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LND onchain fees management
545 sats \ 4 comments \ @lnfan7 21 May 2023 bitcoin freebie
With the current fees being high I'm trying to save some sats by doing as few transactions as possible.
Do you know if it is possible to import external private keys into LND? Is this not recommended for some reason?
Is there a way to close a channel to an external address in LND?
Thanks for your inputs
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161 sats \ 0 replies \ @benthecarman 21 May 2023
They use something different than bip39 so I don't think it's possible to import.
You can close channels to an external address
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119 sats \ 2 replies \ @DarthCoin 21 May 2023
Do you know if it is possible to import external private keys into LND?
So you want to sweep from other wallet? Maybe is possible if you import your LND wallet into Sparrow, and from there find the way to sweep some privkey.
Is this not recommended for some reason?
I would not do it. Is useless anyways.
Is there a way to close a channel to an external address in LND?
No, as far I know, the closing channel tx is linked to your nodeID keys.
But what is possible is to open a channel with a tx from another wallet, out of your LND node.
I'm trying to save some sats by doing as few transactions as possible.
So why not use LN channels?
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161 sats \ 1 reply \ @lnfan7 OP 21 May 2023
What I do now is sending funds from cold wallet to LND and then I open a channel with a second onchain transaction. And I do the same on the way back. I'd love to just open a channel directly with the uxto controlled by the cold wallet instead.
I'll try with Sparrow. Thanks
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58 sats \ 0 replies \ @DarthCoin 21 May 2023
You can use BOS or GUI BOS by Nitesh to open channels from your cold wallet. https://github.com/niteshbalusu11/lndboss
I personally do not like that. I like to use the 3 levels stash: hodl, cache (nodes), LN spending. But I understand you "pain" that you want to avoid that intermediary transfer from cold wallet to node wallet and then open a LN channel.
https://i.postimg.cc/MTL2kvT0/3level-stash.jpg
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