Hello Bitcoin :-) - page 2. | Bitcointalksearch.org

AB de Royse777

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Quote from: Findingnemo on November 18, 2023, 12:46:41 PM

have to be sent from Multi signature wallet to another address then create a lightning channel.

Considering the amounts that will need to move, I do not feel safe. It worth for me to wait until everything become normal again. Hope it become normal soon.

Quote

ORDI hype

Another taproot project?

Findingnemo

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Bitcoin = Financial freedom

Technically multi-signature wallets can create Lightning channels too (correct me if I am wrong guys), but the feature is not available in the wallets we use for example in Electrum.

The feature is available in some wallets like Muun Wallet which is 2 of 2 multi sig wallet.

For now, all we can do is wait for the ORDI hype to be over then the fee will be back to normal until the payments can be postponed or have to be sent from Multi signature wallet to another address then create a lightning channel.

AB de Royse777

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Quote from: BlackHatCoiner on November 18, 2023, 12:35:10 PM

Quote from: AB de Royse777 on November 18, 2023, 12:27:14 PM

Let it continue like this and soon I will have more unconfirmed transactions.

Wait until we all delete unconfirmed transactions more than 2 weeks old. It'll be fun, I swear. Tongue

The emoji explains the fun LOL.
If that happens I will need to spend a full half of a day to collect addresses, check which ones were deleted and then again one by one I will need to sign and broadcast. I can not even think of the workload and the stress :-P

0.00063135 BTC (

) total fees to pay for 0.09049253 BTC (

) total amount still seems cheaper though LOL

BlackHatCoiner

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Farewell, Leo

Quote from: AB de Royse777 on November 18, 2023, 12:27:14 PM

Let it continue like this and soon I will have more unconfirmed transactions.

Wait until we all delete unconfirmed transactions more than 2 weeks old. It'll be fun, I swear. Tongue

Yeah, lightning won't work on multi-sig. The point of a multi-sig wallet is the security gained from not having all required private keys in one device. But, lightning requires you to sign commitment transactions (which use inputs from the locked funds) and be online at all times (e.g., for signing a potential penalty transaction). I'm struggling to imagine how it'd work in a multi-sig wallet, especially if we consider the fact that locked funds are locked to multi-sig in the first place!

There is also this explanation: https://bitcoin.stackexchange.com/a/97123/134811.

AB de Royse777

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:-(

Let it continue like this and soon I will have more unconfirmed transactions. A multi-Sig wallet does not allow me to create a lightening channel.

Topic: Hello Bitcoin :-) - page 2. (Read 472 times)