30 sats \ 2 replies \ @TonyGiorgio 25 May \ on: Greenlight / phoenix censorship risk question lightning
In theory there could be third party watch towers but nobody's really deployed those yet.
So in this case the watchtowers would also store the channel state backups?
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They would watch the chain to make sure the funds were not improperly redeemed by the LSP. They would submit the redemption transaction giving you your funds back (all channel funds actually).
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