reply on: Lease UTXO in Ride The Lightning \ stacker news ~bitcoin

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1563 sats \ 8 replies \ @fanis 16 Feb 2023 \ on: Lease UTXO in Ride The Lightning bitcoin

To "lease" an UTXO means to render it unspendable during a 10 minutes window, usually useful when cooperating with others to create a PSBT out of band and avoid spending the same UTXO the collaborative transaction is being signed by everyone. For more resources, see :

this very good explaination on RTL's GitHub) ;
LND's docs.

It looks like you're looking at the on-chain section of RTL. To fee bump the closing transaction of a channel, I believe it is in the Lightning > Peers/channels section, under the "Pending" tab (not sure tho, never had to do this in RTL).

Cheers!

0 sats \ 7 replies \ @t4es5ter5 OP 16 Feb 2023

Thanks a lot. Unfortunately the transaction cannot be bumped. My lightning node force closed a channel due a national power outage here in Malta. The fee it used for the funds to return is 1sat/vbyte so there might be a problem. It is 5M in sats which are unconfirmed for 5 days now. I don't know what happens when it never will be confirmed because the channel is already closed and the other lightning node is for some reason disappeared. Very coincidence in my opinion. But I believe it can stay in the mempool for quite some time I have to see how this ends. Again thanks for your reply.

0 sats \ 6 replies \ @fanis 16 Feb 2023

May I ask what setup you're using? Is it LND on Umbrel, something else? Seems like pretty bad fee estimation by the software, which seems odd. Feel free to reach out to me in a private manner, either on Twitter or nostr. Happy to help if I can.

0 sats \ 5 replies \ @t4es5ter5 OP 16 Feb 2023

Umbrel

0 sats \ 4 replies \ @t4es5ter5 OP 16 Feb 2023

This is the transaction: https://mempool.space/tx/03fb091c5462dc7945c77a1d6c1b5ace823a8b5c889bb1c2aabfc607d55ae0f6

This is the channel: https://mempool.space/lightning/channel/847141823465324544

30 sats \ 3 replies \ @fanis 16 Feb 2023

Be careful when posting this kind of info online, as anyone will be able to track down where the funds came from and link them to your SN pseudo and any other intel you'll let transpire.

I think you should be able to fee bump the transaction with RBF, using the command line.

Running

docker exec lightning_lnd_1 lncli wallet bumpfee ----sat_per_vbyte 10 03fb091c5462dc7945c77a1d6c1b5ace823a8b5c889bb1c2aabfc607d55ae0f6:0

should do the trick. Feel free to fine tune the sat per byte value depending on whether you're in a hurry or not. 5 sats/vB might be enough to get in in a few blocks.

I don't know how technical you are exactly, so feel free to reach out if you need help.

0 sats \ 2 replies \ @t4es5ter5 OP 16 Feb 2023

Thanks. Have tried to reach you on nostr with luck. The bump command did not do anything. Not an error but nothing changed. I used 35 sat/vbyte btw