Topic: Lightning channel DISCONNECTED from coingate -- how to recover unspent funds? (Read 89 times)
October 01, 2022, 06:29:32 AM
Thanks again to nc50lc and to this forum for your help!
September 30, 2022, 11:32:37 PM
I'm using electrum 4.2.2, however the channel was created with version 4.0.9. How do I know if the backup file it creates uses a non-static backup? Or, what does it mean that the backup is "non-static"? The application says that the channel type is STATIC_REMOTEKEY. There's also notation that says "This channel cannot be recovered from seed. You must manually back it up." Do any of things definitively tell you if it is of the non-"safe" type for performing a force close?
Wallet file backups created via menu "File->Save backup", will contain static channel backups;While creating a backup by directly copying your wallet file from "electrum/wallets" directory will backup active channels.
The former which has a static backup will only have one option: "Request force-close", which is "safe" even if it's outdated bec. the remote node will initiate the force-close.
A restored wallet from the latter "could" have an issue if Force-closed when there's at least one lightning transaction done after that backup bec. it will broadcast with outdated channel funds.
For wallets that's actively used (not restored from a backup), there shouldn't be any issue with force-close.
Basically, the to-be-closed channel should be at its latest state for you to safely initiate force-close.
Quote from: cdoug
Earlier today I received a reply from coingate that included: "We are aware of the performance issues on the LN network. Our team are working on a resolution for this and will have it solved ASAP.".
Within the last few hours the ability to select the lightning network for bitcoin payments on their web interface was returned, and I was able to complete my payment (acknowledged by the vendor) using the lightning network.
It's good to know that the issue is at their end and you don't have to force-close your channel. Within the last few hours the ability to select the lightning network for bitcoin payments on their web interface was returned, and I was able to complete my payment (acknowledged by the vendor) using the lightning network.
September 30, 2022, 06:51:33 PM
Thank you for your reply.
Earlier today I received a reply from coingate that included: "We are aware of the performance issues on the LN network. Our team are working on a resolution for this and will have it solved ASAP.".
Within the last few hours the ability to select the lightning network for bitcoin payments on their web interface was returned, and I was able to complete my payment (acknowledged by the vendor) using the lightning network.
I'm using electrum 4.2.2, however the channel was created with version 4.0.9. How do I know if the backup file it creates uses a non-static backup? Or, what does it mean that the backup is "non-static"? The application says that the channel type is STATIC_REMOTEKEY. There's also notation that says "This channel cannot be recovered from seed. You must manually back it up." Do any of things definitively tell you if it is of the non-"safe" type for performing a force close?
Is there any advantage, since the channel connection is now active, in force-closing the channel, upgrading, and then establishing a new channel?
Thank you again for your help,
Chris
Earlier today I received a reply from coingate that included: "We are aware of the performance issues on the LN network. Our team are working on a resolution for this and will have it solved ASAP.".
Within the last few hours the ability to select the lightning network for bitcoin payments on their web interface was returned, and I was able to complete my payment (acknowledged by the vendor) using the lightning network.
Force-close is safe as long as your channel isn't outdated (e.g. from old-oudated wallet file backup with non-static channel backup)
I'm using electrum 4.2.2, however the channel was created with version 4.0.9. How do I know if the backup file it creates uses a non-static backup? Or, what does it mean that the backup is "non-static"? The application says that the channel type is STATIC_REMOTEKEY. There's also notation that says "This channel cannot be recovered from seed. You must manually back it up." Do any of things definitively tell you if it is of the non-"safe" type for performing a force close?
Is there any advantage, since the channel connection is now active, in force-closing the channel, upgrading, and then establishing a new channel?
Thank you again for your help,
Chris
September 29, 2022, 11:09:20 PM
Force-close is safe as long as your channel isn't outdated (e.g. from old-oudated wallet file backup with non-static channel backup)
It's been a long time since I forced-closed a channel but my latest test in testnet resulted in 144blocks (approx. 1 day).
After force-closing it, you'll not directly get the funds
but a local transaction labeled "our_ctx_to_local" will be saved and will be automatically broadcast after the set locktime (if the wallet is running).
Is there any new inbound transaction appeared when you opened your Electrum after being offline for a week?
It's been a long time since I forced-closed a channel but my latest test in testnet resulted in 144blocks (approx. 1 day).
After force-closing it, you'll not directly get the funds
but a local transaction labeled "our_ctx_to_local" will be saved and will be automatically broadcast after the set locktime (if the wallet is running).
-snip- and I guess they've closed their end of lightning channels.
If they forced-closed it at their end, you should have received your part of the channel's funds to your 'On-chain' funds and the channel's status should change to "REDEEMED".Is there any new inbound transaction appeared when you opened your Electrum after being offline for a week?
September 29, 2022, 10:35:30 PM
I have a BTC lighting channel that's DISCONNECTED. I've never closed a BTC lightning channel before and want to know how to recover the unspent funds. I've looked far and wide, but can't find anything useful that explains this. I see "Force-close channel" as an option, but is that safe to use? And if so, how long does it usually take to recover those funds?
Background: I've had an open BTC lightning channel with coingate for almost two years that I've been making a monthly subscription payment from. Electrum hasn't been running for probably a week. In the meantime coingate has apparently quietly withdrawn from using the lightning network--the option to pay invoices with the lightning wallet has been removed from their interface, they haven't responded to queries about it (so far), and I guess they've closed their end of lightning channels (or whatever they've done has caused an electrum indication of DISCONNECTED on my end).
Thank you for your help,
Chris
Background: I've had an open BTC lightning channel with coingate for almost two years that I've been making a monthly subscription payment from. Electrum hasn't been running for probably a week. In the meantime coingate has apparently quietly withdrawn from using the lightning network--the option to pay invoices with the lightning wallet has been removed from their interface, they haven't responded to queries about it (so far), and I guess they've closed their end of lightning channels (or whatever they've done has caused an electrum indication of DISCONNECTED on my end).
Thank you for your help,
Chris
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