Fix deadlock when closing an unavailable channel
[rust-lightning] / lightning / src / ln / channel.rs
index e6c55956438aa264eee28751e0d6a35b50efe74f..a61a8de82debecd5906c0ee95bdcdb420aae48f4 100644 (file)
@@ -22,7 +22,7 @@ use bitcoin::secp256k1::{PublicKey,SecretKey};
 use bitcoin::secp256k1::{Secp256k1,ecdsa::Signature};
 use bitcoin::secp256k1;
 
-use crate::ln::{PaymentPreimage, PaymentHash};
+use crate::ln::{ChannelId, PaymentPreimage, PaymentHash};
 use crate::ln::features::{ChannelTypeFeatures, InitFeatures};
 use crate::ln::msgs;
 use crate::ln::msgs::DecodeError;
@@ -66,6 +66,8 @@ pub struct ChannelValueStat {
 }
 
 pub struct AvailableBalances {
+       /// The amount that would go to us if we close the channel, ignoring any on-chain fees.
+       pub balance_msat: u64,
        /// Total amount available for our counterparty to send to us.
        pub inbound_capacity_msat: u64,
        /// Total amount available for us to send to our counterparty.
@@ -300,9 +302,24 @@ enum ChannelState {
        /// We've successfully negotiated a closing_signed dance. At this point ChannelManager is about
        /// to drop us, but we store this anyway.
        ShutdownComplete = 4096,
+       /// Flag which is set on `FundingSent` to indicate this channel is funded in a batch and the
+       /// broadcasting of the funding transaction is being held until all channels in the batch
+       /// have received funding_signed and have their monitors persisted.
+       WaitingForBatch = 1 << 13,
 }
-const BOTH_SIDES_SHUTDOWN_MASK: u32 = ChannelState::LocalShutdownSent as u32 | ChannelState::RemoteShutdownSent as u32;
-const MULTI_STATE_FLAGS: u32 = BOTH_SIDES_SHUTDOWN_MASK | ChannelState::PeerDisconnected as u32 | ChannelState::MonitorUpdateInProgress as u32;
+const BOTH_SIDES_SHUTDOWN_MASK: u32 =
+       ChannelState::LocalShutdownSent as u32 |
+       ChannelState::RemoteShutdownSent as u32;
+const MULTI_STATE_FLAGS: u32 =
+       BOTH_SIDES_SHUTDOWN_MASK |
+       ChannelState::PeerDisconnected as u32 |
+       ChannelState::MonitorUpdateInProgress as u32;
+const STATE_FLAGS: u32 =
+       MULTI_STATE_FLAGS |
+       ChannelState::TheirChannelReady as u32 |
+       ChannelState::OurChannelReady as u32 |
+       ChannelState::AwaitingRemoteRevoke as u32 |
+       ChannelState::WaitingForBatch as u32;
 
 pub const INITIAL_COMMITMENT_NUMBER: u64 = (1 << 48) - 1;
 
@@ -527,12 +544,15 @@ pub(super) struct ReestablishResponses {
 
 /// The return type of `force_shutdown`
 ///
-/// Contains a (counterparty_node_id, funding_txo, [`ChannelMonitorUpdate`]) tuple
-/// followed by a list of HTLCs to fail back in the form of the (source, payment hash, and this
-/// channel's counterparty_node_id and channel_id).
+/// Contains a tuple with the following:
+/// - An optional (counterparty_node_id, funding_txo, [`ChannelMonitorUpdate`]) tuple
+/// - A list of HTLCs to fail back in the form of the (source, payment hash, and this channel's
+/// counterparty_node_id and channel_id).
+/// - An optional transaction id identifying a corresponding batch funding transaction.
 pub(crate) type ShutdownResult = (
        Option<(PublicKey, OutPoint, ChannelMonitorUpdate)>,
-       Vec<(HTLCSource, PaymentHash, PublicKey, [u8; 32])>
+       Vec<(HTLCSource, PaymentHash, PublicKey, ChannelId)>,
+       Option<Txid>
 );
 
 /// If the majority of the channels funds are to the fundee and the initiator holds only just
@@ -594,6 +614,9 @@ pub(crate) const DISCONNECT_PEER_AWAITING_RESPONSE_TICKS: usize = 2;
 /// exceeding this age limit will be force-closed and purged from memory.
 pub(crate) const UNFUNDED_CHANNEL_AGE_LIMIT_TICKS: usize = 60;
 
+/// Number of blocks needed for an output from a coinbase transaction to be spendable.
+pub(crate) const COINBASE_MATURITY: u32 = 100;
+
 struct PendingChannelMonitorUpdate {
        update: ChannelMonitorUpdate,
 }
@@ -602,6 +625,35 @@ impl_writeable_tlv_based!(PendingChannelMonitorUpdate, {
        (0, update, required),
 });
 
+/// The `ChannelPhase` enum describes the current phase in life of a lightning channel with each of
+/// its variants containing an appropriate channel struct.
+pub(super) enum ChannelPhase<SP: Deref> where SP::Target: SignerProvider {
+       UnfundedOutboundV1(OutboundV1Channel<SP>),
+       UnfundedInboundV1(InboundV1Channel<SP>),
+       Funded(Channel<SP>),
+}
+
+impl<'a, SP: Deref> ChannelPhase<SP> where
+       SP::Target: SignerProvider,
+       <SP::Target as SignerProvider>::Signer: ChannelSigner,
+{
+       pub fn context(&'a self) -> &'a ChannelContext<SP> {
+               match self {
+                       ChannelPhase::Funded(chan) => &chan.context,
+                       ChannelPhase::UnfundedOutboundV1(chan) => &chan.context,
+                       ChannelPhase::UnfundedInboundV1(chan) => &chan.context,
+               }
+       }
+
+       pub fn context_mut(&'a mut self) -> &'a mut ChannelContext<SP> {
+               match self {
+                       ChannelPhase::Funded(ref mut chan) => &mut chan.context,
+                       ChannelPhase::UnfundedOutboundV1(ref mut chan) => &mut chan.context,
+                       ChannelPhase::UnfundedInboundV1(ref mut chan) => &mut chan.context,
+               }
+       }
+}
+
 /// Contains all state common to unfunded inbound/outbound channels.
 pub(super) struct UnfundedChannelContext {
        /// A counter tracking how many ticks have elapsed since this unfunded channel was
@@ -637,8 +689,11 @@ pub(super) struct ChannelContext<SP: Deref> where SP::Target: SignerProvider {
 
        user_id: u128,
 
-       channel_id: [u8; 32],
-       temporary_channel_id: Option<[u8; 32]>, // Will be `None` for channels created prior to 0.0.115.
+       /// The current channel ID.
+       channel_id: ChannelId,
+       /// The temporary channel ID used during channel setup. Value kept even after transitioning to a final channel ID.
+       /// Will be `None` for channels created prior to 0.0.115.
+       temporary_channel_id: Option<ChannelId>,
        channel_state: u32,
 
        // When we reach max(6 blocks, minimum_depth), we need to send an AnnouncementSigs message to
@@ -786,6 +841,7 @@ pub(super) struct ChannelContext<SP: Deref> where SP::Target: SignerProvider {
 
        pub(crate) channel_transaction_parameters: ChannelTransactionParameters,
        funding_transaction: Option<Transaction>,
+       is_batch_funding: Option<()>,
 
        counterparty_cur_commitment_point: Option<PublicKey>,
        counterparty_prev_commitment_point: Option<PublicKey>,
@@ -910,7 +966,7 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
 
        /// Returns true if we've ever received a message from the remote end for this Channel
        pub fn have_received_message(&self) -> bool {
-               self.channel_state > (ChannelState::OurInitSent as u32)
+               self.channel_state & !STATE_FLAGS > (ChannelState::OurInitSent as u32)
        }
 
        /// Returns true if this channel is fully established and not known to be closing.
@@ -957,14 +1013,14 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
 
        // Public utilities:
 
-       pub fn channel_id(&self) -> [u8; 32] {
+       pub fn channel_id(&self) -> ChannelId {
                self.channel_id
        }
 
        // Return the `temporary_channel_id` used during channel establishment.
        //
        // Will return `None` for channels created prior to LDK version 0.0.115.
-       pub fn temporary_channel_id(&self) -> Option<[u8; 32]> {
+       pub fn temporary_channel_id(&self) -> Option<ChannelId> {
                self.temporary_channel_id
        }
 
@@ -1126,7 +1182,7 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
 
        // Checks whether we should emit a `ChannelPending` event.
        pub(crate) fn should_emit_channel_pending_event(&mut self) -> bool {
-               self.is_funding_initiated() && !self.channel_pending_event_emitted
+               self.is_funding_broadcast() && !self.channel_pending_event_emitted
        }
 
        // Returns whether we already emitted a `ChannelPending` event.
@@ -1185,9 +1241,11 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                did_channel_update
        }
 
-       /// Returns true if funding_created was sent/received.
-       pub fn is_funding_initiated(&self) -> bool {
-               self.channel_state >= ChannelState::FundingSent as u32
+       /// Returns true if funding_signed was sent/received and the
+       /// funding transaction has been broadcast if necessary.
+       pub fn is_funding_broadcast(&self) -> bool {
+               self.channel_state & !STATE_FLAGS >= ChannelState::FundingSent as u32 &&
+                       self.channel_state & ChannelState::WaitingForBatch as u32 == 0
        }
 
        /// Transaction nomenclature is somewhat confusing here as there are many different cases - a
@@ -1232,7 +1290,8 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                log_trace!(logger, "Building commitment transaction number {} (really {} xor {}) for channel {} for {}, generated by {} with fee {}...",
                        commitment_number, (INITIAL_COMMITMENT_NUMBER - commitment_number),
                        get_commitment_transaction_number_obscure_factor(&self.get_holder_pubkeys().payment_point, &self.get_counterparty_pubkeys().payment_point, self.is_outbound()),
-                       log_bytes!(self.channel_id), if local { "us" } else { "remote" }, if generated_by_local { "us" } else { "remote" }, feerate_per_kw);
+                       &self.channel_id,
+                       if local { "us" } else { "remote" }, if generated_by_local { "us" } else { "remote" }, feerate_per_kw);
 
                macro_rules! get_htlc_in_commitment {
                        ($htlc: expr, $offered: expr) => {
@@ -1256,10 +1315,10 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                                                feerate_per_kw as u64 * htlc_timeout_tx_weight(self.get_channel_type()) / 1000
                                        };
                                        if $htlc.amount_msat / 1000 >= broadcaster_dust_limit_satoshis + htlc_tx_fee {
-                                               log_trace!(logger, "   ...including {} {} HTLC {} (hash {}) with value {}", if $outbound { "outbound" } else { "inbound" }, $state_name, $htlc.htlc_id, log_bytes!($htlc.payment_hash.0), $htlc.amount_msat);
+                                               log_trace!(logger, "   ...including {} {} HTLC {} (hash {}) with value {}", if $outbound { "outbound" } else { "inbound" }, $state_name, $htlc.htlc_id, &$htlc.payment_hash, $htlc.amount_msat);
                                                included_non_dust_htlcs.push((htlc_in_tx, $source));
                                        } else {
-                                               log_trace!(logger, "   ...including {} {} dust HTLC {} (hash {}) with value {} due to dust limit", if $outbound { "outbound" } else { "inbound" }, $state_name, $htlc.htlc_id, log_bytes!($htlc.payment_hash.0), $htlc.amount_msat);
+                                               log_trace!(logger, "   ...including {} {} dust HTLC {} (hash {}) with value {} due to dust limit", if $outbound { "outbound" } else { "inbound" }, $state_name, $htlc.htlc_id, &$htlc.payment_hash, $htlc.amount_msat);
                                                included_dust_htlcs.push((htlc_in_tx, $source));
                                        }
                                } else {
@@ -1270,10 +1329,10 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                                                feerate_per_kw as u64 * htlc_success_tx_weight(self.get_channel_type()) / 1000
                                        };
                                        if $htlc.amount_msat / 1000 >= broadcaster_dust_limit_satoshis + htlc_tx_fee {
-                                               log_trace!(logger, "   ...including {} {} HTLC {} (hash {}) with value {}", if $outbound { "outbound" } else { "inbound" }, $state_name, $htlc.htlc_id, log_bytes!($htlc.payment_hash.0), $htlc.amount_msat);
+                                               log_trace!(logger, "   ...including {} {} HTLC {} (hash {}) with value {}", if $outbound { "outbound" } else { "inbound" }, $state_name, $htlc.htlc_id, &$htlc.payment_hash, $htlc.amount_msat);
                                                included_non_dust_htlcs.push((htlc_in_tx, $source));
                                        } else {
-                                               log_trace!(logger, "   ...including {} {} dust HTLC {} (hash {}) with value {}", if $outbound { "outbound" } else { "inbound" }, $state_name, $htlc.htlc_id, log_bytes!($htlc.payment_hash.0), $htlc.amount_msat);
+                                               log_trace!(logger, "   ...including {} {} dust HTLC {} (hash {}) with value {}", if $outbound { "outbound" } else { "inbound" }, $state_name, $htlc.htlc_id, &$htlc.payment_hash, $htlc.amount_msat);
                                                included_dust_htlcs.push((htlc_in_tx, $source));
                                        }
                                }
@@ -1293,7 +1352,7 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                                add_htlc_output!(htlc, false, None, state_name);
                                remote_htlc_total_msat += htlc.amount_msat;
                        } else {
-                               log_trace!(logger, "   ...not including inbound HTLC {} (hash {}) with value {} due to state ({})", htlc.htlc_id, log_bytes!(htlc.payment_hash.0), htlc.amount_msat, state_name);
+                               log_trace!(logger, "   ...not including inbound HTLC {} (hash {}) with value {} due to state ({})", htlc.htlc_id, &htlc.payment_hash, htlc.amount_msat, state_name);
                                match &htlc.state {
                                        &InboundHTLCState::LocalRemoved(ref reason) => {
                                                if generated_by_local {
@@ -1333,7 +1392,7 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                                add_htlc_output!(htlc, true, Some(&htlc.source), state_name);
                                local_htlc_total_msat += htlc.amount_msat;
                        } else {
-                               log_trace!(logger, "   ...not including outbound HTLC {} (hash {}) with value {} due to state ({})", htlc.htlc_id, log_bytes!(htlc.payment_hash.0), htlc.amount_msat, state_name);
+                               log_trace!(logger, "   ...not including outbound HTLC {} (hash {}) with value {} due to state ({})", htlc.htlc_id, &htlc.payment_hash, htlc.amount_msat, state_name);
                                match htlc.state {
                                        OutboundHTLCState::AwaitingRemoteRevokeToRemove(OutboundHTLCOutcome::Success(_))|OutboundHTLCState::AwaitingRemovedRemoteRevoke(OutboundHTLCOutcome::Success(_)) => {
                                                value_to_self_msat_offset -= htlc.amount_msat as i64;
@@ -1598,6 +1657,14 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                let inbound_stats = context.get_inbound_pending_htlc_stats(None);
                let outbound_stats = context.get_outbound_pending_htlc_stats(None);
 
+               let mut balance_msat = context.value_to_self_msat;
+               for ref htlc in context.pending_inbound_htlcs.iter() {
+                       if let InboundHTLCState::LocalRemoved(InboundHTLCRemovalReason::Fulfill(_)) = htlc.state {
+                               balance_msat += htlc.amount_msat;
+                       }
+               }
+               balance_msat -= outbound_stats.pending_htlcs_value_msat;
+
                let outbound_capacity_msat = context.value_to_self_msat
                                .saturating_sub(outbound_stats.pending_htlcs_value_msat)
                                .saturating_sub(
@@ -1714,6 +1781,7 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                        outbound_capacity_msat,
                        next_outbound_htlc_limit_msat: available_capacity_msat,
                        next_outbound_htlc_minimum_msat,
+                       balance_msat,
                }
        }
 
@@ -1916,15 +1984,41 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                res
        }
 
-       /// Returns transaction if there is pending funding transaction that is yet to broadcast
-       pub fn unbroadcasted_funding(&self) -> Option<Transaction> {
-               if self.channel_state & (ChannelState::FundingCreated as u32) != 0 {
-                       self.funding_transaction.clone()
+       fn if_unbroadcasted_funding<F, O>(&self, f: F) -> Option<O>
+               where F: Fn() -> Option<O> {
+               if self.channel_state & ChannelState::FundingCreated as u32 != 0 ||
+                  self.channel_state & ChannelState::WaitingForBatch as u32 != 0 {
+                       f()
                } else {
                        None
                }
        }
 
+       /// Returns the transaction if there is a pending funding transaction that is yet to be
+       /// broadcast.
+       pub fn unbroadcasted_funding(&self) -> Option<Transaction> {
+               self.if_unbroadcasted_funding(|| self.funding_transaction.clone())
+       }
+
+       /// Returns the transaction ID if there is a pending funding transaction that is yet to be
+       /// broadcast.
+       pub fn unbroadcasted_funding_txid(&self) -> Option<Txid> {
+               self.if_unbroadcasted_funding(||
+                       self.channel_transaction_parameters.funding_outpoint.map(|txo| txo.txid)
+               )
+       }
+
+       /// Returns whether the channel is funded in a batch.
+       pub fn is_batch_funding(&self) -> bool {
+               self.is_batch_funding.is_some()
+       }
+
+       /// Returns the transaction ID if there is a pending batch funding transaction that is yet to be
+       /// broadcast.
+       pub fn unbroadcasted_batch_funding_txid(&self) -> Option<Txid> {
+               self.unbroadcasted_funding_txid().filter(|_| self.is_batch_funding())
+       }
+
        /// Gets the latest commitment transaction and any dependent transactions for relay (forcing
        /// shutdown of this channel - no more calls into this Channel may be made afterwards except
        /// those explicitly stated to be allowed after shutdown completes, eg some simple getters).
@@ -1965,10 +2059,11 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                                }))
                        } else { None }
                } else { None };
+               let unbroadcasted_batch_funding_txid = self.unbroadcasted_batch_funding_txid();
 
                self.channel_state = ChannelState::ShutdownComplete as u32;
                self.update_time_counter += 1;
-               (monitor_update, dropped_outbound_htlcs)
+               (monitor_update, dropped_outbound_htlcs, unbroadcasted_batch_funding_txid)
        }
 }
 
@@ -2029,11 +2124,6 @@ fn commit_tx_fee_msat(feerate_per_kw: u32, num_htlcs: usize, channel_type_featur
        (commitment_tx_base_weight(channel_type_features) + num_htlcs as u64 * COMMITMENT_TX_WEIGHT_PER_HTLC) * feerate_per_kw as u64 / 1000 * 1000
 }
 
-// TODO: We should refactor this to be an Inbound/OutboundChannel until initial setup handshaking
-// has been completed, and then turn into a Channel to get compiler-time enforcement of things like
-// calling channel_id() before we're set up or things like get_funding_signed on an
-// inbound channel.
-//
 // Holder designates channel data owned for the benefit of the user client.
 // Counterparty designates channel data owned by the another channel participant entity.
 pub(super) struct Channel<SP: Deref> where SP::Target: SignerProvider {
@@ -2206,8 +2296,6 @@ impl<SP: Deref> Channel<SP> where
                }
                assert_eq!(self.context.channel_state & ChannelState::ShutdownComplete as u32, 0);
 
-               let payment_hash_calc = PaymentHash(Sha256::hash(&payment_preimage_arg.0[..]).into_inner());
-
                // ChannelManager may generate duplicate claims/fails due to HTLC update events from
                // on-chain ChannelsMonitors during block rescan. Ideally we'd figure out a way to drop
                // these, but for now we just have to treat them as normal.
@@ -2216,13 +2304,15 @@ impl<SP: Deref> Channel<SP> where
                let mut htlc_value_msat = 0;
                for (idx, htlc) in self.context.pending_inbound_htlcs.iter().enumerate() {
                        if htlc.htlc_id == htlc_id_arg {
-                               assert_eq!(htlc.payment_hash, payment_hash_calc);
+                               debug_assert_eq!(htlc.payment_hash, PaymentHash(Sha256::hash(&payment_preimage_arg.0[..]).into_inner()));
+                               log_debug!(logger, "Claiming inbound HTLC id {} with payment hash {} with preimage {}",
+                                       htlc.htlc_id, htlc.payment_hash, payment_preimage_arg);
                                match htlc.state {
                                        InboundHTLCState::Committed => {},
                                        InboundHTLCState::LocalRemoved(ref reason) => {
                                                if let &InboundHTLCRemovalReason::Fulfill(_) = reason {
                                                } else {
-                                                       log_warn!(logger, "Have preimage and want to fulfill HTLC with payment hash {} we already failed against channel {}", log_bytes!(htlc.payment_hash.0), log_bytes!(self.context.channel_id()));
+                                                       log_warn!(logger, "Have preimage and want to fulfill HTLC with payment hash {} we already failed against channel {}", &htlc.payment_hash, &self.context.channel_id());
                                                        debug_assert!(false, "Tried to fulfill an HTLC that was already failed");
                                                }
                                                return UpdateFulfillFetch::DuplicateClaim {};
@@ -2275,7 +2365,7 @@ impl<SP: Deref> Channel<SP> where
                                        },
                                        &HTLCUpdateAwaitingACK::FailHTLC { htlc_id, .. } => {
                                                if htlc_id_arg == htlc_id {
-                                                       log_warn!(logger, "Have preimage and want to fulfill HTLC with pending failure against channel {}", log_bytes!(self.context.channel_id()));
+                                                       log_warn!(logger, "Have preimage and want to fulfill HTLC with pending failure against channel {}", &self.context.channel_id());
                                                        // TODO: We may actually be able to switch to a fulfill here, though its
                                                        // rare enough it may not be worth the complexity burden.
                                                        debug_assert!(false, "Tried to fulfill an HTLC that was already failed");
@@ -2285,7 +2375,7 @@ impl<SP: Deref> Channel<SP> where
                                        _ => {}
                                }
                        }
-                       log_trace!(logger, "Adding HTLC claim to holding_cell in channel {}! Current state: {}", log_bytes!(self.context.channel_id()), self.context.channel_state);
+                       log_trace!(logger, "Adding HTLC claim to holding_cell in channel {}! Current state: {}", &self.context.channel_id(), self.context.channel_state);
                        self.context.holding_cell_htlc_updates.push(HTLCUpdateAwaitingACK::ClaimHTLC {
                                payment_preimage: payment_preimage_arg, htlc_id: htlc_id_arg,
                        });
@@ -2303,7 +2393,7 @@ impl<SP: Deref> Channel<SP> where
                                debug_assert!(false, "Have an inbound HTLC we tried to claim before it was fully committed to");
                                return UpdateFulfillFetch::NewClaim { monitor_update, htlc_value_msat, msg: None };
                        }
-                       log_trace!(logger, "Upgrading HTLC {} to LocalRemoved with a Fulfill in channel {}!", log_bytes!(htlc.payment_hash.0), log_bytes!(self.context.channel_id));
+                       log_trace!(logger, "Upgrading HTLC {} to LocalRemoved with a Fulfill in channel {}!", &htlc.payment_hash, &self.context.channel_id);
                        htlc.state = InboundHTLCState::LocalRemoved(InboundHTLCRemovalReason::Fulfill(payment_preimage_arg.clone()));
                }
 
@@ -2442,7 +2532,7 @@ impl<SP: Deref> Channel<SP> where
                                        _ => {}
                                }
                        }
-                       log_trace!(logger, "Placing failure for HTLC ID {} in holding cell in channel {}.", htlc_id_arg, log_bytes!(self.context.channel_id()));
+                       log_trace!(logger, "Placing failure for HTLC ID {} in holding cell in channel {}.", htlc_id_arg, &self.context.channel_id());
                        self.context.holding_cell_htlc_updates.push(HTLCUpdateAwaitingACK::FailHTLC {
                                htlc_id: htlc_id_arg,
                                err_packet,
@@ -2450,7 +2540,7 @@ impl<SP: Deref> Channel<SP> where
                        return Ok(None);
                }
 
-               log_trace!(logger, "Failing HTLC ID {} back with a update_fail_htlc message in channel {}.", htlc_id_arg, log_bytes!(self.context.channel_id()));
+               log_trace!(logger, "Failing HTLC ID {} back with a update_fail_htlc message in channel {}.", htlc_id_arg, &self.context.channel_id());
                {
                        let htlc = &mut self.context.pending_inbound_htlcs[pending_idx];
                        htlc.state = InboundHTLCState::LocalRemoved(InboundHTLCRemovalReason::FailRelay(err_packet.clone()));
@@ -2493,7 +2583,7 @@ impl<SP: Deref> Channel<SP> where
                let counterparty_initial_bitcoin_tx = counterparty_trusted_tx.built_transaction();
 
                log_trace!(logger, "Initial counterparty tx for channel {} is: txid {} tx {}",
-                       log_bytes!(self.context.channel_id()), counterparty_initial_bitcoin_tx.txid, encode::serialize_hex(&counterparty_initial_bitcoin_tx.transaction));
+                       &self.context.channel_id(), counterparty_initial_bitcoin_tx.txid, encode::serialize_hex(&counterparty_initial_bitcoin_tx.transaction));
 
                let holder_signer = self.context.build_holder_transaction_keys(self.context.cur_holder_commitment_transaction_number);
                let initial_commitment_tx = self.context.build_commitment_transaction(self.context.cur_holder_commitment_transaction_number, &holder_signer, true, false, logger).tx;
@@ -2534,20 +2624,39 @@ impl<SP: Deref> Channel<SP> where
                                                          obscure_factor,
                                                          holder_commitment_tx, best_block, self.context.counterparty_node_id);
 
-               channel_monitor.provide_latest_counterparty_commitment_tx(counterparty_initial_bitcoin_tx.txid, Vec::new(), self.context.cur_counterparty_commitment_transaction_number, self.context.counterparty_cur_commitment_point.unwrap(), logger);
+               channel_monitor.provide_initial_counterparty_commitment_tx(
+                       counterparty_initial_bitcoin_tx.txid, Vec::new(),
+                       self.context.cur_counterparty_commitment_transaction_number,
+                       self.context.counterparty_cur_commitment_point.unwrap(),
+                       counterparty_initial_commitment_tx.feerate_per_kw(),
+                       counterparty_initial_commitment_tx.to_broadcaster_value_sat(),
+                       counterparty_initial_commitment_tx.to_countersignatory_value_sat(), logger);
 
                assert_eq!(self.context.channel_state & (ChannelState::MonitorUpdateInProgress as u32), 0); // We have no had any monitor(s) yet to fail update!
-               self.context.channel_state = ChannelState::FundingSent as u32;
+               if self.context.is_batch_funding() {
+                       self.context.channel_state = ChannelState::FundingSent as u32 | ChannelState::WaitingForBatch as u32;
+               } else {
+                       self.context.channel_state = ChannelState::FundingSent as u32;
+               }
                self.context.cur_holder_commitment_transaction_number -= 1;
                self.context.cur_counterparty_commitment_transaction_number -= 1;
 
-               log_info!(logger, "Received funding_signed from peer for channel {}", log_bytes!(self.context.channel_id()));
+               log_info!(logger, "Received funding_signed from peer for channel {}", &self.context.channel_id());
 
                let need_channel_ready = self.check_get_channel_ready(0).is_some();
                self.monitor_updating_paused(false, false, need_channel_ready, Vec::new(), Vec::new(), Vec::new());
                Ok(channel_monitor)
        }
 
+       /// Updates the state of the channel to indicate that all channels in the batch have received
+       /// funding_signed and persisted their monitors.
+       /// The funding transaction is consequently allowed to be broadcast, and the channel can be
+       /// treated as a non-batch channel going forward.
+       pub fn set_batch_ready(&mut self) {
+               self.context.is_batch_funding = None;
+               self.context.channel_state &= !(ChannelState::WaitingForBatch as u32);
+       }
+
        /// Handles a channel_ready message from our peer. If we've already sent our channel_ready
        /// and the channel is now usable (and public), this may generate an announcement_signatures to
        /// reply with.
@@ -2575,7 +2684,13 @@ impl<SP: Deref> Channel<SP> where
 
                let non_shutdown_state = self.context.channel_state & (!MULTI_STATE_FLAGS);
 
-               if non_shutdown_state == ChannelState::FundingSent as u32 {
+               // Our channel_ready shouldn't have been sent if we are waiting for other channels in the
+               // batch, but we can receive channel_ready messages.
+               debug_assert!(
+                       non_shutdown_state & ChannelState::OurChannelReady as u32 == 0 ||
+                       non_shutdown_state & ChannelState::WaitingForBatch as u32 == 0
+               );
+               if non_shutdown_state & !(ChannelState::WaitingForBatch as u32) == ChannelState::FundingSent as u32 {
                        self.context.channel_state |= ChannelState::TheirChannelReady as u32;
                } else if non_shutdown_state == (ChannelState::FundingSent as u32 | ChannelState::OurChannelReady as u32) {
                        self.context.channel_state = ChannelState::ChannelReady as u32 | (self.context.channel_state & MULTI_STATE_FLAGS);
@@ -2615,7 +2730,7 @@ impl<SP: Deref> Channel<SP> where
                self.context.counterparty_prev_commitment_point = self.context.counterparty_cur_commitment_point;
                self.context.counterparty_cur_commitment_point = Some(msg.next_per_commitment_point);
 
-               log_info!(logger, "Received channel_ready from peer for channel {}", log_bytes!(self.context.channel_id()));
+               log_info!(logger, "Received channel_ready from peer for channel {}", &self.context.channel_id());
 
                Ok(self.get_announcement_sigs(node_signer, genesis_block_hash, user_config, best_block.height(), logger))
        }
@@ -2743,7 +2858,7 @@ impl<SP: Deref> Channel<SP> where
                        if pending_remote_value_msat - msg.amount_msat - self.context.holder_selected_channel_reserve_satoshis * 1000 < remote_fee_cost_incl_stuck_buffer_msat {
                                // Note that if the pending_forward_status is not updated here, then it's because we're already failing
                                // the HTLC, i.e. its status is already set to failing.
-                               log_info!(logger, "Attempting to fail HTLC due to fee spike buffer violation in channel {}. Rebalancing is required.", log_bytes!(self.context.channel_id()));
+                               log_info!(logger, "Attempting to fail HTLC due to fee spike buffer violation in channel {}. Rebalancing is required.", &self.context.channel_id());
                                pending_forward_status = create_pending_htlc_status(self, pending_forward_status, 0x1000|7);
                        }
                } else {
@@ -2871,7 +2986,7 @@ impl<SP: Deref> Channel<SP> where
                        log_trace!(logger, "Checking commitment tx signature {} by key {} against tx {} (sighash {}) with redeemscript {} in channel {}",
                                log_bytes!(msg.signature.serialize_compact()[..]),
                                log_bytes!(self.context.counterparty_funding_pubkey().serialize()), encode::serialize_hex(&bitcoin_tx.transaction),
-                               log_bytes!(sighash[..]), encode::serialize_hex(&funding_script), log_bytes!(self.context.channel_id()));
+                               log_bytes!(sighash[..]), encode::serialize_hex(&funding_script), &self.context.channel_id());
                        if let Err(_) = self.context.secp_ctx.verify_ecdsa(&sighash, &msg.signature, &self.context.counterparty_funding_pubkey()) {
                                return Err(ChannelError::Close("Invalid commitment tx signature from peer".to_owned()));
                        }
@@ -2941,7 +3056,7 @@ impl<SP: Deref> Channel<SP> where
                                let htlc_sighash = hash_to_message!(&sighash::SighashCache::new(&htlc_tx).segwit_signature_hash(0, &htlc_redeemscript, htlc.amount_msat / 1000, htlc_sighashtype).unwrap()[..]);
                                log_trace!(logger, "Checking HTLC tx signature {} by key {} against tx {} (sighash {}) with redeemscript {} in channel {}.",
                                        log_bytes!(msg.htlc_signatures[idx].serialize_compact()[..]), log_bytes!(keys.countersignatory_htlc_key.serialize()),
-                                       encode::serialize_hex(&htlc_tx), log_bytes!(htlc_sighash[..]), encode::serialize_hex(&htlc_redeemscript), log_bytes!(self.context.channel_id()));
+                                       encode::serialize_hex(&htlc_tx), log_bytes!(htlc_sighash[..]), encode::serialize_hex(&htlc_redeemscript), &self.context.channel_id());
                                if let Err(_) = self.context.secp_ctx.verify_ecdsa(&htlc_sighash, &msg.htlc_signatures[idx], &keys.countersignatory_htlc_key) {
                                        return Err(ChannelError::Close("Invalid HTLC tx signature from peer".to_owned()));
                                }
@@ -2985,7 +3100,7 @@ impl<SP: Deref> Channel<SP> where
                        } else { None };
                        if let Some(forward_info) = new_forward {
                                log_trace!(logger, "Updating HTLC {} to AwaitingRemoteRevokeToAnnounce due to commitment_signed in channel {}.",
-                                       log_bytes!(htlc.payment_hash.0), log_bytes!(self.context.channel_id));
+                                       &htlc.payment_hash, &self.context.channel_id);
                                htlc.state = InboundHTLCState::AwaitingRemoteRevokeToAnnounce(forward_info);
                                need_commitment = true;
                        }
@@ -2994,7 +3109,7 @@ impl<SP: Deref> Channel<SP> where
                for htlc in self.context.pending_outbound_htlcs.iter_mut() {
                        if let &mut OutboundHTLCState::RemoteRemoved(ref mut outcome) = &mut htlc.state {
                                log_trace!(logger, "Updating HTLC {} to AwaitingRemoteRevokeToRemove due to commitment_signed in channel {}.",
-                                       log_bytes!(htlc.payment_hash.0), log_bytes!(self.context.channel_id));
+                                       &htlc.payment_hash, &self.context.channel_id);
                                // Grab the preimage, if it exists, instead of cloning
                                let mut reason = OutboundHTLCOutcome::Success(None);
                                mem::swap(outcome, &mut reason);
@@ -3044,7 +3159,7 @@ impl<SP: Deref> Channel<SP> where
                                monitor_update.updates.append(&mut additional_update.updates);
                        }
                        log_debug!(logger, "Received valid commitment_signed from peer in channel {}, updated HTLC state but awaiting a monitor update resolution to reply.",
-                               log_bytes!(self.context.channel_id));
+                               &self.context.channel_id);
                        return Ok(self.push_ret_blockable_mon_update(monitor_update));
                }
 
@@ -3061,7 +3176,7 @@ impl<SP: Deref> Channel<SP> where
                } else { false };
 
                log_debug!(logger, "Received valid commitment_signed from peer in channel {}, updating HTLC state and responding with{} a revoke_and_ack.",
-                       log_bytes!(self.context.channel_id()), if need_commitment_signed { " our own commitment_signed and" } else { "" });
+                       &self.context.channel_id(), if need_commitment_signed { " our own commitment_signed and" } else { "" });
                self.monitor_updating_paused(true, need_commitment_signed, false, Vec::new(), Vec::new(), Vec::new());
                return Ok(self.push_ret_blockable_mon_update(monitor_update));
        }
@@ -3074,7 +3189,7 @@ impl<SP: Deref> Channel<SP> where
        ) -> (Option<ChannelMonitorUpdate>, Vec<(HTLCSource, PaymentHash)>)
        where F::Target: FeeEstimator, L::Target: Logger
        {
-               if self.context.channel_state >= ChannelState::ChannelReady as u32 &&
+               if self.context.channel_state & !STATE_FLAGS >= ChannelState::ChannelReady as u32 &&
                   (self.context.channel_state & (ChannelState::AwaitingRemoteRevoke as u32 | ChannelState::PeerDisconnected as u32 | ChannelState::MonitorUpdateInProgress as u32)) == 0 {
                        self.free_holding_cell_htlcs(fee_estimator, logger)
                } else { (None, Vec::new()) }
@@ -3090,7 +3205,7 @@ impl<SP: Deref> Channel<SP> where
                assert_eq!(self.context.channel_state & ChannelState::MonitorUpdateInProgress as u32, 0);
                if self.context.holding_cell_htlc_updates.len() != 0 || self.context.holding_cell_update_fee.is_some() {
                        log_trace!(logger, "Freeing holding cell with {} HTLC updates{} in channel {}", self.context.holding_cell_htlc_updates.len(),
-                               if self.context.holding_cell_update_fee.is_some() { " and a fee update" } else { "" }, log_bytes!(self.context.channel_id()));
+                               if self.context.holding_cell_update_fee.is_some() { " and a fee update" } else { "" }, &self.context.channel_id());
 
                        let mut monitor_update = ChannelMonitorUpdate {
                                update_id: self.context.latest_monitor_update_id + 1, // We don't increment this yet!
@@ -3121,8 +3236,7 @@ impl<SP: Deref> Channel<SP> where
                                                        Err(e) => {
                                                                match e {
                                                                        ChannelError::Ignore(ref msg) => {
-                                                                               log_info!(logger, "Failed to send HTLC with payment_hash {} due to {} in channel {}",
-                                                                                       log_bytes!(payment_hash.0), msg, log_bytes!(self.context.channel_id()));
+                                                                               log_info!(logger, "Failed to send HTLC with payment_hash {} due to {} in channel {}", &payment_hash, msg, &self.context.channel_id());
                                                                                // If we fail to send here, then this HTLC should
                                                                                // be failed backwards. Failing to send here
                                                                                // indicates that this HTLC may keep being put back
@@ -3188,7 +3302,7 @@ impl<SP: Deref> Channel<SP> where
                        monitor_update.updates.append(&mut additional_update.updates);
 
                        log_debug!(logger, "Freeing holding cell in channel {} resulted in {}{} HTLCs added, {} HTLCs fulfilled, and {} HTLCs failed.",
-                               log_bytes!(self.context.channel_id()), if update_fee.is_some() { "a fee update, " } else { "" },
+                               &self.context.channel_id(), if update_fee.is_some() { "a fee update, " } else { "" },
                                update_add_count, update_fulfill_count, update_fail_count);
 
                        self.monitor_updating_paused(false, true, false, Vec::new(), Vec::new(), Vec::new());
@@ -3277,7 +3391,7 @@ impl<SP: Deref> Channel<SP> where
                        self.context.announcement_sigs_state = AnnouncementSigsState::PeerReceived;
                }
 
-               log_trace!(logger, "Updating HTLCs on receipt of RAA in channel {}...", log_bytes!(self.context.channel_id()));
+               log_trace!(logger, "Updating HTLCs on receipt of RAA in channel {}...", &self.context.channel_id());
                let mut to_forward_infos = Vec::new();
                let mut revoked_htlcs = Vec::new();
                let mut finalized_claimed_htlcs = Vec::new();
@@ -3294,7 +3408,7 @@ impl<SP: Deref> Channel<SP> where
                        // We really shouldnt have two passes here, but retain gives a non-mutable ref (Rust bug)
                        pending_inbound_htlcs.retain(|htlc| {
                                if let &InboundHTLCState::LocalRemoved(ref reason) = &htlc.state {
-                                       log_trace!(logger, " ...removing inbound LocalRemoved {}", log_bytes!(htlc.payment_hash.0));
+                                       log_trace!(logger, " ...removing inbound LocalRemoved {}", &htlc.payment_hash);
                                        if let &InboundHTLCRemovalReason::Fulfill(_) = reason {
                                                value_to_self_msat_diff += htlc.amount_msat as i64;
                                        }
@@ -3303,7 +3417,7 @@ impl<SP: Deref> Channel<SP> where
                        });
                        pending_outbound_htlcs.retain(|htlc| {
                                if let &OutboundHTLCState::AwaitingRemovedRemoteRevoke(ref outcome) = &htlc.state {
-                                       log_trace!(logger, " ...removing outbound AwaitingRemovedRemoteRevoke {}", log_bytes!(htlc.payment_hash.0));
+                                       log_trace!(logger, " ...removing outbound AwaitingRemovedRemoteRevoke {}", &htlc.payment_hash);
                                        if let OutboundHTLCOutcome::Failure(reason) = outcome.clone() { // We really want take() here, but, again, non-mut ref :(
                                                revoked_htlcs.push((htlc.source.clone(), htlc.payment_hash, reason));
                                        } else {
@@ -3325,13 +3439,13 @@ impl<SP: Deref> Channel<SP> where
                                        mem::swap(&mut state, &mut htlc.state);
 
                                        if let InboundHTLCState::AwaitingRemoteRevokeToAnnounce(forward_info) = state {
-                                               log_trace!(logger, " ...promoting inbound AwaitingRemoteRevokeToAnnounce {} to AwaitingAnnouncedRemoteRevoke", log_bytes!(htlc.payment_hash.0));
+                                               log_trace!(logger, " ...promoting inbound AwaitingRemoteRevokeToAnnounce {} to AwaitingAnnouncedRemoteRevoke", &htlc.payment_hash);
                                                htlc.state = InboundHTLCState::AwaitingAnnouncedRemoteRevoke(forward_info);
                                                require_commitment = true;
                                        } else if let InboundHTLCState::AwaitingAnnouncedRemoteRevoke(forward_info) = state {
                                                match forward_info {
                                                        PendingHTLCStatus::Fail(fail_msg) => {
-                                                               log_trace!(logger, " ...promoting inbound AwaitingAnnouncedRemoteRevoke {} to LocalRemoved due to PendingHTLCStatus indicating failure", log_bytes!(htlc.payment_hash.0));
+                                                               log_trace!(logger, " ...promoting inbound AwaitingAnnouncedRemoteRevoke {} to LocalRemoved due to PendingHTLCStatus indicating failure", &htlc.payment_hash);
                                                                require_commitment = true;
                                                                match fail_msg {
                                                                        HTLCFailureMsg::Relay(msg) => {
@@ -3345,7 +3459,7 @@ impl<SP: Deref> Channel<SP> where
                                                                }
                                                        },
                                                        PendingHTLCStatus::Forward(forward_info) => {
-                                                               log_trace!(logger, " ...promoting inbound AwaitingAnnouncedRemoteRevoke {} to Committed", log_bytes!(htlc.payment_hash.0));
+                                                               log_trace!(logger, " ...promoting inbound AwaitingAnnouncedRemoteRevoke {} to Committed", &htlc.payment_hash);
                                                                to_forward_infos.push((forward_info, htlc.htlc_id));
                                                                htlc.state = InboundHTLCState::Committed;
                                                        }
@@ -3355,11 +3469,11 @@ impl<SP: Deref> Channel<SP> where
                        }
                        for htlc in pending_outbound_htlcs.iter_mut() {
                                if let OutboundHTLCState::LocalAnnounced(_) = htlc.state {
-                                       log_trace!(logger, " ...promoting outbound LocalAnnounced {} to Committed", log_bytes!(htlc.payment_hash.0));
+                                       log_trace!(logger, " ...promoting outbound LocalAnnounced {} to Committed", &htlc.payment_hash);
                                        htlc.state = OutboundHTLCState::Committed;
                                }
                                if let &mut OutboundHTLCState::AwaitingRemoteRevokeToRemove(ref mut outcome) = &mut htlc.state {
-                                       log_trace!(logger, " ...promoting outbound AwaitingRemoteRevokeToRemove {} to AwaitingRemovedRemoteRevoke", log_bytes!(htlc.payment_hash.0));
+                                       log_trace!(logger, " ...promoting outbound AwaitingRemoteRevokeToRemove {} to AwaitingRemovedRemoteRevoke", &htlc.payment_hash);
                                        // Grab the preimage, if it exists, instead of cloning
                                        let mut reason = OutboundHTLCOutcome::Success(None);
                                        mem::swap(outcome, &mut reason);
@@ -3422,7 +3536,7 @@ impl<SP: Deref> Channel<SP> where
                        self.context.monitor_pending_forwards.append(&mut to_forward_infos);
                        self.context.monitor_pending_failures.append(&mut revoked_htlcs);
                        self.context.monitor_pending_finalized_fulfills.append(&mut finalized_claimed_htlcs);
-                       log_debug!(logger, "Received a valid revoke_and_ack for channel {} but awaiting a monitor update resolution to reply.", log_bytes!(self.context.channel_id()));
+                       log_debug!(logger, "Received a valid revoke_and_ack for channel {} but awaiting a monitor update resolution to reply.", &self.context.channel_id());
                        return_with_htlcs_to_fail!(Vec::new());
                }
 
@@ -3434,7 +3548,7 @@ impl<SP: Deref> Channel<SP> where
                                monitor_update.updates.append(&mut additional_update.updates);
 
                                log_debug!(logger, "Received a valid revoke_and_ack for channel {} with holding cell HTLCs freed. {} monitor update.",
-                                       log_bytes!(self.context.channel_id()), release_state_str);
+                                       &self.context.channel_id(), release_state_str);
 
                                self.monitor_updating_paused(false, true, false, to_forward_infos, revoked_htlcs, finalized_claimed_htlcs);
                                return_with_htlcs_to_fail!(htlcs_to_fail);
@@ -3449,7 +3563,7 @@ impl<SP: Deref> Channel<SP> where
                                        monitor_update.updates.append(&mut additional_update.updates);
 
                                        log_debug!(logger, "Received a valid revoke_and_ack for channel {}. Responding with a commitment update with {} HTLCs failed. {} monitor update.",
-                                               log_bytes!(self.context.channel_id()),
+                                               &self.context.channel_id(),
                                                update_fail_htlcs.len() + update_fail_malformed_htlcs.len(),
                                                release_state_str);
 
@@ -3457,7 +3571,7 @@ impl<SP: Deref> Channel<SP> where
                                        return_with_htlcs_to_fail!(htlcs_to_fail);
                                } else {
                                        log_debug!(logger, "Received a valid revoke_and_ack for channel {} with no reply necessary. {} monitor update.",
-                                               log_bytes!(self.context.channel_id()), release_state_str);
+                                               &self.context.channel_id(), release_state_str);
 
                                        self.monitor_updating_paused(false, false, false, to_forward_infos, revoked_htlcs, finalized_claimed_htlcs);
                                        return_with_htlcs_to_fail!(htlcs_to_fail);
@@ -3549,17 +3663,17 @@ impl<SP: Deref> Channel<SP> where
        /// resent.
        /// No further message handling calls may be made until a channel_reestablish dance has
        /// completed.
-       pub fn remove_uncommitted_htlcs_and_mark_paused<L: Deref>(&mut self, logger: &L)  where L::Target: Logger {
+       /// May return `Err(())`, which implies [`ChannelContext::force_shutdown`] should be called immediately.
+       pub fn remove_uncommitted_htlcs_and_mark_paused<L: Deref>(&mut self, logger: &L) -> Result<(), ()> where L::Target: Logger {
                assert_eq!(self.context.channel_state & ChannelState::ShutdownComplete as u32, 0);
-               if self.context.channel_state < ChannelState::FundingSent as u32 {
-                       self.context.channel_state = ChannelState::ShutdownComplete as u32;
-                       return;
+               if self.context.channel_state & !STATE_FLAGS < ChannelState::FundingSent as u32 {
+                       return Err(());
                }
 
                if self.context.channel_state & (ChannelState::PeerDisconnected as u32) == (ChannelState::PeerDisconnected as u32) {
                        // While the below code should be idempotent, it's simpler to just return early, as
                        // redundant disconnect events can fire, though they should be rare.
-                       return;
+                       return Ok(());
                }
 
                if self.context.announcement_sigs_state == AnnouncementSigsState::MessageSent || self.context.announcement_sigs_state == AnnouncementSigsState::Committed {
@@ -3619,7 +3733,8 @@ impl<SP: Deref> Channel<SP> where
                self.context.sent_message_awaiting_response = None;
 
                self.context.channel_state |= ChannelState::PeerDisconnected as u32;
-               log_trace!(logger, "Peer disconnection resulted in {} remote-announced HTLC drops on channel {}", inbound_drop_count, log_bytes!(self.context.channel_id()));
+               log_trace!(logger, "Peer disconnection resulted in {} remote-announced HTLC drops on channel {}", inbound_drop_count, &self.context.channel_id());
+               Ok(())
        }
 
        /// Indicates that a ChannelMonitor update is in progress and has not yet been fully persisted.
@@ -3665,12 +3780,12 @@ impl<SP: Deref> Channel<SP> where
                // (re-)broadcast the funding transaction as we may have declined to broadcast it when we
                // first received the funding_signed.
                let mut funding_broadcastable =
-                       if self.context.is_outbound() && self.context.channel_state & !MULTI_STATE_FLAGS >= ChannelState::FundingSent as u32 {
+                       if self.context.is_outbound() && self.context.channel_state & !STATE_FLAGS >= ChannelState::FundingSent as u32 && self.context.channel_state & ChannelState::WaitingForBatch as u32 == 0 {
                                self.context.funding_transaction.take()
                        } else { None };
                // That said, if the funding transaction is already confirmed (ie we're active with a
                // minimum_depth over 0) don't bother re-broadcasting the confirmed funding tx.
-               if self.context.channel_state & !MULTI_STATE_FLAGS >= ChannelState::ChannelReady as u32 && self.context.minimum_depth != Some(0) {
+               if self.context.channel_state & !STATE_FLAGS >= ChannelState::ChannelReady as u32 && self.context.minimum_depth != Some(0) {
                        funding_broadcastable = None;
                }
 
@@ -3722,7 +3837,7 @@ impl<SP: Deref> Channel<SP> where
                self.context.monitor_pending_commitment_signed = false;
                let order = self.context.resend_order.clone();
                log_debug!(logger, "Restored monitor updating in channel {} resulting in {}{} commitment update and {} RAA, with {} first",
-                       log_bytes!(self.context.channel_id()), if funding_broadcastable.is_some() { "a funding broadcastable, " } else { "" },
+                       &self.context.channel_id(), if funding_broadcastable.is_some() { "a funding broadcastable, " } else { "" },
                        if commitment_update.is_some() { "a" } else { "no" }, if raa.is_some() { "an" } else { "no" },
                        match order { RAACommitmentOrder::CommitmentFirst => "commitment", RAACommitmentOrder::RevokeAndACKFirst => "RAA"});
                MonitorRestoreUpdates {
@@ -3834,7 +3949,7 @@ impl<SP: Deref> Channel<SP> where
                } else { None };
 
                log_trace!(logger, "Regenerated latest commitment update in channel {} with{} {} update_adds, {} update_fulfills, {} update_fails, and {} update_fail_malformeds",
-                               log_bytes!(self.context.channel_id()), if update_fee.is_some() { " update_fee," } else { "" },
+                               &self.context.channel_id(), if update_fee.is_some() { " update_fee," } else { "" },
                                update_add_htlcs.len(), update_fulfill_htlcs.len(), update_fail_htlcs.len(), update_fail_malformed_htlcs.len());
                msgs::CommitmentUpdate {
                        update_add_htlcs, update_fulfill_htlcs, update_fail_htlcs, update_fail_malformed_htlcs, update_fee,
@@ -3842,6 +3957,17 @@ impl<SP: Deref> Channel<SP> where
                }
        }
 
+       /// Gets the `Shutdown` message we should send our peer on reconnect, if any.
+       pub fn get_outbound_shutdown(&self) -> Option<msgs::Shutdown> {
+               if self.context.channel_state & (ChannelState::LocalShutdownSent as u32) != 0 {
+                       assert!(self.context.shutdown_scriptpubkey.is_some());
+                       Some(msgs::Shutdown {
+                               channel_id: self.context.channel_id,
+                               scriptpubkey: self.get_closing_scriptpubkey(),
+                       })
+               } else { None }
+       }
+
        /// May panic if some calls other than message-handling calls (which will all Err immediately)
        /// have been called between remove_uncommitted_htlcs_and_mark_paused and this call.
        ///
@@ -3879,8 +4005,8 @@ impl<SP: Deref> Channel<SP> where
                        if msg.next_remote_commitment_number > INITIAL_COMMITMENT_NUMBER - self.context.cur_holder_commitment_transaction_number {
                                macro_rules! log_and_panic {
                                        ($err_msg: expr) => {
-                                               log_error!(logger, $err_msg, log_bytes!(self.context.channel_id), log_pubkey!(self.context.counterparty_node_id));
-                                               panic!($err_msg, log_bytes!(self.context.channel_id), log_pubkey!(self.context.counterparty_node_id));
+                                               log_error!(logger, $err_msg, &self.context.channel_id, log_pubkey!(self.context.counterparty_node_id));
+                                               panic!($err_msg, &self.context.channel_id, log_pubkey!(self.context.counterparty_node_id));
                                        }
                                }
                                log_and_panic!("We have fallen behind - we have received proof that if we broadcast our counterparty is going to claim all our funds.\n\
@@ -3908,13 +4034,7 @@ impl<SP: Deref> Channel<SP> where
                self.context.channel_state &= !(ChannelState::PeerDisconnected as u32);
                self.context.sent_message_awaiting_response = None;
 
-               let shutdown_msg = if self.context.channel_state & (ChannelState::LocalShutdownSent as u32) != 0 {
-                       assert!(self.context.shutdown_scriptpubkey.is_some());
-                       Some(msgs::Shutdown {
-                               channel_id: self.context.channel_id,
-                               scriptpubkey: self.get_closing_scriptpubkey(),
-                       })
-               } else { None };
+               let shutdown_msg = self.get_outbound_shutdown();
 
                let announcement_sigs = self.get_announcement_sigs(node_signer, genesis_block_hash, user_config, best_block.height(), logger);
 
@@ -3985,9 +4105,9 @@ impl<SP: Deref> Channel<SP> where
 
                if msg.next_local_commitment_number == next_counterparty_commitment_number {
                        if required_revoke.is_some() {
-                               log_debug!(logger, "Reconnected channel {} with only lost outbound RAA", log_bytes!(self.context.channel_id()));
+                               log_debug!(logger, "Reconnected channel {} with only lost outbound RAA", &self.context.channel_id());
                        } else {
-                               log_debug!(logger, "Reconnected channel {} with no loss", log_bytes!(self.context.channel_id()));
+                               log_debug!(logger, "Reconnected channel {} with no loss", &self.context.channel_id());
                        }
 
                        Ok(ReestablishResponses {
@@ -3998,9 +4118,9 @@ impl<SP: Deref> Channel<SP> where
                        })
                } else if msg.next_local_commitment_number == next_counterparty_commitment_number - 1 {
                        if required_revoke.is_some() {
-                               log_debug!(logger, "Reconnected channel {} with lost outbound RAA and lost remote commitment tx", log_bytes!(self.context.channel_id()));
+                               log_debug!(logger, "Reconnected channel {} with lost outbound RAA and lost remote commitment tx", &self.context.channel_id());
                        } else {
-                               log_debug!(logger, "Reconnected channel {} with only lost remote commitment tx", log_bytes!(self.context.channel_id()));
+                               log_debug!(logger, "Reconnected channel {} with only lost remote commitment tx", &self.context.channel_id());
                        }
 
                        if self.context.channel_state & (ChannelState::MonitorUpdateInProgress as u32) != 0 {
@@ -4168,7 +4288,7 @@ impl<SP: Deref> Channel<SP> where
                if self.context.channel_state & (ChannelState::PeerDisconnected as u32) == ChannelState::PeerDisconnected as u32 {
                        return Err(ChannelError::Close("Peer sent shutdown when we needed a channel_reestablish".to_owned()));
                }
-               if self.context.channel_state < ChannelState::FundingSent as u32 {
+               if self.context.channel_state & !STATE_FLAGS < ChannelState::FundingSent as u32 {
                        // Spec says we should fail the connection, not the channel, but that's nonsense, there
                        // are plenty of reasons you may want to fail a channel pre-funding, and spec says you
                        // can do that via error message without getting a connection fail anyway...
@@ -4562,7 +4682,7 @@ impl<SP: Deref> Channel<SP> where
        pub fn is_awaiting_initial_mon_persist(&self) -> bool {
                if !self.is_awaiting_monitor_update() { return false; }
                if self.context.channel_state &
-                       !(ChannelState::TheirChannelReady as u32 | ChannelState::PeerDisconnected as u32 | ChannelState::MonitorUpdateInProgress as u32)
+                       !(ChannelState::TheirChannelReady as u32 | ChannelState::PeerDisconnected as u32 | ChannelState::MonitorUpdateInProgress as u32 | ChannelState::WaitingForBatch as u32)
                                == ChannelState::FundingSent as u32 {
                        // If we're not a 0conf channel, we'll be waiting on a monitor update with only
                        // FundingSent set, though our peer could have sent their channel_ready.
@@ -4593,7 +4713,7 @@ impl<SP: Deref> Channel<SP> where
 
        /// Returns true if our channel_ready has been sent
        pub fn is_our_channel_ready(&self) -> bool {
-               (self.context.channel_state & ChannelState::OurChannelReady as u32) != 0 || self.context.channel_state >= ChannelState::ChannelReady as u32
+               (self.context.channel_state & ChannelState::OurChannelReady as u32) != 0 || self.context.channel_state & !STATE_FLAGS >= ChannelState::ChannelReady as u32
        }
 
        /// Returns true if our peer has either initiated or agreed to shut down the channel.
@@ -4642,6 +4762,8 @@ impl<SP: Deref> Channel<SP> where
                        return None;
                }
 
+               // Note that we don't include ChannelState::WaitingForBatch as we don't want to send
+               // channel_ready until the entire batch is ready.
                let non_shutdown_state = self.context.channel_state & (!MULTI_STATE_FLAGS);
                let need_commitment_update = if non_shutdown_state == ChannelState::FundingSent as u32 {
                        self.context.channel_state |= ChannelState::OurChannelReady as u32;
@@ -4654,7 +4776,7 @@ impl<SP: Deref> Channel<SP> where
                        // We got a reorg but not enough to trigger a force close, just ignore.
                        false
                } else {
-                       if self.context.funding_tx_confirmation_height != 0 && self.context.channel_state < ChannelState::ChannelReady as u32 {
+                       if self.context.funding_tx_confirmation_height != 0 && self.context.channel_state & !STATE_FLAGS < ChannelState::ChannelReady as u32 {
                                // We should never see a funding transaction on-chain until we've received
                                // funding_signed (if we're an outbound channel), or seen funding_generated (if we're
                                // an inbound channel - before that we have no known funding TXID). The fuzzer,
@@ -4697,6 +4819,7 @@ impl<SP: Deref> Channel<SP> where
                NS::Target: NodeSigner,
                L::Target: Logger
        {
+               let mut msgs = (None, None);
                if let Some(funding_txo) = self.context.get_funding_txo() {
                        for &(index_in_block, tx) in txdata.iter() {
                                // Check if the transaction is the expected funding transaction, and if it is,
@@ -4720,12 +4843,14 @@ impl<SP: Deref> Channel<SP> where
                                                        return Err(ClosureReason::ProcessingError { err: err_reason.to_owned() });
                                                } else {
                                                        if self.context.is_outbound() {
-                                                               for input in tx.input.iter() {
-                                                                       if input.witness.is_empty() {
-                                                                               // We generated a malleable funding transaction, implying we've
-                                                                               // just exposed ourselves to funds loss to our counterparty.
-                                                                               #[cfg(not(fuzzing))]
-                                                                               panic!("Client called ChannelManager::funding_transaction_generated with bogus transaction!");
+                                                               if !tx.is_coin_base() {
+                                                                       for input in tx.input.iter() {
+                                                                               if input.witness.is_empty() {
+                                                                                       // We generated a malleable funding transaction, implying we've
+                                                                                       // just exposed ourselves to funds loss to our counterparty.
+                                                                                       #[cfg(not(fuzzing))]
+                                                                                       panic!("Client called ChannelManager::funding_transaction_generated with bogus transaction!");
+                                                                               }
                                                                        }
                                                                }
                                                        }
@@ -4736,25 +4861,32 @@ impl<SP: Deref> Channel<SP> where
                                                                Err(_) => panic!("Block was bogus - either height was > 16 million, had > 16 million transactions, or had > 65k outputs"),
                                                        }
                                                }
+                                               // If this is a coinbase transaction and not a 0-conf channel
+                                               // we should update our min_depth to 100 to handle coinbase maturity
+                                               if tx.is_coin_base() &&
+                                                       self.context.minimum_depth.unwrap_or(0) > 0 &&
+                                                       self.context.minimum_depth.unwrap_or(0) < COINBASE_MATURITY {
+                                                       self.context.minimum_depth = Some(COINBASE_MATURITY);
+                                               }
                                        }
                                        // If we allow 1-conf funding, we may need to check for channel_ready here and
                                        // send it immediately instead of waiting for a best_block_updated call (which
                                        // may have already happened for this block).
                                        if let Some(channel_ready) = self.check_get_channel_ready(height) {
-                                               log_info!(logger, "Sending a channel_ready to our peer for channel {}", log_bytes!(self.context.channel_id));
+                                               log_info!(logger, "Sending a channel_ready to our peer for channel {}", &self.context.channel_id);
                                                let announcement_sigs = self.get_announcement_sigs(node_signer, genesis_block_hash, user_config, height, logger);
-                                               return Ok((Some(channel_ready), announcement_sigs));
+                                               msgs = (Some(channel_ready), announcement_sigs);
                                        }
                                }
                                for inp in tx.input.iter() {
                                        if inp.previous_output == funding_txo.into_bitcoin_outpoint() {
-                                               log_info!(logger, "Detected channel-closing tx {} spending {}:{}, closing channel {}", tx.txid(), inp.previous_output.txid, inp.previous_output.vout, log_bytes!(self.context.channel_id()));
+                                               log_info!(logger, "Detected channel-closing tx {} spending {}:{}, closing channel {}", tx.txid(), inp.previous_output.txid, inp.previous_output.vout, &self.context.channel_id());
                                                return Err(ClosureReason::CommitmentTxConfirmed);
                                        }
                                }
                        }
                }
-               Ok((None, None))
+               Ok(msgs)
        }
 
        /// When a new block is connected, we check the height of the block against outbound holding
@@ -4810,12 +4942,12 @@ impl<SP: Deref> Channel<SP> where
                        let announcement_sigs = if let Some((genesis_block_hash, node_signer, user_config)) = genesis_node_signer {
                                self.get_announcement_sigs(node_signer, genesis_block_hash, user_config, height, logger)
                        } else { None };
-                       log_info!(logger, "Sending a channel_ready to our peer for channel {}", log_bytes!(self.context.channel_id));
+                       log_info!(logger, "Sending a channel_ready to our peer for channel {}", &self.context.channel_id);
                        return Ok((Some(channel_ready), timed_out_htlcs, announcement_sigs));
                }
 
                let non_shutdown_state = self.context.channel_state & (!MULTI_STATE_FLAGS);
-               if non_shutdown_state >= ChannelState::ChannelReady as u32 ||
+               if non_shutdown_state & !STATE_FLAGS >= ChannelState::ChannelReady as u32 ||
                   (non_shutdown_state & ChannelState::OurChannelReady as u32) == ChannelState::OurChannelReady as u32 {
                        let mut funding_tx_confirmations = height as i64 - self.context.funding_tx_confirmation_height as i64 + 1;
                        if self.context.funding_tx_confirmation_height == 0 {
@@ -4841,9 +4973,9 @@ impl<SP: Deref> Channel<SP> where
                        }
                } else if !self.context.is_outbound() && self.context.funding_tx_confirmed_in.is_none() &&
                                height >= self.context.channel_creation_height + FUNDING_CONF_DEADLINE_BLOCKS {
-                       log_info!(logger, "Closing channel {} due to funding timeout", log_bytes!(self.context.channel_id));
+                       log_info!(logger, "Closing channel {} due to funding timeout", &self.context.channel_id);
                        // If funding_tx_confirmed_in is unset, the channel must not be active
-                       assert!(non_shutdown_state <= ChannelState::ChannelReady as u32);
+                       assert!(non_shutdown_state & !STATE_FLAGS <= ChannelState::ChannelReady as u32);
                        assert_eq!(non_shutdown_state & ChannelState::OurChannelReady as u32, 0);
                        return Err(ClosureReason::FundingTimedOut);
                }
@@ -4951,7 +5083,7 @@ impl<SP: Deref> Channel<SP> where
                        return None;
                }
 
-               log_trace!(logger, "Creating an announcement_signatures message for channel {}", log_bytes!(self.context.channel_id()));
+               log_trace!(logger, "Creating an announcement_signatures message for channel {}", &self.context.channel_id());
                let announcement = match self.get_channel_announcement(node_signer, genesis_block_hash, user_config) {
                        Ok(a) => a,
                        Err(e) => {
@@ -5086,10 +5218,10 @@ impl<SP: Deref> Channel<SP> where
                let dummy_pubkey = PublicKey::from_slice(&pk).unwrap();
                let remote_last_secret = if self.context.cur_counterparty_commitment_transaction_number + 1 < INITIAL_COMMITMENT_NUMBER {
                        let remote_last_secret = self.context.commitment_secrets.get_secret(self.context.cur_counterparty_commitment_transaction_number + 2).unwrap();
-                       log_trace!(logger, "Enough info to generate a Data Loss Protect with per_commitment_secret {} for channel {}", log_bytes!(remote_last_secret), log_bytes!(self.context.channel_id()));
+                       log_trace!(logger, "Enough info to generate a Data Loss Protect with per_commitment_secret {} for channel {}", log_bytes!(remote_last_secret), &self.context.channel_id());
                        remote_last_secret
                } else {
-                       log_info!(logger, "Sending a data_loss_protect with no previous remote per_commitment_secret for channel {}", log_bytes!(self.context.channel_id()));
+                       log_info!(logger, "Sending a data_loss_protect with no previous remote per_commitment_secret for channel {}", &self.context.channel_id());
                        [0;32]
                };
                self.mark_awaiting_response();
@@ -5205,7 +5337,8 @@ impl<SP: Deref> Channel<SP> where
                }
 
                let need_holding_cell = (self.context.channel_state & (ChannelState::AwaitingRemoteRevoke as u32 | ChannelState::MonitorUpdateInProgress as u32)) != 0;
-               log_debug!(logger, "Pushing new outbound HTLC for {} msat {}", amount_msat,
+               log_debug!(logger, "Pushing new outbound HTLC with hash {} for {} msat {}",
+                       payment_hash, amount_msat,
                        if force_holding_cell { "into holding cell" }
                        else if need_holding_cell { "into holding cell as we're awaiting an RAA or monitor" }
                        else { "to peer" });
@@ -5261,13 +5394,13 @@ impl<SP: Deref> Channel<SP> where
                                Some(InboundHTLCState::AwaitingAnnouncedRemoteRevoke(forward_info.clone()))
                        } else { None };
                        if let Some(state) = new_state {
-                               log_trace!(logger, " ...promoting inbound AwaitingRemoteRevokeToAnnounce {} to AwaitingAnnouncedRemoteRevoke", log_bytes!(htlc.payment_hash.0));
+                               log_trace!(logger, " ...promoting inbound AwaitingRemoteRevokeToAnnounce {} to AwaitingAnnouncedRemoteRevoke", &htlc.payment_hash);
                                htlc.state = state;
                        }
                }
                for htlc in self.context.pending_outbound_htlcs.iter_mut() {
                        if let &mut OutboundHTLCState::AwaitingRemoteRevokeToRemove(ref mut outcome) = &mut htlc.state {
-                               log_trace!(logger, " ...promoting outbound AwaitingRemoteRevokeToRemove {} to AwaitingRemovedRemoteRevoke", log_bytes!(htlc.payment_hash.0));
+                               log_trace!(logger, " ...promoting outbound AwaitingRemoteRevokeToRemove {} to AwaitingRemovedRemoteRevoke", &htlc.payment_hash);
                                // Grab the preimage, if it exists, instead of cloning
                                let mut reason = OutboundHTLCOutcome::Success(None);
                                mem::swap(outcome, &mut reason);
@@ -5284,7 +5417,9 @@ impl<SP: Deref> Channel<SP> where
                }
                self.context.resend_order = RAACommitmentOrder::RevokeAndACKFirst;
 
-               let (counterparty_commitment_txid, mut htlcs_ref) = self.build_commitment_no_state_update(logger);
+               let (mut htlcs_ref, counterparty_commitment_tx) =
+                       self.build_commitment_no_state_update(logger);
+               let counterparty_commitment_txid = counterparty_commitment_tx.trust().txid();
                let htlcs: Vec<(HTLCOutputInCommitment, Option<Box<HTLCSource>>)> =
                        htlcs_ref.drain(..).map(|(htlc, htlc_source)| (htlc, htlc_source.map(|source_ref| Box::new(source_ref.clone())))).collect();
 
@@ -5299,17 +5434,23 @@ impl<SP: Deref> Channel<SP> where
                                commitment_txid: counterparty_commitment_txid,
                                htlc_outputs: htlcs.clone(),
                                commitment_number: self.context.cur_counterparty_commitment_transaction_number,
-                               their_per_commitment_point: self.context.counterparty_cur_commitment_point.unwrap()
+                               their_per_commitment_point: self.context.counterparty_cur_commitment_point.unwrap(),
+                               feerate_per_kw: Some(counterparty_commitment_tx.feerate_per_kw()),
+                               to_broadcaster_value_sat: Some(counterparty_commitment_tx.to_broadcaster_value_sat()),
+                               to_countersignatory_value_sat: Some(counterparty_commitment_tx.to_countersignatory_value_sat()),
                        }]
                };
                self.context.channel_state |= ChannelState::AwaitingRemoteRevoke as u32;
                monitor_update
        }
 
-       fn build_commitment_no_state_update<L: Deref>(&self, logger: &L) -> (Txid, Vec<(HTLCOutputInCommitment, Option<&HTLCSource>)>) where L::Target: Logger {
+       fn build_commitment_no_state_update<L: Deref>(&self, logger: &L)
+       -> (Vec<(HTLCOutputInCommitment, Option<&HTLCSource>)>, CommitmentTransaction)
+       where L::Target: Logger
+       {
                let counterparty_keys = self.context.build_remote_transaction_keys();
                let commitment_stats = self.context.build_commitment_transaction(self.context.cur_counterparty_commitment_transaction_number, &counterparty_keys, false, true, logger);
-               let counterparty_commitment_txid = commitment_stats.tx.trust().txid();
+               let counterparty_commitment_tx = commitment_stats.tx;
 
                #[cfg(any(test, fuzzing))]
                {
@@ -5329,7 +5470,7 @@ impl<SP: Deref> Channel<SP> where
                        }
                }
 
-               (counterparty_commitment_txid, commitment_stats.htlcs_included)
+               (commitment_stats.htlcs_included, counterparty_commitment_tx)
        }
 
        /// Only fails in case of signer rejection. Used for channel_reestablish commitment_signed
@@ -5361,14 +5502,14 @@ impl<SP: Deref> Channel<SP> where
                                        log_trace!(logger, "Signed remote commitment tx {} (txid {}) with redeemscript {} -> {} in channel {}",
                                                encode::serialize_hex(&commitment_stats.tx.trust().built_transaction().transaction),
                                                &counterparty_commitment_txid, encode::serialize_hex(&self.context.get_funding_redeemscript()),
-                                               log_bytes!(signature.serialize_compact()[..]), log_bytes!(self.context.channel_id()));
+                                               log_bytes!(signature.serialize_compact()[..]), &self.context.channel_id());
 
                                        for (ref htlc_sig, ref htlc) in htlc_signatures.iter().zip(htlcs) {
                                                log_trace!(logger, "Signed remote HTLC tx {} with redeemscript {} with pubkey {} -> {} in channel {}",
                                                        encode::serialize_hex(&chan_utils::build_htlc_transaction(&counterparty_commitment_txid, commitment_stats.feerate_per_kw, self.context.get_holder_selected_contest_delay(), htlc, &self.context.channel_type, &counterparty_keys.broadcaster_delayed_payment_key, &counterparty_keys.revocation_key)),
                                                        encode::serialize_hex(&chan_utils::get_htlc_redeemscript(&htlc, &self.context.channel_type, &counterparty_keys)),
                                                        log_bytes!(counterparty_keys.broadcaster_htlc_key.serialize()),
-                                                       log_bytes!(htlc_sig.serialize_compact()[..]), log_bytes!(self.context.channel_id()));
+                                                       log_bytes!(htlc_sig.serialize_compact()[..]), &self.context.channel_id());
                                        }
                                }
 
@@ -5408,17 +5549,20 @@ impl<SP: Deref> Channel<SP> where
                }
        }
 
-       pub fn channel_update(&mut self, msg: &msgs::ChannelUpdate) -> Result<(), ChannelError> {
-               if msg.contents.htlc_minimum_msat >= self.context.channel_value_satoshis * 1000 {
-                       return Err(ChannelError::Close("Minimum htlc value is greater than channel value".to_string()));
-               }
-               self.context.counterparty_forwarding_info = Some(CounterpartyForwardingInfo {
+       /// Applies the `ChannelUpdate` and returns a boolean indicating whether a change actually
+       /// happened.
+       pub fn channel_update(&mut self, msg: &msgs::ChannelUpdate) -> Result<bool, ChannelError> {
+               let new_forwarding_info = Some(CounterpartyForwardingInfo {
                        fee_base_msat: msg.contents.fee_base_msat,
                        fee_proportional_millionths: msg.contents.fee_proportional_millionths,
                        cltv_expiry_delta: msg.contents.cltv_expiry_delta
                });
+               let did_change = self.context.counterparty_forwarding_info != new_forwarding_info;
+               if did_change {
+                       self.context.counterparty_forwarding_info = new_forwarding_info;
+               }
 
-               Ok(())
+               Ok(did_change)
        }
 
        /// Begins the shutdown process, getting a message for the remote peer and returning all
@@ -5454,7 +5598,7 @@ impl<SP: Deref> Channel<SP> where
                // If we haven't funded the channel yet, we don't need to bother ensuring the shutdown
                // script is set, we just force-close and call it a day.
                let mut chan_closed = false;
-               if self.context.channel_state < ChannelState::FundingSent as u32 {
+               if self.context.channel_state & !STATE_FLAGS < ChannelState::FundingSent as u32 {
                        chan_closed = true;
                }
 
@@ -5483,7 +5627,7 @@ impl<SP: Deref> Channel<SP> where
 
                // From here on out, we may not fail!
                self.context.target_closing_feerate_sats_per_kw = target_feerate_sats_per_kw;
-               if self.context.channel_state < ChannelState::FundingSent as u32 {
+               if self.context.channel_state & !STATE_FLAGS < ChannelState::FundingSent as u32 {
                        self.context.channel_state = ChannelState::ShutdownComplete as u32;
                } else {
                        self.context.channel_state |= ChannelState::LocalShutdownSent as u32;
@@ -5616,7 +5760,7 @@ impl<SP: Deref> OutboundV1Channel<SP> where SP::Target: SignerProvider {
                        Err(_) => return Err(APIError::ChannelUnavailable { err: "Failed to get destination script".to_owned()}),
                };
 
-               let temporary_channel_id = entropy_source.get_secure_random_bytes();
+               let temporary_channel_id = ChannelId::temporary_from_entropy_source(entropy_source);
 
                Ok(Self {
                        context: ChannelContext {
@@ -5706,6 +5850,7 @@ impl<SP: Deref> OutboundV1Channel<SP> where SP::Target: SignerProvider {
                                        channel_type_features: channel_type.clone()
                                },
                                funding_transaction: None,
+                               is_batch_funding: None,
 
                                counterparty_cur_commitment_point: None,
                                counterparty_prev_commitment_point: None,
@@ -5766,7 +5911,7 @@ impl<SP: Deref> OutboundV1Channel<SP> where SP::Target: SignerProvider {
        /// Note that channel_id changes during this call!
        /// Do NOT broadcast the funding transaction until after a successful funding_signed call!
        /// If an Err is returned, it is a ChannelError::Close.
-       pub fn get_funding_created<L: Deref>(mut self, funding_transaction: Transaction, funding_txo: OutPoint, logger: &L)
+       pub fn get_funding_created<L: Deref>(mut self, funding_transaction: Transaction, funding_txo: OutPoint, is_batch_funding: bool, logger: &L)
        -> Result<(Channel<SP>, msgs::FundingCreated), (Self, ChannelError)> where L::Target: Logger {
                if !self.context.is_outbound() {
                        panic!("Tried to create outbound funding_created message on an inbound channel!");
@@ -5798,7 +5943,17 @@ impl<SP: Deref> OutboundV1Channel<SP> where SP::Target: SignerProvider {
 
                self.context.channel_state = ChannelState::FundingCreated as u32;
                self.context.channel_id = funding_txo.to_channel_id();
+
+               // If the funding transaction is a coinbase transaction, we need to set the minimum depth to 100.
+               // We can skip this if it is a zero-conf channel.
+               if funding_transaction.is_coin_base() &&
+                       self.context.minimum_depth.unwrap_or(0) > 0 &&
+                       self.context.minimum_depth.unwrap_or(0) < COINBASE_MATURITY {
+                       self.context.minimum_depth = Some(COINBASE_MATURITY);
+               }
+
                self.context.funding_transaction = Some(funding_transaction);
+               self.context.is_batch_funding = Some(()).filter(|_| is_batch_funding);
 
                let channel = Channel {
                        context: self.context,
@@ -6348,6 +6503,7 @@ impl<SP: Deref> InboundV1Channel<SP> where SP::Target: SignerProvider {
                                        channel_type_features: channel_type.clone()
                                },
                                funding_transaction: None,
+                               is_batch_funding: None,
 
                                counterparty_cur_commitment_point: Some(msg.first_per_commitment_point),
                                counterparty_prev_commitment_point: None,
@@ -6451,7 +6607,7 @@ impl<SP: Deref> InboundV1Channel<SP> where SP::Target: SignerProvider {
                self.generate_accept_channel_message()
        }
 
-       fn funding_created_signature<L: Deref>(&mut self, sig: &Signature, logger: &L) -> Result<(Txid, CommitmentTransaction, Signature), ChannelError> where L::Target: Logger {
+       fn funding_created_signature<L: Deref>(&mut self, sig: &Signature, logger: &L) -> Result<(CommitmentTransaction, CommitmentTransaction, Signature), ChannelError> where L::Target: Logger {
                let funding_script = self.context.get_funding_redeemscript();
 
                let keys = self.context.build_holder_transaction_keys(self.context.cur_holder_commitment_transaction_number);
@@ -6464,7 +6620,7 @@ impl<SP: Deref> InboundV1Channel<SP> where SP::Target: SignerProvider {
                        log_trace!(logger, "Checking funding_created tx signature {} by key {} against tx {} (sighash {}) with redeemscript {} for channel {}.",
                                log_bytes!(sig.serialize_compact()[..]), log_bytes!(self.context.counterparty_funding_pubkey().serialize()),
                                encode::serialize_hex(&initial_commitment_bitcoin_tx.transaction), log_bytes!(sighash[..]),
-                               encode::serialize_hex(&funding_script), log_bytes!(self.context.channel_id()));
+                               encode::serialize_hex(&funding_script), &self.context.channel_id());
                        secp_check!(self.context.secp_ctx.verify_ecdsa(&sighash, &sig, self.context.counterparty_funding_pubkey()), "Invalid funding_created signature from peer".to_owned());
                }
 
@@ -6474,7 +6630,7 @@ impl<SP: Deref> InboundV1Channel<SP> where SP::Target: SignerProvider {
                let counterparty_trusted_tx = counterparty_initial_commitment_tx.trust();
                let counterparty_initial_bitcoin_tx = counterparty_trusted_tx.built_transaction();
                log_trace!(logger, "Initial counterparty tx for channel {} is: txid {} tx {}",
-                       log_bytes!(self.context.channel_id()), counterparty_initial_bitcoin_tx.txid, encode::serialize_hex(&counterparty_initial_bitcoin_tx.transaction));
+                       &self.context.channel_id(), counterparty_initial_bitcoin_tx.txid, encode::serialize_hex(&counterparty_initial_bitcoin_tx.transaction));
 
                match &self.context.holder_signer {
                        // TODO (arik): move match into calling method for Taproot
@@ -6483,7 +6639,7 @@ impl<SP: Deref> InboundV1Channel<SP> where SP::Target: SignerProvider {
                                        .map_err(|_| ChannelError::Close("Failed to get signatures for new commitment_signed".to_owned()))?.0;
 
                                // We sign "counterparty" commitment transaction, allowing them to broadcast the tx if they wish.
-                               Ok((counterparty_initial_bitcoin_tx.txid, initial_commitment_tx, counterparty_signature))
+                               Ok((counterparty_initial_commitment_tx, initial_commitment_tx, counterparty_signature))
                        }
                }
        }
@@ -6515,7 +6671,7 @@ impl<SP: Deref> InboundV1Channel<SP> where SP::Target: SignerProvider {
                // funding_created_signature may fail.
                self.context.holder_signer.as_mut().provide_channel_parameters(&self.context.channel_transaction_parameters);
 
-               let (counterparty_initial_commitment_txid, initial_commitment_tx, signature) = match self.funding_created_signature(&msg.signature, logger) {
+               let (counterparty_initial_commitment_tx, initial_commitment_tx, signature) = match self.funding_created_signature(&msg.signature, logger) {
                        Ok(res) => res,
                        Err(ChannelError::Close(e)) => {
                                self.context.channel_transaction_parameters.funding_outpoint = None;
@@ -6556,14 +6712,19 @@ impl<SP: Deref> InboundV1Channel<SP> where SP::Target: SignerProvider {
                                                          obscure_factor,
                                                          holder_commitment_tx, best_block, self.context.counterparty_node_id);
 
-               channel_monitor.provide_latest_counterparty_commitment_tx(counterparty_initial_commitment_txid, Vec::new(), self.context.cur_counterparty_commitment_transaction_number, self.context.counterparty_cur_commitment_point.unwrap(), logger);
+               channel_monitor.provide_initial_counterparty_commitment_tx(
+                       counterparty_initial_commitment_tx.trust().txid(), Vec::new(),
+                       self.context.cur_counterparty_commitment_transaction_number,
+                       self.context.counterparty_cur_commitment_point.unwrap(), self.context.feerate_per_kw,
+                       counterparty_initial_commitment_tx.to_broadcaster_value_sat(),
+                       counterparty_initial_commitment_tx.to_countersignatory_value_sat(), logger);
 
                self.context.channel_state = ChannelState::FundingSent as u32;
                self.context.channel_id = funding_txo.to_channel_id();
                self.context.cur_counterparty_commitment_transaction_number -= 1;
                self.context.cur_holder_commitment_transaction_number -= 1;
 
-               log_info!(logger, "Generated funding_signed for peer for channel {}", log_bytes!(self.context.channel_id()));
+               log_info!(logger, "Generated funding_signed for peer for channel {}", &self.context.channel_id());
 
                // Promote the channel to a full-fledged one now that we have updated the state and have a
                // `ChannelMonitor`.
@@ -6958,6 +7119,7 @@ impl<SP: Deref> Writeable for Channel<SP> where SP::Target: SignerProvider {
                        (31, channel_pending_event_emitted, option),
                        (35, pending_outbound_skimmed_fees, optional_vec),
                        (37, holding_cell_skimmed_fees, optional_vec),
+                       (38, self.context.is_batch_funding, option),
                });
 
                Ok(())
@@ -7180,7 +7342,7 @@ impl<'a, 'b, 'c, ES: Deref, SP: Deref> ReadableArgs<(&'a ES, &'b SP, u32, &'c Ch
                };
 
                let mut channel_parameters: ChannelTransactionParameters = Readable::read(reader)?;
-               let funding_transaction = Readable::read(reader)?;
+               let funding_transaction: Option<Transaction> = Readable::read(reader)?;
 
                let counterparty_cur_commitment_point = Readable::read(reader)?;
 
@@ -7233,7 +7395,7 @@ impl<'a, 'b, 'c, ES: Deref, SP: Deref> ReadableArgs<(&'a ES, &'b SP, u32, &'c Ch
 
                let mut user_id_high_opt: Option<u64> = None;
                let mut channel_keys_id: Option<[u8; 32]> = None;
-               let mut temporary_channel_id: Option<[u8; 32]> = None;
+               let mut temporary_channel_id: Option<ChannelId> = None;
                let mut holder_max_accepted_htlcs: Option<u16> = None;
 
                let mut blocked_monitor_updates = Some(Vec::new());
@@ -7241,6 +7403,8 @@ impl<'a, 'b, 'c, ES: Deref, SP: Deref> ReadableArgs<(&'a ES, &'b SP, u32, &'c Ch
                let mut pending_outbound_skimmed_fees_opt: Option<Vec<Option<u64>>> = None;
                let mut holding_cell_skimmed_fees_opt: Option<Vec<Option<u64>>> = None;
 
+               let mut is_batch_funding: Option<()> = None;
+
                read_tlv_fields!(reader, {
                        (0, announcement_sigs, option),
                        (1, minimum_depth, option),
@@ -7266,6 +7430,7 @@ impl<'a, 'b, 'c, ES: Deref, SP: Deref> ReadableArgs<(&'a ES, &'b SP, u32, &'c Ch
                        (31, channel_pending_event_emitted, option),
                        (35, pending_outbound_skimmed_fees_opt, optional_vec),
                        (37, holding_cell_skimmed_fees_opt, optional_vec),
+                       (38, is_batch_funding, option),
                });
 
                let (channel_keys_id, holder_signer) = if let Some(channel_keys_id) = channel_keys_id {
@@ -7273,7 +7438,7 @@ impl<'a, 'b, 'c, ES: Deref, SP: Deref> ReadableArgs<(&'a ES, &'b SP, u32, &'c Ch
                        // If we've gotten to the funding stage of the channel, populate the signer with its
                        // required channel parameters.
                        let non_shutdown_state = channel_state & (!MULTI_STATE_FLAGS);
-                       if non_shutdown_state >= (ChannelState::FundingCreated as u32) {
+                       if non_shutdown_state & !STATE_FLAGS >= (ChannelState::FundingCreated as u32) {
                                holder_signer.provide_channel_parameters(&channel_parameters);
                        }
                        (channel_keys_id, holder_signer)
@@ -7423,6 +7588,7 @@ impl<'a, 'b, 'c, ES: Deref, SP: Deref> ReadableArgs<(&'a ES, &'b SP, u32, &'c Ch
 
                                channel_transaction_parameters: channel_parameters,
                                funding_transaction,
+                               is_batch_funding,
 
                                counterparty_cur_commitment_point,
                                counterparty_prev_commitment_point,
@@ -7476,7 +7642,7 @@ mod tests {
        use crate::ln::PaymentHash;
        use crate::ln::channelmanager::{self, HTLCSource, PaymentId};
        use crate::ln::channel::InitFeatures;
-       use crate::ln::channel::{Channel, InboundHTLCOutput, OutboundV1Channel, InboundV1Channel, OutboundHTLCOutput, InboundHTLCState, OutboundHTLCState, HTLCCandidate, HTLCInitiator, commit_tx_fee_msat};
+       use crate::ln::channel::{Channel, ChannelState, InboundHTLCOutput, OutboundV1Channel, InboundV1Channel, OutboundHTLCOutput, InboundHTLCState, OutboundHTLCState, HTLCCandidate, HTLCInitiator, commit_tx_fee_msat};
        use crate::ln::channel::{MAX_FUNDING_SATOSHIS_NO_WUMBO, TOTAL_BITCOIN_SUPPLY_SATOSHIS, MIN_THEIR_CHAN_RESERVE_SATOSHIS};
        use crate::ln::features::ChannelTypeFeatures;
        use crate::ln::msgs::{ChannelUpdate, DecodeError, UnsignedChannelUpdate, MAX_VALUE_MSAT};
@@ -7655,7 +7821,7 @@ mod tests {
                        value: 10000000, script_pubkey: output_script.clone(),
                }]};
                let funding_outpoint = OutPoint{ txid: tx.txid(), index: 0 };
-               let (mut node_a_chan, funding_created_msg) = node_a_chan.get_funding_created(tx.clone(), funding_outpoint, &&logger).map_err(|_| ()).unwrap();
+               let (mut node_a_chan, funding_created_msg) = node_a_chan.get_funding_created(tx.clone(), funding_outpoint, false, &&logger).map_err(|_| ()).unwrap();
                let (_, funding_signed_msg, _) = node_b_chan.funding_created(&funding_created_msg, best_block, &&keys_provider, &&logger).map_err(|_| ()).unwrap();
 
                // Node B --> Node A: funding signed
@@ -7782,7 +7948,7 @@ mod tests {
                        value: 10000000, script_pubkey: output_script.clone(),
                }]};
                let funding_outpoint = OutPoint{ txid: tx.txid(), index: 0 };
-               let (mut node_a_chan, funding_created_msg) = node_a_chan.get_funding_created(tx.clone(), funding_outpoint, &&logger).map_err(|_| ()).unwrap();
+               let (mut node_a_chan, funding_created_msg) = node_a_chan.get_funding_created(tx.clone(), funding_outpoint, false, &&logger).map_err(|_| ()).unwrap();
                let (mut node_b_chan, funding_signed_msg, _) = node_b_chan.funding_created(&funding_created_msg, best_block, &&keys_provider, &&logger).map_err(|_| ()).unwrap();
 
                // Node B --> Node A: funding signed
@@ -7790,7 +7956,7 @@ mod tests {
 
                // Now disconnect the two nodes and check that the commitment point in
                // Node B's channel_reestablish message is sane.
-               node_b_chan.remove_uncommitted_htlcs_and_mark_paused(&&logger);
+               assert!(node_b_chan.remove_uncommitted_htlcs_and_mark_paused(&&logger).is_ok());
                let msg = node_b_chan.get_channel_reestablish(&&logger);
                assert_eq!(msg.next_local_commitment_number, 1); // now called next_commitment_number
                assert_eq!(msg.next_remote_commitment_number, 0); // now called next_revocation_number
@@ -7798,7 +7964,7 @@ mod tests {
 
                // Check that the commitment point in Node A's channel_reestablish message
                // is sane.
-               node_a_chan.remove_uncommitted_htlcs_and_mark_paused(&&logger);
+               assert!(node_a_chan.remove_uncommitted_htlcs_and_mark_paused(&&logger).is_ok());
                let msg = node_a_chan.get_channel_reestablish(&&logger);
                assert_eq!(msg.next_local_commitment_number, 1); // now called next_commitment_number
                assert_eq!(msg.next_remote_commitment_number, 0); // now called next_revocation_number
@@ -7970,7 +8136,7 @@ mod tests {
                        value: 10000000, script_pubkey: output_script.clone(),
                }]};
                let funding_outpoint = OutPoint{ txid: tx.txid(), index: 0 };
-               let (mut node_a_chan, funding_created_msg) = node_a_chan.get_funding_created(tx.clone(), funding_outpoint, &&logger).map_err(|_| ()).unwrap();
+               let (mut node_a_chan, funding_created_msg) = node_a_chan.get_funding_created(tx.clone(), funding_outpoint, false, &&logger).map_err(|_| ()).unwrap();
                let (_, funding_signed_msg, _) = node_b_chan.funding_created(&funding_created_msg, best_block, &&keys_provider, &&logger).map_err(|_| ()).unwrap();
 
                // Node B --> Node A: funding signed
@@ -7992,7 +8158,7 @@ mod tests {
                        },
                        signature: Signature::from(unsafe { FFISignature::new() })
                };
-               node_a_chan.channel_update(&update).unwrap();
+               assert!(node_a_chan.channel_update(&update).unwrap());
 
                // The counterparty can send an update with a higher minimum HTLC, but that shouldn't
                // change our official htlc_minimum_msat.
@@ -8005,6 +8171,8 @@ mod tests {
                        },
                        None => panic!("expected counterparty forwarding info to be Some")
                }
+
+               assert!(!node_a_chan.channel_update(&update).unwrap());
        }
 
        #[cfg(feature = "_test_vectors")]
@@ -8950,4 +9118,146 @@ mod tests {
                );
                assert!(res.is_err());
        }
+
+       #[test]
+       fn test_waiting_for_batch() {
+               let feeest = LowerBoundedFeeEstimator::new(&TestFeeEstimator{fee_est: 15000});
+               let logger = test_utils::TestLogger::new();
+               let secp_ctx = Secp256k1::new();
+               let seed = [42; 32];
+               let network = Network::Testnet;
+               let best_block = BestBlock::from_network(network);
+               let chain_hash = genesis_block(network).header.block_hash();
+               let keys_provider = test_utils::TestKeysInterface::new(&seed, network);
+
+               let mut config = UserConfig::default();
+               // Set trust_own_funding_0conf while ensuring we don't send channel_ready for a
+               // channel in a batch before all channels are ready.
+               config.channel_handshake_limits.trust_own_funding_0conf = true;
+
+               // Create a channel from node a to node b that will be part of batch funding.
+               let node_b_node_id = PublicKey::from_secret_key(&secp_ctx, &SecretKey::from_slice(&[42; 32]).unwrap());
+               let mut node_a_chan = OutboundV1Channel::<&TestKeysInterface>::new(
+                       &feeest,
+                       &&keys_provider,
+                       &&keys_provider,
+                       node_b_node_id,
+                       &channelmanager::provided_init_features(&config),
+                       10000000,
+                       100000,
+                       42,
+                       &config,
+                       0,
+                       42,
+               ).unwrap();
+
+               let open_channel_msg = node_a_chan.get_open_channel(genesis_block(network).header.block_hash());
+               let node_b_node_id = PublicKey::from_secret_key(&secp_ctx, &SecretKey::from_slice(&[7; 32]).unwrap());
+               let mut node_b_chan = InboundV1Channel::<&TestKeysInterface>::new(
+                       &feeest,
+                       &&keys_provider,
+                       &&keys_provider,
+                       node_b_node_id,
+                       &channelmanager::provided_channel_type_features(&config),
+                       &channelmanager::provided_init_features(&config),
+                       &open_channel_msg,
+                       7,
+                       &config,
+                       0,
+                       &&logger,
+                       true,  // Allow node b to send a 0conf channel_ready.
+               ).unwrap();
+
+               let accept_channel_msg = node_b_chan.accept_inbound_channel();
+               node_a_chan.accept_channel(
+                       &accept_channel_msg,
+                       &config.channel_handshake_limits,
+                       &channelmanager::provided_init_features(&config),
+               ).unwrap();
+
+               // Fund the channel with a batch funding transaction.
+               let output_script = node_a_chan.context.get_funding_redeemscript();
+               let tx = Transaction {
+                       version: 1,
+                       lock_time: PackedLockTime::ZERO,
+                       input: Vec::new(),
+                       output: vec![
+                               TxOut {
+                                       value: 10000000, script_pubkey: output_script.clone(),
+                               },
+                               TxOut {
+                                       value: 10000000, script_pubkey: Builder::new().into_script(),
+                               },
+                       ]};
+               let funding_outpoint = OutPoint{ txid: tx.txid(), index: 0 };
+               let (mut node_a_chan, funding_created_msg) = node_a_chan.get_funding_created(
+                       tx.clone(),
+                       funding_outpoint,
+                       true,
+                       &&logger,
+               ).map_err(|_| ()).unwrap();
+               let (mut node_b_chan, funding_signed_msg, _) = node_b_chan.funding_created(
+                       &funding_created_msg,
+                       best_block,
+                       &&keys_provider,
+                       &&logger,
+               ).map_err(|_| ()).unwrap();
+               let node_b_updates = node_b_chan.monitor_updating_restored(
+                       &&logger,
+                       &&keys_provider,
+                       chain_hash,
+                       &config,
+                       0,
+               );
+
+               // Receive funding_signed, but the channel will be configured to hold sending channel_ready and
+               // broadcasting the funding transaction until the batch is ready.
+               let _ = node_a_chan.funding_signed(
+                       &funding_signed_msg,
+                       best_block,
+                       &&keys_provider,
+                       &&logger,
+               ).unwrap();
+               let node_a_updates = node_a_chan.monitor_updating_restored(
+                       &&logger,
+                       &&keys_provider,
+                       chain_hash,
+                       &config,
+                       0,
+               );
+               // Our channel_ready shouldn't be sent yet, even with trust_own_funding_0conf set,
+               // as the funding transaction depends on all channels in the batch becoming ready.
+               assert!(node_a_updates.channel_ready.is_none());
+               assert!(node_a_updates.funding_broadcastable.is_none());
+               assert_eq!(
+                       node_a_chan.context.channel_state,
+                       ChannelState::FundingSent as u32 |
+                       ChannelState::WaitingForBatch as u32,
+               );
+
+               // It is possible to receive a 0conf channel_ready from the remote node.
+               node_a_chan.channel_ready(
+                       &node_b_updates.channel_ready.unwrap(),
+                       &&keys_provider,
+                       chain_hash,
+                       &config,
+                       &best_block,
+                       &&logger,
+               ).unwrap();
+               assert_eq!(
+                       node_a_chan.context.channel_state,
+                       ChannelState::FundingSent as u32 |
+                       ChannelState::WaitingForBatch as u32 |
+                       ChannelState::TheirChannelReady as u32,
+               );
+
+               // Clear the ChannelState::WaitingForBatch only when called by ChannelManager.
+               node_a_chan.set_batch_ready();
+               assert_eq!(
+                       node_a_chan.context.channel_state,
+                       ChannelState::FundingSent as u32 |
+                       ChannelState::TheirChannelReady as u32,
+               );
+               assert!(node_a_chan.check_get_channel_ready(0).is_some());
+       }
 }