when setting up your own bitcoin lightning node / channels, can someone explain the different ways you could lose some / all of your bitcoin that you lock up in channels?
- forced closures (i’ve heard are particularly bad during high fee environments)
- not backing up channel state and node on the other side of the channel uses previous state of channel (i think watchtowers are meant to prevent this)
anything else? and how do you best prevent / protect against these risks?
yort
npub156…03y3s
2023-06-26 07:21:14
Author Public Key
npub156ndcn2xqlav8wrty2gk8x9qtmen7wx2uhl2hmrxsvkwq2duza2sw03y3sPublished at
2023-06-26 07:21:14Event JSON
{
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"pubkey": "a6a6dc4d4607fac3b86b22916398a05ef33f38cae5feabec66832ce029bc1755",
"created_at": 1687764074,
"kind": 1,
"tags": [],
"content": "when setting up your own bitcoin lightning node / channels, can someone explain the different ways you could lose some / all of your bitcoin that you lock up in channels?\n\n- forced closures (i’ve heard are particularly bad during high fee environments)\n- not backing up channel state and node on the other side of the channel uses previous state of channel (i think watchtowers are meant to prevent this)\n\nanything else? and how do you best prevent / protect against these risks?",
"sig": "64b2bc72b278f531d563661f5b15edfa64b251fd2c31b968dd509f16a99c4e57b36b33c613696612c5a11bb3d9b431a69e492d5c75951a9405b59f4e51cebdb6"
}