On paper, the Lightning Network is designed to make Bitcoin a lot more versatile. The world’s leading cryptocurrency struggles when it comes to smaller transactions and payments. With the LN technology, that situation can be rectified in the near future. However, there are still users who lose money using this technology due to force-closing payment channels the wrong way. What Went Wrong? A recent Reddit thread confirmed how one Bitcoin Lightning Network user lost roughly 4 BTC due to a wrong course of action. More specifically, he had an open payment channel which he decided to force-close. This is a
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