RIADeFi
Not approved · Other

Ketju memo: Lightning Network

Not approvedPublished by Ketju Research

This memo sets out what the holder owns, who controls it, how holders could lose money, and whether a position can be sold. The advisor decides any client action and amount. Not investment, legal, tax, or compliance advice.

Summary

Ketju does not approve the Lightning Network as a client position: earning routing or lease fees requires running a hot node as an operating business. The operator must keep the node online, choose peers, balance inbound and outbound liquidity, manage backups and watch for broadcasts of revoked states. Lightning is valuable payment infrastructure for Bitcoin, and Ketju approves the underlying asset and base chain. Public channel capacity still does not measure a passive position an advisor can buy.

Review triggers

  • A separate mandate for a sophisticated client authorizes Lightning routing as an operating business with node, key, peer, liquidity and loss limits
  • A named wallet or Lightning service passes Ketju’s provider review for payment use
  • A cooperative and a unilateral close at the proposed size complete within the documented fee and time limits
  • Ketju reviews Lightning at once after any lost channel state, missed breach remedy or unrecoverable node key

Facts

Verdict
Not approved
Type
Other
Chains examined
Bitcoin
Reviewed
Last confirmed

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