Difference between revisions of "Keys"
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{{TODO|Write more about the keys, key types, how/why to back them up}} | {{TODO|Write more about the keys, key types, how/why to back them up}} | ||
Your Lightning node or wallet will have keys. Look at [[Backup]] for instructions. | |||
= Bitcoin key (on-chain) = | |||
A [[Wallet|wallet]] and [[Node|lightning node]] usually hold bitcoins to open channels. If you backup this key you can get your on-chain balance back. | |||
= Commitment revocation private key = | = Commitment revocation private key = | ||
Every commitment transaction has a unique commitment revocation private-key value that allows the other peer to spend all outputs immediately: revealing this key is how old commitment transactions are revoked. To support revocation, each output of the commitment transaction refers to the commitment revocation public key. | Every commitment transaction has a unique commitment revocation private-key value that allows the other peer to spend all outputs immediately: revealing this key is how old commitment transactions are revoked. To support revocation, each output of the commitment transaction refers to the commitment revocation public key. |
Revision as of 11:05, 17 January 2019
Your Lightning node or wallet will have keys. Look at Backup for instructions.
Bitcoin key (on-chain)
A wallet and lightning node usually hold bitcoins to open channels. If you backup this key you can get your on-chain balance back.
Commitment revocation private key
Every commitment transaction has a unique commitment revocation private-key value that allows the other peer to spend all outputs immediately: revealing this key is how old commitment transactions are revoked. To support revocation, each output of the commitment transaction refers to the commitment revocation public key.