Difference between revisions of "Closing channels"
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= The unfriendly way way: Forced close = | = The unfriendly way way: Forced close = | ||
Closing a channel using "--force" results in a '''unilateral close'''. This makes the funds ([[Channel policy|temporarily]]) unavailable to the closing party. | Closing a channel using "--force" results in a '''unilateral close'''. This makes the funds ([[Channel policy|temporarily]]) unavailable to the closing party, there is a [[Delays|delay]]. |
Latest revision as of 08:39, 6 March 2019
There are several ways of closing a channel. In general: a friendly and unfriendly way.
The friendly way: Mutual close
If two parties consent to close the channel, they broadcast the spend of a Funding transaction.
The unfriendly way way: Forced close
Closing a channel using "--force" results in a unilateral close. This makes the funds (temporarily) unavailable to the closing party, there is a delay.