Jason Ansley | Fractional COO | $BTC on Nostr: I did a bit more research on my own and it seems: • Monolithic sent an update_fee ...
I did a bit more research on my own and it seems:
• Monolithic sent an update_fee with a high fee rate (6444 sats/kw) to adapt to current Bitcoin network conditions or their internal policy.
• My Alby Hub node rejected it, citing excessive dust exposure risk for 6.645 million msat in pending transactions.
Unable to reconcile this (e.g., if Monolithic couldn’t lower the fee rate or my node wouldn’t budge),
Monolithic force-closed the channel to avoid being stuck with an unresponsive or risky peer.
• This appears not to be about inactivity or my brief offline period being the sole cause—it’s about a mismatch in how my node (Alby Hub??) and Monolithic handled fee adjustments and risk tolerance with one another
Published at
2025-03-28 02:05:12Event JSON
{
"id": "1bc547819d89b7aae97fe3932b9f9c4422ce232626b95806fa8c89433c6b7bb6",
"pubkey": "e0e92e542d79b28e79c6efe95891d38f49636e48560a8e618b953bded630dfaa",
"created_at": 1743127512,
"kind": 1,
"tags": [
[
"p",
"e0e92e542d79b28e79c6efe95891d38f49636e48560a8e618b953bded630dfaa",
"",
"mention"
],
[
"p",
"4657dfe8965be8980a93072bcfb5e59a65124406db0f819215ee78ba47934b3e",
"",
"mention"
],
[
"p",
"7f5c2b4e48a0e9feca63a46b13cdb82489f4020398d60a2070a968caa818d75d",
"",
"mention"
],
[
"e",
"5474380e5f264436469ab5c5cf1db466b558623cc721a2c9c497aef93e600d20",
"",
"root"
],
[
"e",
"7c873e93f9be7ac33bfea857e440d459f0e3843e53997c3c61865c333d80357c",
"",
"reply"
]
],
"content": "I did a bit more research on my own and it seems: \n\n• Monolithic sent an update_fee with a high fee rate (6444 sats/kw) to adapt to current Bitcoin network conditions or their internal policy.\n\n• My Alby Hub node rejected it, citing excessive dust exposure risk for 6.645 million msat in pending transactions.\nUnable to reconcile this (e.g., if Monolithic couldn’t lower the fee rate or my node wouldn’t budge), \nMonolithic force-closed the channel to avoid being stuck with an unresponsive or risky peer.\n\n• This appears not to be about inactivity or my brief offline period being the sole cause—it’s about a mismatch in how my node (Alby Hub??) and Monolithic handled fee adjustments and risk tolerance with one another",
"sig": "fedafae8fde15c1e1ba32e52e7327466533538ecdff39feef3681df1d43960e55d91a759e8bff517731186d3a8e21bf3f253ab7fe85b6e14c6b4ef01bab071dd"
}