I use the Breez mobile wallet, which I believe is non-custodial. My concern is related to the Lightning Network—specifically, if a payment channel closes or if the node it’s connected to attempts to cheat, how will I be alerted? Is there a way to monitor this, or do I need to check the blockchain regularly to detect any potential cheating? Any insights on how to stay informed and secure would be greatly appreciated.
Hey peeps
pay attention,explore other Lightning Network wallets and compare their features, security measures, and user reviews.
If you have uncertainties about the technology, consider seeking advice from a cryptocurrency expert or financial advisor.
Using a non-custodial wallet like Breez is a smart choice for maintaining control over your funds, and it’s great that you’re thinking about security on the Lightning Network. In the event of a payment channel closing or a node attempting to cheat, the Lightning Network is designed to protect you by broadcasting a transaction to the blockchain, which should trigger your wallet to alert you. Most modern Lightning wallets, including Breez, have built-in mechanisms to notify you if something goes wrong with your channels, so you typically don’t need to manually check the blockchain. Additionally, Breez automatically watches the blockchain for you and will respond appropriately if a channel closure is detected. To further secure yourself, ensure your app is up to date, and consider setting up backup strategies like Watchtowers, which can monitor the network and take action on your behalf if your node is offline. Staying informed by following Lightning Network developments can also help you stay one step ahead of potential issues.