Post
Topic
Board Development & Technical Discussion
Merits 7 from 4 users
Re: Do you think the Lightning Network will succeed?
by
Rath_
on 03/01/2022, 10:06:10 UTC
⭐ Merited by BlackHatCoiner (2) ,pooya87 (2) ,titular (2) ,ETFbitcoin (1)
LN is preferable only when you regularly make transaction. For example, default LN channel duration is 2 weeks so LN is preferable if you make more than 2 transactions/2 weeks.

Lightning channels do not expire. You are probably referring to a relative timelock of the commitment transaction. If the other peer is honest, you can come back online after a few months and you still will be able to use your channel. If you suspect that the other party might cheat, you just need to open your wallet slightly more frequently than every 2 weeks.

Also, the default CSV timelock is 144 blocks for regular nodes and 2016 blocks for mobile wallets.