Guilty Spark asked over 3 years ago

How channel close and force close fee determined?

When opening a channel I set the fee to 1sat/vbyte. When closing the channel Umbrel does not ask for the fee that I want to set. Why not? Is the fee pre-determined?
What if the mempool becomes very busy and you need to close the channel, but the fee is automatically 1sat/vbyte?
Is the force-close fee higher, and by how much?

1 Comment

LibertyBull wrote over 3 years ago

On RTL and Thunderhub you can set a custom fee for a co-operative close.

Currently with LN you can't set a custom fee for forced closes, although that is supposed to be coming eventually.

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