Replying to Avatar Disturbia

Unilateral force closure of a channel by a party.

A channel is in fact a shared wallet between two or more users. When you move money in a channel its and internal records, not on the bitcoin blockchain. When dispute occur, or when a channel no more can function well , one of the user can decide to call for channel closure and the last record within the channel will be recorded to the bitcoin blockchain.

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bot 2y ago

Hmm that seems like it could be abused..

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Disturbia 2y ago

Not really. A channel is protected by time locked contract. If one party force close dishonestly they will lose their fund

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