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Author Topic: how to speed up LN channel opening transation  (Read 64 times)
couchsurfing (OP)
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March 13, 2023, 04:36:52 AM
Last edit: March 13, 2023, 10:08:07 AM by couchsurfing
 #1

I went cheap on a channel open tx fee. By umbrel Thunderhub.
It's been about 2 days, it's stucked.
Is it possible I losing those btc?


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I've import umbel wallet to sparrow:https://community.getumbrel.com/t/how-to-restore-your-node-wallet-updated/3602
LoyceV
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March 13, 2023, 10:15:15 AM
 #2

Impossible. It's either,
1. Your TX will be confirmed later.
2. Your TX dropped by most node (after 14 days or purged due to many TX with higher fee rate), which is equal with never sending your BTC in first place.
I've seen a third option: the node force closed the channel, which forced a CPFP at much higher fee back into my own wallet.

@OP: If you have change from the transaction that opened the channel, you can do CPFP yourself. Send the change to one of your own addresses with a higher fee.

nc50lc
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March 14, 2023, 11:22:59 AM
 #3

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I've import umbel wallet to sparrow:https://community.getumbrel.com/t/how-to-restore-your-node-wallet-updated/3602
Then it should be able to see the unconfirmed transaction.
Right-click on "Unconfirmed" and select "Increase fee (CPFP)" and proceed to create a transaction that'll bump its fee rate.
Sparrow has the capability to CPFP your outbound transactions if it has enough change.

It's what LoyceV suggested in the post above.

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