still no one has answered my lightning question 😥
can someone explain simply all the possible ways that managing your lightning channel could result in you losing a portion of the Bitcoin that you have locked up in that channel?
- i heard forced closures can be expensive, and especially in high fee environments?
- i heard that if your node is offline that someone can force close, and then present an outdated channel state that benefits them?
- if you mismanage your liquidity (maybe make your channel too small) then you can essentially lock up that Bitcoin because it’s not worth paying the fee to even close the channel?
- anything else?
and what would be all the different methods / best practices for protecting against any of these potential loss of funds?
yort
npub156…03y3s
2023-06-27 08:38:25
Author Public Key
npub156ndcn2xqlav8wrty2gk8x9qtmen7wx2uhl2hmrxsvkwq2duza2sw03y3sPublished at
2023-06-27 08:38:25Event JSON
{
"id": "7bfa2170b9bc2aad90f3f0fb2113e2eef3b51bd7943bb080ad36ddd922c8505e",
"pubkey": "a6a6dc4d4607fac3b86b22916398a05ef33f38cae5feabec66832ce029bc1755",
"created_at": 1687855105,
"kind": 1,
"tags": [],
"content": "still no one has answered my lightning question 😥\n\ncan someone explain simply all the possible ways that managing your lightning channel could result in you losing a portion of the Bitcoin that you have locked up in that channel?\n\n- i heard forced closures can be expensive, and especially in high fee environments?\n\n- i heard that if your node is offline that someone can force close, and then present an outdated channel state that benefits them?\n\n- if you mismanage your liquidity (maybe make your channel too small) then you can essentially lock up that Bitcoin because it’s not worth paying the fee to even close the channel?\n\n- anything else?\n\nand what would be all the different methods / best practices for protecting against any of these potential loss of funds?",
"sig": "9b9a6c55daf440ab5e3dd01cb52673daa047c4a9d13bd8d94c08b6383cd102f8e6cd316b8a2f5b6628cc637a21bba0df2c6a9c7708c36e2d71ddb117563ddf30"
}