1 // This file is Copyright its original authors, visible in version control
4 // This file is licensed under the Apache License, Version 2.0 <LICENSE-APACHE
5 // or http://www.apache.org/licenses/LICENSE-2.0> or the MIT license
6 // <LICENSE-MIT or http://opensource.org/licenses/MIT>, at your option.
7 // You may not use this file except in accordance with one or both of these
10 //! Traits and utility impls which allow other parts of rust-lightning to interact with the
13 //! Includes traits for monitoring and receiving notifications of new blocks and block
14 //! disconnections, transaction broadcasting, and feerate information requests.
16 use core::{cmp, ops::Deref};
18 use crate::prelude::*;
20 use bitcoin::blockdata::transaction::Transaction;
22 // TODO: Define typed abstraction over feerates to handle their conversions.
23 pub(crate) fn compute_feerate_sat_per_1000_weight(fee_sat: u64, weight: u64) -> u32 {
24 (fee_sat * 1000 / weight).try_into().unwrap_or(u32::max_value())
26 pub(crate) const fn fee_for_weight(feerate_sat_per_1000_weight: u32, weight: u64) -> u64 {
27 ((feerate_sat_per_1000_weight as u64 * weight) + 1000 - 1) / 1000
30 /// An interface to send a transaction to the Bitcoin network.
31 pub trait BroadcasterInterface {
32 /// Sends a list of transactions out to (hopefully) be mined.
33 /// This only needs to handle the actual broadcasting of transactions, LDK will automatically
34 /// rebroadcast transactions that haven't made it into a block.
36 /// In some cases LDK may attempt to broadcast a transaction which double-spends another
37 /// and this isn't a bug and can be safely ignored.
39 /// If more than one transaction is given, these transactions should be considered to be a
40 /// package and broadcast together. Some of the transactions may or may not depend on each other,
41 /// be sure to manage both cases correctly.
43 /// Bitcoin transaction packages are defined in BIP 331 and here:
44 /// <https://github.com/bitcoin/bitcoin/blob/master/doc/policy/packages.md>
45 fn broadcast_transactions(&self, txs: &[&Transaction]);
48 /// An enum that represents the priority at which we want a transaction to confirm used for feerate
50 #[derive(Clone, Copy, Debug, Hash, PartialEq, Eq)]
51 pub enum ConfirmationTarget {
52 /// We have some funds available on chain which we need to spend prior to some expiry time at
53 /// which point our counterparty may be able to steal them. Generally we have in the high tens
54 /// to low hundreds of blocks to get our transaction on-chain, but we shouldn't risk too low a
55 /// fee - this should be a relatively high priority feerate.
57 /// This is the lowest feerate we will allow our channel counterparty to have in an anchor
58 /// channel in order to close the channel if a channel party goes away.
60 /// This needs to be sufficient to get into the mempool when the channel needs to
61 /// be force-closed. Setting too high may result in force-closures if our counterparty attempts
62 /// to use a lower feerate. Because this is for anchor channels, we can always bump the feerate
63 /// later; the feerate here only needs to be sufficient to enter the mempool.
65 /// A good estimate is the expected mempool minimum at the time of force-closure. Obviously this
66 /// is not an estimate which is very easy to calculate because we do not know the future. Using
67 /// a simple long-term fee estimate or tracking of the mempool minimum is a good approach to
68 /// ensure you can always close the channel. A future change to Bitcoin's P2P network
69 /// (package relay) may obviate the need for this entirely.
70 MinAllowedAnchorChannelRemoteFee,
71 /// The lowest feerate we will allow our channel counterparty to have in a non-anchor channel.
73 /// This is the feerate on the transaction which we (or our counterparty) will broadcast in
74 /// order to close the channel if a channel party goes away. Setting this value too high will
75 /// cause immediate force-closures in order to avoid having an unbroadcastable state.
77 /// This feerate represents the fee we pick now, which must be sufficient to enter a block at an
78 /// arbitrary time in the future. Obviously this is not an estimate which is very easy to
79 /// calculate. This can leave channels subject to being unable to close if feerates rise, and in
80 /// general you should prefer anchor channels to ensure you can increase the feerate when the
81 /// transactions need broadcasting.
83 /// Do note some fee estimators round up to the next full sat/vbyte (ie 250 sats per kw),
84 /// causing occasional issues with feerate disagreements between an initiator that wants a
85 /// feerate of 1.1 sat/vbyte and a receiver that wants 1.1 rounded up to 2. If your fee
86 /// estimator rounds subtracting 250 to your desired feerate here can help avoid this issue.
88 /// [`ChannelConfig::max_dust_htlc_exposure`]: crate::util::config::ChannelConfig::max_dust_htlc_exposure
89 MinAllowedNonAnchorChannelRemoteFee,
90 /// This is the feerate on the transaction which we (or our counterparty) will broadcast in
91 /// order to close the channel if a channel party goes away.
93 /// This needs to be sufficient to get into the mempool when the channel needs to
94 /// be force-closed. Setting too low may result in force-closures. Because this is for anchor
95 /// channels, it can be a low value as we can always bump the feerate later.
97 /// A good estimate is the expected mempool minimum at the time of force-closure. Obviously this
98 /// is not an estimate which is very easy to calculate because we do not know the future. Using
99 /// a simple long-term fee estimate or tracking of the mempool minimum is a good approach to
100 /// ensure you can always close the channel. A future change to Bitcoin's P2P network
101 /// (package relay) may obviate the need for this entirely.
103 /// Lightning is built around the ability to broadcast a transaction in the future to close our
104 /// channel and claim all pending funds. In order to do so, non-anchor channels are built with
105 /// transactions which we need to be able to broadcast at some point in the future.
107 /// This feerate represents the fee we pick now, which must be sufficient to enter a block at an
108 /// arbitrary time in the future. Obviously this is not an estimate which is very easy to
109 /// calculate, so most lightning nodes use some relatively high-priority feerate using the
110 /// current mempool. This leaves channels subject to being unable to close if feerates rise, and
111 /// in general you should prefer anchor channels to ensure you can increase the feerate when the
112 /// transactions need broadcasting.
114 /// Since this should represent the feerate of a channel close that does not need fee
115 /// bumping, this is also used as an upper bound for our attempted feerate when doing cooperative
116 /// closure of any channel.
118 /// When cooperatively closing a channel, this is the minimum feerate we will accept.
119 /// Recommended at least within a day or so worth of blocks.
121 /// This will also be used when initiating a cooperative close of a channel. When closing a
122 /// channel you can override this fee by using
123 /// [`ChannelManager::close_channel_with_feerate_and_script`].
125 /// [`ChannelManager::close_channel_with_feerate_and_script`]: crate::ln::channelmanager::ChannelManager::close_channel_with_feerate_and_script
129 /// A trait which should be implemented to provide feerate information on a number of time
132 /// If access to a local mempool is not feasible, feerate estimates should be fetched from a set of
133 /// third-parties hosting them. Note that this enables them to affect the propagation of your
134 /// pre-signed transactions at any time and therefore endangers the safety of channels funds. It
135 /// should be considered carefully as a deployment.
137 /// Note that all of the functions implemented here *must* be reentrant-safe (obviously - they're
138 /// called from inside the library in response to chain events, P2P events, or timer events).
139 pub trait FeeEstimator {
140 /// Gets estimated satoshis of fee required per 1000 Weight-Units.
142 /// LDK will wrap this method and ensure that the value returned is no smaller than 253
143 /// (ie 1 satoshi-per-byte rounded up to ensure later round-downs don't put us below 1 satoshi-per-byte).
145 /// The following unit conversions can be used to convert to sats/KW:
146 /// * satoshis-per-byte * 250
147 /// * satoshis-per-kbyte / 4
148 fn get_est_sat_per_1000_weight(&self, confirmation_target: ConfirmationTarget) -> u32;
151 /// Minimum relay fee as required by bitcoin network mempool policy.
152 pub const MIN_RELAY_FEE_SAT_PER_1000_WEIGHT: u64 = 4000;
153 /// Minimum feerate that takes a sane approach to bitcoind weight-to-vbytes rounding.
154 /// See the following Core Lightning commit for an explanation:
155 /// <https://github.com/ElementsProject/lightning/commit/2e687b9b352c9092b5e8bd4a688916ac50b44af0>
156 pub const FEERATE_FLOOR_SATS_PER_KW: u32 = 253;
158 /// Wraps a `Deref` to a `FeeEstimator` so that any fee estimations provided by it
159 /// are bounded below by `FEERATE_FLOOR_SATS_PER_KW` (253 sats/KW).
161 /// Note that this does *not* implement [`FeeEstimator`] to make it harder to accidentally mix the
163 pub(crate) struct LowerBoundedFeeEstimator<F: Deref>(pub F) where F::Target: FeeEstimator;
165 impl<F: Deref> LowerBoundedFeeEstimator<F> where F::Target: FeeEstimator {
166 /// Creates a new `LowerBoundedFeeEstimator` which wraps the provided fee_estimator
167 pub fn new(fee_estimator: F) -> Self {
168 LowerBoundedFeeEstimator(fee_estimator)
171 pub fn bounded_sat_per_1000_weight(&self, confirmation_target: ConfirmationTarget) -> u32 {
173 self.0.get_est_sat_per_1000_weight(confirmation_target),
174 FEERATE_FLOOR_SATS_PER_KW,
181 use super::{FEERATE_FLOOR_SATS_PER_KW, LowerBoundedFeeEstimator, ConfirmationTarget, FeeEstimator};
183 struct TestFeeEstimator {
187 impl FeeEstimator for TestFeeEstimator {
188 fn get_est_sat_per_1000_weight(&self, _: ConfirmationTarget) -> u32 {
194 fn test_fee_estimator_less_than_floor() {
195 let sat_per_kw = FEERATE_FLOOR_SATS_PER_KW - 1;
196 let test_fee_estimator = &TestFeeEstimator { sat_per_kw };
197 let fee_estimator = LowerBoundedFeeEstimator::new(test_fee_estimator);
199 assert_eq!(fee_estimator.bounded_sat_per_1000_weight(ConfirmationTarget::AnchorChannelFee), FEERATE_FLOOR_SATS_PER_KW);
203 fn test_fee_estimator_greater_than_floor() {
204 let sat_per_kw = FEERATE_FLOOR_SATS_PER_KW + 1;
205 let test_fee_estimator = &TestFeeEstimator { sat_per_kw };
206 let fee_estimator = LowerBoundedFeeEstimator::new(test_fee_estimator);
208 assert_eq!(fee_estimator.bounded_sat_per_1000_weight(ConfirmationTarget::AnchorChannelFee), sat_per_kw);