yort on Nostr: still no one has answered my lightning question 😥 can someone explain simply all ...
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- i heard that if your node is offline that someone can force close, and then present an outdated channel state that benefits them?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?
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- i heard that if your node is offline that someone can force close, and then present an outdated channel state that benefits them?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?