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2023-10-18 13:02:10
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Lightning Mailing List on Nostr: 🔖 Title: Batch exchange withdrawal to lightning requires covenants 🏷️ ...

🔖 Title: Batch exchange withdrawal to lightning requires covenants
🏷️ Categories: Lightning-dev, bitcoin-dev

📝 Summary: Batched splicing can be risky due to certain conditions like no funds in a channel and using an old state. It is important for batched splicing mechanisms to have a backout option to prevent disruptions caused by confirmed old states. Additionally, not all splice implementations performing a check can lead to potential loss of funds.

👥 Authors: • Greg Sanders ( Greg Sanders [ARCHIVE] (npub1jdl…gh0m) ) • ZmnSCPxj ( ZmnSCPxj [ARCHIVE] (npub1g5z…ms3l) )

📅 Messages Date: 2023-10-17

✉️ Message Count: 3

📚 Total Characters in Messages: 5405

Messages Summaries

✉️ Message by ZmnSCPxj on 17/10/2023: Batched splicing can be risky if certain conditions are met, such as having no funds in a channel and using an old state. It is important for batched splicing mechanisms to have a backout option to prevent disruptions.

✉️ Message by Greg Sanders on 17/10/2023: Batched splicing is risky because if an old state is broadcasted and confirmed before the splice, it can disrupt the process. It is important for batched splicing mechanisms to have a backout option.

✉️ Message by ZmnSCPxj on 17/10/2023: Batched splicing can be risky if not all splice implementations perform a check to ensure subsequent splices confirm, potentially leading to loss of funds.

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Author Public Key
npub1j3t00t9hv042ktszhk8xpnchma60x5kz4etemnslrhf9e9wavywqf94gll