JBINZALA on Nostr: How is the funds that I own on a node allocated to just me? Is it locked there? If a ...
How is the funds that I own on a node allocated to just me? Is it locked there? If a channel has a limit of 10m sats open and I keep 5m sats, can whole 10m move to the other side of the channel or will 5m be locked to only if I move the sats?
Sorry getting a bit confused as I know how to open and close channels and how lightning works, but I don’t understand the self custody part of it - OneKey does self custody cold wallets for lightning but it never made sense to me, besides yes we have to use our private key to sign for a transaction, but my confusion is does my private key itself hold the funds locked in a channels capacity or how does that work, as in bitcoin L1 it says in the outputs on a public address I own.
Sorry getting a bit confused as I know how to open and close channels and how lightning works, but I don’t understand the self custody part of it - OneKey does self custody cold wallets for lightning but it never made sense to me, besides yes we have to use our private key to sign for a transaction, but my confusion is does my private key itself hold the funds locked in a channels capacity or how does that work, as in bitcoin L1 it says in the outputs on a public address I own.