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12 sats \ 17 replies \ @OgFOMK 4 Dec 2023 \ on: Has Lightning Failed? bitcoin
I'm running a lightning node and I have closed channels that will never settle. It's about 2,000,000 sats. To me it's time that I spent earning that I will never recover. I hope they will settle but I'm not holding my breath. On chain Bitcoin is amazing because if my full node goes down someone else has the time chain. Lightning is dependant on the parties running the nodes and if one or both go down the funds are lost.
The funds shouldn’t be lost if nodes go down. You can force close the channel and get the funds back. If your closing fee is too low, issue a CPFP to bump the fee.
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I'll try it. I haven't used the shell for about 8 months. Time to dig deep and learn more.
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You can also bump tx through mempool.space's accelerator.
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It doesn't look like it is functional yet. Do you have a link?
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In the case of a force close, we can use the command lncli wallet bumpclosefee to create a CPFP transaction that spends the outputs of our channel closure transaction. You will only be able to make use of this command if it was created as an anchor channel. To run the command successfully, you will need to specify the channel point of the channel that is being force closed.
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I'm using start 9 with CLN.
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Thank you for this pointer.
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You have to select your tx on their mempool, then next to 'Expected' there's a button Accelerate.
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What if the transactions are not in the mempool?
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Then your channel close tx was already dropped by most mempools. Try to close it again.
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That ship has left is port. It's been almost a year now. I just have my lightning node with a UTXO of 40,000b data with zero confirmation.
The others are still available via mempool.
I can only admit that I'm not so smart and that the guy in the mirror is my enemy sometimes.
Aha! I was trying to remember this. Thanks.
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Why won't they settle?
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