đź’§ Following up on your requests, we increased the timeout periods for the Liquidity Pool Credit Transactions to:
• 7 days for offer acceptance
• 14 days for opening channels
• 14 days for confirming channels
https://lightningnetwork.plus/pool
Reasons:
1. More time in opening channel state allows node operators to batch open multiple channels with one on-chain bitcoin transaction: https://lightningnetwork.plus/posts/456
2. In general on the Lightning Network any new channel opening must be confirmed within 2 weeks, thus the 14 days is in line with this requirement. This is also plenty of time to bump your transaction if needed:
https://lightningnetwork.plus/posts/484
#Bitcoin #LightningNetwork⚡️
LightningNetwork+ / LN+
npub17t…lzsxj
2023-11-17 09:29:35
Author Public Key
npub17tlh448s3tfdfgymehqdkdn52as59qsrax0n9h58pk54wcmqyc2qklzsxjPublished at
2023-11-17 09:29:35Event JSON
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"created_at": 1700213375,
"kind": 1,
"tags": [
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"content": "💧 Following up on your requests, we increased the timeout periods for the Liquidity Pool Credit Transactions to:\n• 7 days for offer acceptance\n• 14 days for opening channels\n• 14 days for confirming channels\nhttps://lightningnetwork.plus/pool\n\nReasons:\n1. More time in opening channel state allows node operators to batch open multiple channels with one on-chain bitcoin transaction: https://lightningnetwork.plus/posts/456\n\n2. In general on the Lightning Network any new channel opening must be confirmed within 2 weeks, thus the 14 days is in line with this requirement. This is also plenty of time to bump your transaction if needed:\nhttps://lightningnetwork.plus/posts/484\n\n#Bitcoin #LightningNetwork⚡️",
"sig": "511ef5fbe52c0795800f4757821d4434e4633858e3717ece1b4eec07448f5a273d35805d4a19ab484c7f807e69e656c9da3953a071ecc3d89b24ac3752bd912e"
}