k
2
votes
Accepted
Does an incorrect preimage cause intermediary nodes to discard a Lightning payment?
You will find the answer to your question in BOLT 02 in the section about the update_fulfill_htlc message
from there I quote:
If the payment_preimage value in update_fulfill_htlc doesn't SHA256 …
- 11.9k