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0 sats \ 3 replies \ @premitive1 30 May 2022 \ on: Ask SN: what's a Bitcoin/LN topic you want explained? bitcoin
What happens to users' LBTC if the lightning channel hosting the liquidity on a wallet like Breez or Muun closes?
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0 sats \ 2 replies \ @Semisol OP 30 May 2022
When a normal (no hosted channels or custodial services) channel gets closed, funds are sent according to the last state at the time of closure to the corresponding parties. So if you had 50000 sats in a channel and it closed, you get 50000 sats minus chain fees.
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0 sats \ 1 reply \ @premitive1 30 May 2022
Let's say those 50000 sats are in someone else's channel though, not a channel I directly control.
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0 sats \ 0 replies \ @Semisol OP 30 May 2022
Then they get the sats not you
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