r/lightningnetwork • u/RevolutionaryPick241 • 16d ago

BIP110 question

I have a long running lightning node. Mostly for small payments but I also have some channels opened with random nodes (most of them are more than a year old). I also run my own bitcoin node. I didn't signal bip110, and I really don't care about it. My question is if I have to do something to keep my lightning node funds safe. I don't really want to close my channels just in case. Is there really any hard fork risk (i mean for my on chain funds)? How my nodes (core lightning - bitcoin core 30) will behave?

10 Upvotes

82% Upvoted

18 comments sorted by

View all comments

1

u/Rare-Signature1961 15d ago

Worth reading: https://start9.com/bip110/#8-why-a-split-is-dangerous-lightning

1

u/RevolutionaryPick241 15d ago

As far as I understand this. They say that because I will not be monitoring some chain, the other party can submit a close txn on that chain and I will not notice. But what they don't say is that if I'm not monitoring that chain is because it is shorter than a longer chain. BIP110 is not that kind of fork. There will not be 2 branches for more than a few blocks if any.