SLEEPYGOPHER asked almost 2 years ago

Recovering 2 channels that are funded

I connected with a peer, opened two channels and funded them. The peer is not interested in doing swaps.
How can I get sats back?
What are the commands I need to make to cancel these channels and retrieve my sats?

8 Comments

LN+ Admin wrote almost 2 years ago

You can cooperatively close any channel if your peer is online. This way you get your funds back on chain immediately (after the first confirmation).

If they are offline you can force close the channel, but you will need to wait some time until you get the funds back. This is to ensure you don't transmit a previous channel state, and they or their watchtower have time to contest the channel close transaction.

SLEEPYGOPHER wrote almost 2 years ago

What is the procedure for cooperatively closing a channel? It is not stated anywhere.
What are the commands I need to make to cancel these channels and retrieve my sats?

LN+ Admin wrote almost 2 years ago

Depends on the app you use. Just close the channel.

SLEEPYGOPHER wrote almost 2 years ago

as I use CLN, just closing the channel can led to loss of funds and their forums are unfriendly, and they dont have a close channel command #justsaying

SinbadTheSailor wrote almost 2 years ago

https://lightning.readthedocs.io/lightning-close.7.html

SLEEPYGOPHER wrote almost 2 years ago

Okay thanks

ABACUS wrote almost 2 years ago

Also @sleepygopher looking at your node, you only have a IPv6 clearnet address.. this is going to prevent MANY people from connecting with you. IPv6 rollout is still pretty narrow in general.

SLEEPYGOPHER wrote almost 2 years ago

Yes I know, I am going to close the nodes, re-image my system with Ubuntu and hopefully I can get IPv4, v6 and tor working and I wont have these problems. I was using MX-Linux when I decided to go Lightning Network. I like MX however it does not support systemd so I have to start over again and make a profit.

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