Merge pull request #3125 from valentinewallace/2024-06-async-payments-prefactor
[rust-lightning] / lightning / src / ln / channel.rs
index 0608db10da4054dce5c96fc0dba5160f648a1376..f5c47260f6ef68842a0ff1c0d03e2935aa4a7560 100644 (file)
@@ -7,6 +7,7 @@
 // You may not use this file except in accordance with one or both of these
 // licenses.
 
+use bitcoin::amount::Amount;
 use bitcoin::blockdata::constants::ChainHash;
 use bitcoin::blockdata::script::{Script, ScriptBuf, Builder};
 use bitcoin::blockdata::transaction::Transaction;
@@ -24,12 +25,13 @@ use bitcoin::secp256k1::{PublicKey,SecretKey};
 use bitcoin::secp256k1::{Secp256k1,ecdsa::Signature};
 use bitcoin::secp256k1;
 
-use crate::ln::{ChannelId, PaymentPreimage, PaymentHash};
+use crate::ln::types::{ChannelId, PaymentPreimage, PaymentHash};
 use crate::ln::features::{ChannelTypeFeatures, InitFeatures};
 use crate::ln::msgs;
 use crate::ln::msgs::DecodeError;
 use crate::ln::script::{self, ShutdownScript};
-use crate::ln::channelmanager::{self, CounterpartyForwardingInfo, PendingHTLCStatus, HTLCSource, SentHTLCId, HTLCFailureMsg, PendingHTLCInfo, RAACommitmentOrder, BREAKDOWN_TIMEOUT, MIN_CLTV_EXPIRY_DELTA, MAX_LOCAL_BREAKDOWN_TIMEOUT, ChannelShutdownState};
+use crate::ln::channel_state::{ChannelShutdownState, CounterpartyForwardingInfo, InboundHTLCDetails, InboundHTLCStateDetails, OutboundHTLCDetails, OutboundHTLCStateDetails};
+use crate::ln::channelmanager::{self, PendingHTLCStatus, HTLCSource, SentHTLCId, HTLCFailureMsg, PendingHTLCInfo, RAACommitmentOrder, BREAKDOWN_TIMEOUT, MIN_CLTV_EXPIRY_DELTA, MAX_LOCAL_BREAKDOWN_TIMEOUT};
 use crate::ln::chan_utils::{CounterpartyCommitmentSecrets, TxCreationKeys, HTLCOutputInCommitment, htlc_success_tx_weight, htlc_timeout_tx_weight, make_funding_redeemscript, ChannelPublicKeys, CommitmentTransaction, HolderCommitmentTransaction, ChannelTransactionParameters, CounterpartyChannelTransactionParameters, MAX_HTLCS, get_commitment_transaction_number_obscure_factor, ClosingTransaction};
 use crate::ln::chan_utils;
 use crate::ln::onion_utils::HTLCFailReason;
@@ -37,7 +39,7 @@ use crate::chain::BestBlock;
 use crate::chain::chaininterface::{FeeEstimator, ConfirmationTarget, LowerBoundedFeeEstimator};
 use crate::chain::channelmonitor::{ChannelMonitor, ChannelMonitorUpdate, ChannelMonitorUpdateStep, LATENCY_GRACE_PERIOD_BLOCKS, CLOSED_CHANNEL_UPDATE_ID};
 use crate::chain::transaction::{OutPoint, TransactionData};
-use crate::sign::ecdsa::{EcdsaChannelSigner, WriteableEcdsaChannelSigner};
+use crate::sign::ecdsa::EcdsaChannelSigner;
 use crate::sign::{EntropySource, ChannelSigner, SignerProvider, NodeSigner, Recipient};
 use crate::events::ClosureReason;
 use crate::routing::gossip::NodeId;
@@ -50,7 +52,6 @@ use crate::util::scid_utils::scid_from_parts;
 use crate::io;
 use crate::prelude::*;
 use core::{cmp,mem,fmt};
-use core::convert::TryInto;
 use core::ops::Deref;
 #[cfg(any(test, fuzzing, debug_assertions))]
 use crate::sync::Mutex;
@@ -104,10 +105,38 @@ enum InboundHTLCRemovalReason {
        Fulfill(PaymentPreimage),
 }
 
+/// Represents the resolution status of an inbound HTLC.
+#[derive(Clone)]
+enum InboundHTLCResolution {
+       /// Resolved implies the action we must take with the inbound HTLC has already been determined,
+       /// i.e., we already know whether it must be failed back or forwarded.
+       //
+       // TODO: Once this variant is removed, we should also clean up
+       // [`MonitorRestoreUpdates::accepted_htlcs`] as the path will be unreachable.
+       Resolved {
+               pending_htlc_status: PendingHTLCStatus,
+       },
+       /// Pending implies we will attempt to resolve the inbound HTLC once it has been fully committed
+       /// to by both sides of the channel, i.e., once a `revoke_and_ack` has been processed by both
+       /// nodes for the state update in which it was proposed.
+       Pending {
+               update_add_htlc: msgs::UpdateAddHTLC,
+       },
+}
+
+impl_writeable_tlv_based_enum!(InboundHTLCResolution,
+       (0, Resolved) => {
+               (0, pending_htlc_status, required),
+       },
+       (2, Pending) => {
+               (0, update_add_htlc, required),
+       };
+);
+
 enum InboundHTLCState {
        /// Offered by remote, to be included in next local commitment tx. I.e., the remote sent an
        /// update_add_htlc message for this HTLC.
-       RemoteAnnounced(PendingHTLCStatus),
+       RemoteAnnounced(InboundHTLCResolution),
        /// Included in a received commitment_signed message (implying we've
        /// revoke_and_ack'd it), but the remote hasn't yet revoked their previous
        /// state (see the example below). We have not yet included this HTLC in a
@@ -137,13 +166,13 @@ enum InboundHTLCState {
        /// Implies AwaitingRemoteRevoke.
        ///
        /// [BOLT #2]: https://github.com/lightning/bolts/blob/master/02-peer-protocol.md
-       AwaitingRemoteRevokeToAnnounce(PendingHTLCStatus),
+       AwaitingRemoteRevokeToAnnounce(InboundHTLCResolution),
        /// Included in a received commitment_signed message (implying we've revoke_and_ack'd it).
        /// We have also included this HTLC in our latest commitment_signed and are now just waiting
        /// on the remote's revoke_and_ack to make this HTLC an irrevocable part of the state of the
        /// channel (before it can then get forwarded and/or removed).
        /// Implies AwaitingRemoteRevoke.
-       AwaitingAnnouncedRemoteRevoke(PendingHTLCStatus),
+       AwaitingAnnouncedRemoteRevoke(InboundHTLCResolution),
        Committed,
        /// Removed by us and a new commitment_signed was sent (if we were AwaitingRemoteRevoke when we
        /// created it we would have put it in the holding cell instead). When they next revoke_and_ack
@@ -158,6 +187,26 @@ enum InboundHTLCState {
        LocalRemoved(InboundHTLCRemovalReason),
 }
 
+impl From<&InboundHTLCState> for Option<InboundHTLCStateDetails> {
+       fn from(state: &InboundHTLCState) -> Option<InboundHTLCStateDetails> {
+               match state {
+                       InboundHTLCState::RemoteAnnounced(_) => None,
+                       InboundHTLCState::AwaitingRemoteRevokeToAnnounce(_) =>
+                               Some(InboundHTLCStateDetails::AwaitingRemoteRevokeToAdd),
+                       InboundHTLCState::AwaitingAnnouncedRemoteRevoke(_) =>
+                               Some(InboundHTLCStateDetails::AwaitingRemoteRevokeToAdd),
+                       InboundHTLCState::Committed =>
+                               Some(InboundHTLCStateDetails::Committed),
+                       InboundHTLCState::LocalRemoved(InboundHTLCRemovalReason::FailRelay(_)) =>
+                               Some(InboundHTLCStateDetails::AwaitingRemoteRevokeToRemoveFail),
+                       InboundHTLCState::LocalRemoved(InboundHTLCRemovalReason::FailMalformed(_)) =>
+                               Some(InboundHTLCStateDetails::AwaitingRemoteRevokeToRemoveFail),
+                       InboundHTLCState::LocalRemoved(InboundHTLCRemovalReason::Fulfill(_)) =>
+                               Some(InboundHTLCStateDetails::AwaitingRemoteRevokeToRemoveFulfill),
+               }
+       }
+}
+
 struct InboundHTLCOutput {
        htlc_id: u64,
        amount_msat: u64,
@@ -199,6 +248,29 @@ enum OutboundHTLCState {
        AwaitingRemovedRemoteRevoke(OutboundHTLCOutcome),
 }
 
+impl From<&OutboundHTLCState> for OutboundHTLCStateDetails {
+       fn from(state: &OutboundHTLCState) -> OutboundHTLCStateDetails {
+               match state {
+                       OutboundHTLCState::LocalAnnounced(_) =>
+                               OutboundHTLCStateDetails::AwaitingRemoteRevokeToAdd,
+                       OutboundHTLCState::Committed =>
+                               OutboundHTLCStateDetails::Committed,
+                       // RemoteRemoved states are ignored as the state is transient and the remote has not committed to
+                       // the state yet.
+                       OutboundHTLCState::RemoteRemoved(_) =>
+                               OutboundHTLCStateDetails::Committed,
+                       OutboundHTLCState::AwaitingRemoteRevokeToRemove(OutboundHTLCOutcome::Success(_)) =>
+                               OutboundHTLCStateDetails::AwaitingRemoteRevokeToRemoveSuccess,
+                       OutboundHTLCState::AwaitingRemoteRevokeToRemove(OutboundHTLCOutcome::Failure(_)) =>
+                               OutboundHTLCStateDetails::AwaitingRemoteRevokeToRemoveFailure,
+                       OutboundHTLCState::AwaitingRemovedRemoteRevoke(OutboundHTLCOutcome::Success(_)) =>
+                               OutboundHTLCStateDetails::AwaitingRemoteRevokeToRemoveSuccess,
+                       OutboundHTLCState::AwaitingRemovedRemoteRevoke(OutboundHTLCOutcome::Failure(_)) =>
+                               OutboundHTLCStateDetails::AwaitingRemoteRevokeToRemoveFailure,
+               }
+       }
+}
+
 #[derive(Clone)]
 #[cfg_attr(test, derive(Debug, PartialEq))]
 enum OutboundHTLCOutcome {
@@ -267,7 +339,7 @@ enum HTLCUpdateAwaitingACK {
 }
 
 macro_rules! define_state_flags {
-       ($flag_type_doc: expr, $flag_type: ident, [$(($flag_doc: expr, $flag: ident, $value: expr)),+], $extra_flags: expr) => {
+       ($flag_type_doc: expr, $flag_type: ident, [$(($flag_doc: expr, $flag: ident, $value: expr, $get: ident, $set: ident, $clear: ident)),+], $extra_flags: expr) => {
                #[doc = $flag_type_doc]
                #[derive(Copy, Clone, Debug, PartialEq, PartialOrd, Eq)]
                struct $flag_type(u32);
@@ -296,15 +368,18 @@ macro_rules! define_state_flags {
 
                        #[allow(unused)]
                        fn is_empty(&self) -> bool { self.0 == 0 }
-
                        #[allow(unused)]
                        fn is_set(&self, flag: Self) -> bool { *self & flag == flag }
+                       #[allow(unused)]
+                       fn set(&mut self, flag: Self) { *self |= flag }
+                       #[allow(unused)]
+                       fn clear(&mut self, flag: Self) -> Self { self.0 &= !flag.0; *self }
                }
 
-               impl core::ops::Not for $flag_type {
-                       type Output = Self;
-                       fn not(self) -> Self::Output { Self(!self.0) }
-               }
+               $(
+                       define_state_flags!($flag_type, Self::$flag, $get, $set, $clear);
+               )*
+
                impl core::ops::BitOr for $flag_type {
                        type Output = Self;
                        fn bitor(self, rhs: Self) -> Self::Output { Self(self.0 | rhs.0) }
@@ -323,8 +398,28 @@ macro_rules! define_state_flags {
        ($flag_type_doc: expr, $flag_type: ident, $flags: tt) => {
                define_state_flags!($flag_type_doc, $flag_type, $flags, 0);
        };
+       ($flag_type: ident, $flag: expr, $get: ident, $set: ident, $clear: ident) => {
+               impl $flag_type {
+                       #[allow(unused)]
+                       fn $get(&self) -> bool { self.is_set($flag_type::new() | $flag) }
+                       #[allow(unused)]
+                       fn $set(&mut self) { self.set($flag_type::new() | $flag) }
+                       #[allow(unused)]
+                       fn $clear(&mut self) -> Self { self.clear($flag_type::new() | $flag) }
+               }
+       };
        ($flag_type_doc: expr, FUNDED_STATE, $flag_type: ident, $flags: tt) => {
                define_state_flags!($flag_type_doc, $flag_type, $flags, FundedStateFlags::ALL.0);
+
+               define_state_flags!($flag_type, FundedStateFlags::PEER_DISCONNECTED,
+                       is_peer_disconnected, set_peer_disconnected, clear_peer_disconnected);
+               define_state_flags!($flag_type, FundedStateFlags::MONITOR_UPDATE_IN_PROGRESS,
+                       is_monitor_update_in_progress, set_monitor_update_in_progress, clear_monitor_update_in_progress);
+               define_state_flags!($flag_type, FundedStateFlags::REMOTE_SHUTDOWN_SENT,
+                       is_remote_shutdown_sent, set_remote_shutdown_sent, clear_remote_shutdown_sent);
+               define_state_flags!($flag_type, FundedStateFlags::LOCAL_SHUTDOWN_SENT,
+                       is_local_shutdown_sent, set_local_shutdown_sent, clear_local_shutdown_sent);
+
                impl core::ops::BitOr<FundedStateFlags> for $flag_type {
                        type Output = Self;
                        fn bitor(self, rhs: FundedStateFlags) -> Self::Output { Self(self.0 | rhs.0) }
@@ -371,15 +466,19 @@ define_state_flags!(
        "Flags that apply to all [`ChannelState`] variants in which the channel is funded.",
        FundedStateFlags, [
                ("Indicates the remote side is considered \"disconnected\" and no updates are allowed \
-                       until after we've done a `channel_reestablish` dance.", PEER_DISCONNECTED, state_flags::PEER_DISCONNECTED),
+                       until after we've done a `channel_reestablish` dance.", PEER_DISCONNECTED, state_flags::PEER_DISCONNECTED,
+                       is_peer_disconnected, set_peer_disconnected, clear_peer_disconnected),
                ("Indicates the user has told us a `ChannelMonitor` update is pending async persistence \
                        somewhere and we should pause sending any outbound messages until they've managed to \
-                       complete it.", MONITOR_UPDATE_IN_PROGRESS, state_flags::MONITOR_UPDATE_IN_PROGRESS),
+                       complete it.", MONITOR_UPDATE_IN_PROGRESS, state_flags::MONITOR_UPDATE_IN_PROGRESS,
+                       is_monitor_update_in_progress, set_monitor_update_in_progress, clear_monitor_update_in_progress),
                ("Indicates we received a `shutdown` message from the remote end. If set, they may not add \
                        any new HTLCs to the channel, and we are expected to respond with our own `shutdown` \
-                       message when possible.", REMOTE_SHUTDOWN_SENT, state_flags::REMOTE_SHUTDOWN_SENT),
+                       message when possible.", REMOTE_SHUTDOWN_SENT, state_flags::REMOTE_SHUTDOWN_SENT,
+                       is_remote_shutdown_sent, set_remote_shutdown_sent, clear_remote_shutdown_sent),
                ("Indicates we sent a `shutdown` message. At this point, we may not add any new HTLCs to \
-                       the channel.", LOCAL_SHUTDOWN_SENT, state_flags::LOCAL_SHUTDOWN_SENT)
+                       the channel.", LOCAL_SHUTDOWN_SENT, state_flags::LOCAL_SHUTDOWN_SENT,
+                       is_local_shutdown_sent, set_local_shutdown_sent, clear_local_shutdown_sent)
        ]
 );
 
@@ -387,9 +486,9 @@ define_state_flags!(
        "Flags that only apply to [`ChannelState::NegotiatingFunding`].",
        NegotiatingFundingFlags, [
                ("Indicates we have (or are prepared to) send our `open_channel`/`accept_channel` message.",
-                       OUR_INIT_SENT, state_flags::OUR_INIT_SENT),
+                       OUR_INIT_SENT, state_flags::OUR_INIT_SENT, is_our_init_sent, set_our_init_sent, clear_our_init_sent),
                ("Indicates we have received their `open_channel`/`accept_channel` message.",
-                       THEIR_INIT_SENT, state_flags::THEIR_INIT_SENT)
+                       THEIR_INIT_SENT, state_flags::THEIR_INIT_SENT, is_their_init_sent, set_their_init_sent, clear_their_init_sent)
        ]
 );
 
@@ -398,13 +497,16 @@ define_state_flags!(
        FUNDED_STATE, AwaitingChannelReadyFlags, [
                ("Indicates they sent us a `channel_ready` message. Once both `THEIR_CHANNEL_READY` and \
                        `OUR_CHANNEL_READY` are set, our state moves on to `ChannelReady`.",
-                       THEIR_CHANNEL_READY, state_flags::THEIR_CHANNEL_READY),
+                       THEIR_CHANNEL_READY, state_flags::THEIR_CHANNEL_READY,
+                       is_their_channel_ready, set_their_channel_ready, clear_their_channel_ready),
                ("Indicates we sent them a `channel_ready` message. Once both `THEIR_CHANNEL_READY` and \
                        `OUR_CHANNEL_READY` are set, our state moves on to `ChannelReady`.",
-                       OUR_CHANNEL_READY, state_flags::OUR_CHANNEL_READY),
+                       OUR_CHANNEL_READY, state_flags::OUR_CHANNEL_READY,
+                       is_our_channel_ready, set_our_channel_ready, clear_our_channel_ready),
                ("Indicates the channel was funded in a batch and the broadcast of the funding transaction \
                        is being held until all channels in the batch have received `funding_signed` and have \
-                       their monitors persisted.", WAITING_FOR_BATCH, state_flags::WAITING_FOR_BATCH)
+                       their monitors persisted.", WAITING_FOR_BATCH, state_flags::WAITING_FOR_BATCH,
+                       is_waiting_for_batch, set_waiting_for_batch, clear_waiting_for_batch)
        ]
 );
 
@@ -415,10 +517,13 @@ define_state_flags!(
                        `revoke_and_ack` message. During this period, we can't generate new `commitment_signed` \
                        messages as we'd be unable to determine which HTLCs they included in their `revoke_and_ack` \
                        implicit ACK, so instead we have to hold them away temporarily to be sent later.",
-                       AWAITING_REMOTE_REVOKE, state_flags::AWAITING_REMOTE_REVOKE)
+                       AWAITING_REMOTE_REVOKE, state_flags::AWAITING_REMOTE_REVOKE,
+                       is_awaiting_remote_revoke, set_awaiting_remote_revoke, clear_awaiting_remote_revoke)
        ]
 );
 
+// Note that the order of this enum is implicitly defined by where each variant is placed. Take this
+// into account when introducing new states and update `test_channel_state_order` accordingly.
 #[derive(Copy, Clone, Debug, PartialEq, PartialOrd, Eq)]
 enum ChannelState {
        /// We are negotiating the parameters required for the channel prior to funding it.
@@ -439,12 +544,12 @@ enum ChannelState {
 }
 
 macro_rules! impl_state_flag {
-       ($get: ident, $set: ident, $clear: ident, $state_flag: expr, [$($state: ident),+]) => {
+       ($get: ident, $set: ident, $clear: ident, [$($state: ident),+]) => {
                #[allow(unused)]
                fn $get(&self) -> bool {
                        match self {
                                $(
-                                       ChannelState::$state(flags) => flags.is_set($state_flag.into()),
+                                       ChannelState::$state(flags) => flags.$get(),
                                )*
                                _ => false,
                        }
@@ -453,7 +558,7 @@ macro_rules! impl_state_flag {
                fn $set(&mut self) {
                        match self {
                                $(
-                                       ChannelState::$state(flags) => *flags |= $state_flag,
+                                       ChannelState::$state(flags) => flags.$set(),
                                )*
                                _ => debug_assert!(false, "Attempted to set flag on unexpected ChannelState"),
                        }
@@ -462,17 +567,17 @@ macro_rules! impl_state_flag {
                fn $clear(&mut self) {
                        match self {
                                $(
-                                       ChannelState::$state(flags) => *flags &= !($state_flag),
+                                       ChannelState::$state(flags) => { let _ = flags.$clear(); },
                                )*
                                _ => debug_assert!(false, "Attempted to clear flag on unexpected ChannelState"),
                        }
                }
        };
-       ($get: ident, $set: ident, $clear: ident, $state_flag: expr, FUNDED_STATES) => {
-               impl_state_flag!($get, $set, $clear, $state_flag, [AwaitingChannelReady, ChannelReady]);
+       ($get: ident, $set: ident, $clear: ident, FUNDED_STATES) => {
+               impl_state_flag!($get, $set, $clear, [AwaitingChannelReady, ChannelReady]);
        };
-       ($get: ident, $set: ident, $clear: ident, $state_flag: expr, $state: ident) => {
-               impl_state_flag!($get, $set, $clear, $state_flag, [$state]);
+       ($get: ident, $set: ident, $clear: ident, $state: ident) => {
+               impl_state_flag!($get, $set, $clear, [$state]);
        };
 }
 
@@ -523,35 +628,27 @@ impl ChannelState {
                }
        }
 
-       fn should_force_holding_cell(&self) -> bool {
+       fn can_generate_new_commitment(&self) -> bool {
                match self {
                        ChannelState::ChannelReady(flags) =>
-                               flags.is_set(ChannelReadyFlags::AWAITING_REMOTE_REVOKE) ||
-                                       flags.is_set(FundedStateFlags::MONITOR_UPDATE_IN_PROGRESS.into()) ||
-                                       flags.is_set(FundedStateFlags::PEER_DISCONNECTED.into()),
+                               !flags.is_set(ChannelReadyFlags::AWAITING_REMOTE_REVOKE) &&
+                                       !flags.is_set(FundedStateFlags::MONITOR_UPDATE_IN_PROGRESS.into()) &&
+                                       !flags.is_set(FundedStateFlags::PEER_DISCONNECTED.into()),
                        _ => {
-                               debug_assert!(false, "The holding cell is only valid within ChannelReady");
+                               debug_assert!(false, "Can only generate new commitment within ChannelReady");
                                false
                        },
                }
        }
 
-       impl_state_flag!(is_peer_disconnected, set_peer_disconnected, clear_peer_disconnected,
-               FundedStateFlags::PEER_DISCONNECTED, FUNDED_STATES);
-       impl_state_flag!(is_monitor_update_in_progress, set_monitor_update_in_progress, clear_monitor_update_in_progress,
-               FundedStateFlags::MONITOR_UPDATE_IN_PROGRESS, FUNDED_STATES);
-       impl_state_flag!(is_local_shutdown_sent, set_local_shutdown_sent, clear_local_shutdown_sent,
-               FundedStateFlags::LOCAL_SHUTDOWN_SENT, FUNDED_STATES);
-       impl_state_flag!(is_remote_shutdown_sent, set_remote_shutdown_sent, clear_remote_shutdown_sent,
-               FundedStateFlags::REMOTE_SHUTDOWN_SENT, FUNDED_STATES);
-       impl_state_flag!(is_our_channel_ready, set_our_channel_ready, clear_our_channel_ready,
-               AwaitingChannelReadyFlags::OUR_CHANNEL_READY, AwaitingChannelReady);
-       impl_state_flag!(is_their_channel_ready, set_their_channel_ready, clear_their_channel_ready,
-               AwaitingChannelReadyFlags::THEIR_CHANNEL_READY, AwaitingChannelReady);
-       impl_state_flag!(is_waiting_for_batch, set_waiting_for_batch, clear_waiting_for_batch,
-               AwaitingChannelReadyFlags::WAITING_FOR_BATCH, AwaitingChannelReady);
-       impl_state_flag!(is_awaiting_remote_revoke, set_awaiting_remote_revoke, clear_awaiting_remote_revoke,
-               ChannelReadyFlags::AWAITING_REMOTE_REVOKE, ChannelReady);
+       impl_state_flag!(is_peer_disconnected, set_peer_disconnected, clear_peer_disconnected, FUNDED_STATES);
+       impl_state_flag!(is_monitor_update_in_progress, set_monitor_update_in_progress, clear_monitor_update_in_progress, FUNDED_STATES);
+       impl_state_flag!(is_local_shutdown_sent, set_local_shutdown_sent, clear_local_shutdown_sent, FUNDED_STATES);
+       impl_state_flag!(is_remote_shutdown_sent, set_remote_shutdown_sent, clear_remote_shutdown_sent, FUNDED_STATES);
+       impl_state_flag!(is_our_channel_ready, set_our_channel_ready, clear_our_channel_ready, AwaitingChannelReady);
+       impl_state_flag!(is_their_channel_ready, set_their_channel_ready, clear_their_channel_ready, AwaitingChannelReady);
+       impl_state_flag!(is_waiting_for_batch, set_waiting_for_batch, clear_waiting_for_batch, AwaitingChannelReady);
+       impl_state_flag!(is_awaiting_remote_revoke, set_awaiting_remote_revoke, clear_awaiting_remote_revoke, ChannelReady);
 }
 
 pub const INITIAL_COMMITMENT_NUMBER: u64 = (1 << 48) - 1;
@@ -613,7 +710,7 @@ pub const MIN_THEIR_CHAN_RESERVE_SATOSHIS: u64 = 1000;
 pub(super) enum ChannelError {
        Ignore(String),
        Warn(String),
-       Close(String),
+       Close((String, ClosureReason)),
 }
 
 impl fmt::Debug for ChannelError {
@@ -621,7 +718,7 @@ impl fmt::Debug for ChannelError {
                match self {
                        &ChannelError::Ignore(ref e) => write!(f, "Ignore : {}", e),
                        &ChannelError::Warn(ref e) => write!(f, "Warn : {}", e),
-                       &ChannelError::Close(ref e) => write!(f, "Close : {}", e),
+                       &ChannelError::Close((ref e, _)) => write!(f, "Close : {}", e),
                }
        }
 }
@@ -631,34 +728,43 @@ impl fmt::Display for ChannelError {
                match self {
                        &ChannelError::Ignore(ref e) => write!(f, "{}", e),
                        &ChannelError::Warn(ref e) => write!(f, "{}", e),
-                       &ChannelError::Close(ref e) => write!(f, "{}", e),
+                       &ChannelError::Close((ref e, _)) => write!(f, "{}", e),
                }
        }
 }
 
+impl ChannelError {
+       pub(super) fn close(err: String) -> Self {
+               ChannelError::Close((err.clone(), ClosureReason::ProcessingError { err }))
+       }
+}
+
 pub(super) struct WithChannelContext<'a, L: Deref> where L::Target: Logger {
        pub logger: &'a L,
        pub peer_id: Option<PublicKey>,
        pub channel_id: Option<ChannelId>,
+       pub payment_hash: Option<PaymentHash>,
 }
 
 impl<'a, L: Deref> Logger for WithChannelContext<'a, L> where L::Target: Logger {
        fn log(&self, mut record: Record) {
                record.peer_id = self.peer_id;
                record.channel_id = self.channel_id;
+               record.payment_hash = self.payment_hash;
                self.logger.log(record)
        }
 }
 
 impl<'a, 'b, L: Deref> WithChannelContext<'a, L>
 where L::Target: Logger {
-       pub(super) fn from<S: Deref>(logger: &'a L, context: &'b ChannelContext<S>) -> Self
+       pub(super) fn from<S: Deref>(logger: &'a L, context: &'b ChannelContext<S>, payment_hash: Option<PaymentHash>) -> Self
        where S::Target: SignerProvider
        {
                WithChannelContext {
                        logger,
                        peer_id: Some(context.counterparty_node_id),
                        channel_id: Some(context.channel_id),
+                       payment_hash
                }
        }
 }
@@ -667,7 +773,7 @@ macro_rules! secp_check {
        ($res: expr, $err: expr) => {
                match $res {
                        Ok(thing) => thing,
-                       Err(_) => return Err(ChannelError::Close($err)),
+                       Err(_) => return Err(ChannelError::close($err)),
                }
        };
 }
@@ -715,14 +821,16 @@ enum HTLCInitiator {
        RemoteOffered,
 }
 
-/// An enum gathering stats on pending HTLCs, either inbound or outbound side.
+/// Current counts of various HTLCs, useful for calculating current balances available exactly.
 struct HTLCStats {
-       pending_htlcs: u32,
-       pending_htlcs_value_msat: u64,
+       pending_inbound_htlcs: usize,
+       pending_outbound_htlcs: usize,
+       pending_inbound_htlcs_value_msat: u64,
+       pending_outbound_htlcs_value_msat: u64,
        on_counterparty_tx_dust_exposure_msat: u64,
        on_holder_tx_dust_exposure_msat: u64,
-       holding_cell_msat: u64,
-       on_holder_tx_holding_cell_htlcs_count: u32, // dust HTLCs *non*-included
+       outbound_holding_cell_msat: u64,
+       on_holder_tx_outbound_holding_cell_htlcs_count: u32, // dust HTLCs *non*-included
 }
 
 /// An enum gathering stats on commitment transaction, either local or remote.
@@ -788,6 +896,7 @@ pub(super) struct MonitorRestoreUpdates {
        pub accepted_htlcs: Vec<(PendingHTLCInfo, u64)>,
        pub failed_htlcs: Vec<(HTLCSource, PaymentHash, HTLCFailReason)>,
        pub finalized_claimed_htlcs: Vec<HTLCSource>,
+       pub pending_update_adds: Vec<msgs::UpdateAddHTLC>,
        pub funding_broadcastable: Option<Transaction>,
        pub channel_ready: Option<msgs::ChannelReady>,
        pub announcement_sigs: Option<msgs::AnnouncementSignatures>,
@@ -816,7 +925,7 @@ pub(super) struct ReestablishResponses {
 pub(crate) struct ShutdownResult {
        pub(crate) closure_reason: ClosureReason,
        /// A channel monitor update to apply.
-       pub(crate) monitor_update: Option<(PublicKey, OutPoint, ChannelMonitorUpdate)>,
+       pub(crate) monitor_update: Option<(PublicKey, OutPoint, ChannelId, ChannelMonitorUpdate)>,
        /// A list of dropped outbound HTLCs that can safely be failed backwards immediately.
        pub(crate) dropped_outbound_htlcs: Vec<(HTLCSource, PaymentHash, PublicKey, ChannelId)>,
        /// An unbroadcasted batch funding transaction id. The closure of this channel should be
@@ -830,6 +939,75 @@ pub(crate) struct ShutdownResult {
        pub(crate) channel_funding_txo: Option<OutPoint>,
 }
 
+/// Tracks the transaction number, along with current and next commitment points.
+/// This consolidates the logic to advance our commitment number and request new
+/// commitment points from our signer.
+#[derive(Debug, Copy, Clone)]
+enum HolderCommitmentPoint {
+       // TODO: add a variant for before our first commitment point is retrieved
+       /// We've advanced our commitment number and are waiting on the next commitment point.
+       /// Until the `get_per_commitment_point` signer method becomes async, this variant
+       /// will not be used.
+       PendingNext { transaction_number: u64, current: PublicKey },
+       /// Our current commitment point is ready, we've cached our next point,
+       /// and we are not pending a new one.
+       Available { transaction_number: u64, current: PublicKey, next: PublicKey },
+}
+
+impl HolderCommitmentPoint {
+       pub fn new<SP: Deref>(signer: &ChannelSignerType<SP>, secp_ctx: &Secp256k1<secp256k1::All>) -> Self
+               where SP::Target: SignerProvider
+       {
+               HolderCommitmentPoint::Available {
+                       transaction_number: INITIAL_COMMITMENT_NUMBER,
+                       current: signer.as_ref().get_per_commitment_point(INITIAL_COMMITMENT_NUMBER, secp_ctx),
+                       next: signer.as_ref().get_per_commitment_point(INITIAL_COMMITMENT_NUMBER - 1, secp_ctx),
+               }
+       }
+
+       pub fn is_available(&self) -> bool {
+               if let HolderCommitmentPoint::Available { .. } = self { true } else { false }
+       }
+
+       pub fn transaction_number(&self) -> u64 {
+               match self {
+                       HolderCommitmentPoint::PendingNext { transaction_number, .. } => *transaction_number,
+                       HolderCommitmentPoint::Available { transaction_number, .. } => *transaction_number,
+               }
+       }
+
+       pub fn current_point(&self) -> PublicKey {
+               match self {
+                       HolderCommitmentPoint::PendingNext { current, .. } => *current,
+                       HolderCommitmentPoint::Available { current, .. } => *current,
+               }
+       }
+
+       pub fn next_point(&self) -> Option<PublicKey> {
+               match self {
+                       HolderCommitmentPoint::PendingNext { .. } => None,
+                       HolderCommitmentPoint::Available { next, .. } => Some(*next),
+               }
+       }
+
+       pub fn advance<SP: Deref, L: Deref>(&mut self, signer: &ChannelSignerType<SP>, secp_ctx: &Secp256k1<secp256k1::All>, logger: &L)
+               where SP::Target: SignerProvider, L::Target: Logger
+       {
+               if let HolderCommitmentPoint::Available { transaction_number, next, .. } = self {
+                       *self = HolderCommitmentPoint::PendingNext {
+                               transaction_number: *transaction_number - 1,
+                               current: *next,
+                       };
+               }
+
+               if let HolderCommitmentPoint::PendingNext { transaction_number, current } = self {
+                       let next = signer.as_ref().get_per_commitment_point(*transaction_number - 1, secp_ctx);
+                       log_trace!(logger, "Retrieved next per-commitment point {}", *transaction_number - 1);
+                       *self = HolderCommitmentPoint::Available { transaction_number: *transaction_number, current: *current, next };
+               }
+       }
+}
+
 /// If the majority of the channels funds are to the fundee and the initiator holds only just
 /// enough funds to cover their reserve value, channels are at risk of getting "stuck". Because the
 /// initiator controls the feerate, if they then go to increase the channel fee, they may have no
@@ -905,6 +1083,10 @@ impl_writeable_tlv_based!(PendingChannelMonitorUpdate, {
 pub(super) enum ChannelPhase<SP: Deref> where SP::Target: SignerProvider {
        UnfundedOutboundV1(OutboundV1Channel<SP>),
        UnfundedInboundV1(InboundV1Channel<SP>),
+       #[cfg(any(dual_funding, splicing))]
+       UnfundedOutboundV2(OutboundV2Channel<SP>),
+       #[cfg(any(dual_funding, splicing))]
+       UnfundedInboundV2(InboundV2Channel<SP>),
        Funded(Channel<SP>),
 }
 
@@ -917,6 +1099,10 @@ impl<'a, SP: Deref> ChannelPhase<SP> where
                        ChannelPhase::Funded(chan) => &chan.context,
                        ChannelPhase::UnfundedOutboundV1(chan) => &chan.context,
                        ChannelPhase::UnfundedInboundV1(chan) => &chan.context,
+                       #[cfg(any(dual_funding, splicing))]
+                       ChannelPhase::UnfundedOutboundV2(chan) => &chan.context,
+                       #[cfg(any(dual_funding, splicing))]
+                       ChannelPhase::UnfundedInboundV2(chan) => &chan.context,
                }
        }
 
@@ -925,6 +1111,10 @@ impl<'a, SP: Deref> ChannelPhase<SP> where
                        ChannelPhase::Funded(ref mut chan) => &mut chan.context,
                        ChannelPhase::UnfundedOutboundV1(ref mut chan) => &mut chan.context,
                        ChannelPhase::UnfundedInboundV1(ref mut chan) => &mut chan.context,
+                       #[cfg(any(dual_funding, splicing))]
+                       ChannelPhase::UnfundedOutboundV2(ref mut chan) => &mut chan.context,
+                       #[cfg(any(dual_funding, splicing))]
+                       ChannelPhase::UnfundedInboundV2(ref mut chan) => &mut chan.context,
                }
        }
 }
@@ -996,7 +1186,7 @@ pub(super) struct ChannelContext<SP: Deref> where SP::Target: SignerProvider {
        // generation start at 0 and count up...this simplifies some parts of implementation at the
        // cost of others, but should really just be changed.
 
-       cur_holder_commitment_transaction_number: u64,
+       holder_commitment_point: HolderCommitmentPoint,
        cur_counterparty_commitment_transaction_number: u64,
        value_to_self_msat: u64, // Excluding all pending_htlcs, fees, and anchor outputs
        pending_inbound_htlcs: Vec<InboundHTLCOutput>,
@@ -1023,6 +1213,7 @@ pub(super) struct ChannelContext<SP: Deref> where SP::Target: SignerProvider {
        monitor_pending_forwards: Vec<(PendingHTLCInfo, u64)>,
        monitor_pending_failures: Vec<(HTLCSource, PaymentHash, HTLCFailReason)>,
        monitor_pending_finalized_fulfills: Vec<HTLCSource>,
+       monitor_pending_update_adds: Vec<msgs::UpdateAddHTLC>,
 
        /// If we went to send a commitment update (ie some messages then [`msgs::CommitmentSigned`])
        /// but our signer (initially) refused to give us a signature, we should retry at some point in
@@ -1101,7 +1292,7 @@ pub(super) struct ChannelContext<SP: Deref> where SP::Target: SignerProvider {
        /// Either the height at which this channel was created or the height at which it was last
        /// serialized if it was serialized by versions prior to 0.0.103.
        /// We use this to close if funding is never broadcasted.
-       channel_creation_height: u32,
+       pub(super) channel_creation_height: u32,
 
        counterparty_dust_limit_satoshis: u64,
 
@@ -1231,9 +1422,15 @@ pub(super) struct ChannelContext<SP: Deref> where SP::Target: SignerProvider {
        // We track whether we already emitted a `ChannelReady` event.
        channel_ready_event_emitted: bool,
 
+       /// Some if we initiated to shut down the channel.
+       local_initiated_shutdown: Option<()>,
+
        /// The unique identifier used to re-derive the private key material for the channel through
        /// [`SignerProvider::derive_channel_signer`].
+       #[cfg(not(test))]
        channel_keys_id: [u8; 32],
+       #[cfg(test)]
+       pub channel_keys_id: [u8; 32],
 
        /// If we can't release a [`ChannelMonitorUpdate`] until some external action completes, we
        /// store it here and only release it to the `ChannelManager` once it asks for it.
@@ -1241,131 +1438,688 @@ pub(super) struct ChannelContext<SP: Deref> where SP::Target: SignerProvider {
 }
 
 impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
-       /// Allowed in any state (including after shutdown)
-       pub fn get_update_time_counter(&self) -> u32 {
-               self.update_time_counter
-       }
+       fn new_for_inbound_channel<'a, ES: Deref, F: Deref, L: Deref>(
+               fee_estimator: &'a LowerBoundedFeeEstimator<F>,
+               entropy_source: &'a ES,
+               signer_provider: &'a SP,
+               counterparty_node_id: PublicKey,
+               their_features: &'a InitFeatures,
+               user_id: u128,
+               config: &'a UserConfig,
+               current_chain_height: u32,
+               logger: &'a L,
+               is_0conf: bool,
+               our_funding_satoshis: u64,
+               counterparty_pubkeys: ChannelPublicKeys,
+               channel_type: ChannelTypeFeatures,
+               holder_selected_channel_reserve_satoshis: u64,
+               msg_channel_reserve_satoshis: u64,
+               msg_push_msat: u64,
+               open_channel_fields: msgs::CommonOpenChannelFields,
+       ) -> Result<ChannelContext<SP>, ChannelError>
+               where
+                       ES::Target: EntropySource,
+                       F::Target: FeeEstimator,
+                       L::Target: Logger,
+                       SP::Target: SignerProvider,
+       {
+               let logger = WithContext::from(logger, Some(counterparty_node_id), Some(open_channel_fields.temporary_channel_id), None);
+               let announced_channel = if (open_channel_fields.channel_flags & 1) == 1 { true } else { false };
 
-       pub fn get_latest_monitor_update_id(&self) -> u64 {
-               self.latest_monitor_update_id
-       }
+               let channel_value_satoshis = our_funding_satoshis.saturating_add(open_channel_fields.funding_satoshis);
 
-       pub fn should_announce(&self) -> bool {
-               self.config.announced_channel
-       }
+               let channel_keys_id = signer_provider.generate_channel_keys_id(true, channel_value_satoshis, user_id);
+               let holder_signer = signer_provider.derive_channel_signer(channel_value_satoshis, channel_keys_id);
+               let pubkeys = holder_signer.pubkeys().clone();
 
-       pub fn is_outbound(&self) -> bool {
-               self.channel_transaction_parameters.is_outbound_from_holder
-       }
+               if config.channel_handshake_config.our_to_self_delay < BREAKDOWN_TIMEOUT {
+                       return Err(ChannelError::close(format!("Configured with an unreasonable our_to_self_delay ({}) putting user funds at risks. It must be greater than {}", config.channel_handshake_config.our_to_self_delay, BREAKDOWN_TIMEOUT)));
+               }
 
-       /// Gets the fee we'd want to charge for adding an HTLC output to this Channel
-       /// Allowed in any state (including after shutdown)
-       pub fn get_outbound_forwarding_fee_base_msat(&self) -> u32 {
-               self.config.options.forwarding_fee_base_msat
-       }
+               // Check sanity of message fields:
+               if channel_value_satoshis > config.channel_handshake_limits.max_funding_satoshis {
+                       return Err(ChannelError::close(format!(
+                               "Per our config, funding must be at most {}. It was {}. Peer contribution: {}. Our contribution: {}",
+                               config.channel_handshake_limits.max_funding_satoshis, channel_value_satoshis,
+                               open_channel_fields.funding_satoshis, our_funding_satoshis)));
+               }
+               if channel_value_satoshis >= TOTAL_BITCOIN_SUPPLY_SATOSHIS {
+                       return Err(ChannelError::close(format!("Funding must be smaller than the total bitcoin supply. It was {}", channel_value_satoshis)));
+               }
+               if msg_channel_reserve_satoshis > channel_value_satoshis {
+                       return Err(ChannelError::close(format!("Bogus channel_reserve_satoshis ({}). Must be no greater than channel_value_satoshis: {}", msg_channel_reserve_satoshis, channel_value_satoshis)));
+               }
+               let full_channel_value_msat = (channel_value_satoshis - msg_channel_reserve_satoshis) * 1000;
+               if msg_push_msat > full_channel_value_msat {
+                       return Err(ChannelError::close(format!("push_msat {} was larger than channel amount minus reserve ({})", msg_push_msat, full_channel_value_msat)));
+               }
+               if open_channel_fields.dust_limit_satoshis > channel_value_satoshis {
+                       return Err(ChannelError::close(format!("dust_limit_satoshis {} was larger than channel_value_satoshis {}. Peer never wants payout outputs?", open_channel_fields.dust_limit_satoshis, channel_value_satoshis)));
+               }
+               if open_channel_fields.htlc_minimum_msat >= full_channel_value_msat {
+                       return Err(ChannelError::close(format!("Minimum htlc value ({}) was larger than full channel value ({})", open_channel_fields.htlc_minimum_msat, full_channel_value_msat)));
+               }
+               Channel::<SP>::check_remote_fee(&channel_type, fee_estimator, open_channel_fields.commitment_feerate_sat_per_1000_weight, None, &&logger)?;
 
-       /// 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::NegotiatingFunding(NegotiatingFundingFlags::OUR_INIT_SENT)
-       }
+               let max_counterparty_selected_contest_delay = u16::min(config.channel_handshake_limits.their_to_self_delay, MAX_LOCAL_BREAKDOWN_TIMEOUT);
+               if open_channel_fields.to_self_delay > max_counterparty_selected_contest_delay {
+                       return Err(ChannelError::close(format!("They wanted our payments to be delayed by a needlessly long period. Upper limit: {}. Actual: {}", max_counterparty_selected_contest_delay, open_channel_fields.to_self_delay)));
+               }
+               if open_channel_fields.max_accepted_htlcs < 1 {
+                       return Err(ChannelError::close("0 max_accepted_htlcs makes for a useless channel".to_owned()));
+               }
+               if open_channel_fields.max_accepted_htlcs > MAX_HTLCS {
+                       return Err(ChannelError::close(format!("max_accepted_htlcs was {}. It must not be larger than {}", open_channel_fields.max_accepted_htlcs, MAX_HTLCS)));
+               }
 
-       /// Returns true if this channel is fully established and not known to be closing.
-       /// Allowed in any state (including after shutdown)
-       pub fn is_usable(&self) -> bool {
-               matches!(self.channel_state, ChannelState::ChannelReady(_)) &&
-                       !self.channel_state.is_local_shutdown_sent() &&
-                       !self.channel_state.is_remote_shutdown_sent() &&
-                       !self.monitor_pending_channel_ready
-       }
+               // Now check against optional parameters as set by config...
+               if channel_value_satoshis < config.channel_handshake_limits.min_funding_satoshis {
+                       return Err(ChannelError::close(format!("Funding satoshis ({}) is less than the user specified limit ({})", channel_value_satoshis, config.channel_handshake_limits.min_funding_satoshis)));
+               }
+               if open_channel_fields.htlc_minimum_msat > config.channel_handshake_limits.max_htlc_minimum_msat {
+                       return Err(ChannelError::close(format!("htlc_minimum_msat ({}) is higher than the user specified limit ({})", open_channel_fields.htlc_minimum_msat, config.channel_handshake_limits.max_htlc_minimum_msat)));
+               }
+               if open_channel_fields.max_htlc_value_in_flight_msat < config.channel_handshake_limits.min_max_htlc_value_in_flight_msat {
+                       return Err(ChannelError::close(format!("max_htlc_value_in_flight_msat ({}) is less than the user specified limit ({})", open_channel_fields.max_htlc_value_in_flight_msat, config.channel_handshake_limits.min_max_htlc_value_in_flight_msat)));
+               }
+               if msg_channel_reserve_satoshis > config.channel_handshake_limits.max_channel_reserve_satoshis {
+                       return Err(ChannelError::close(format!("channel_reserve_satoshis ({}) is higher than the user specified limit ({})", msg_channel_reserve_satoshis, config.channel_handshake_limits.max_channel_reserve_satoshis)));
+               }
+               if open_channel_fields.max_accepted_htlcs < config.channel_handshake_limits.min_max_accepted_htlcs {
+                       return Err(ChannelError::close(format!("max_accepted_htlcs ({}) is less than the user specified limit ({})", open_channel_fields.max_accepted_htlcs, config.channel_handshake_limits.min_max_accepted_htlcs)));
+               }
+               if open_channel_fields.dust_limit_satoshis < MIN_CHAN_DUST_LIMIT_SATOSHIS {
+                       return Err(ChannelError::close(format!("dust_limit_satoshis ({}) is less than the implementation limit ({})", open_channel_fields.dust_limit_satoshis, MIN_CHAN_DUST_LIMIT_SATOSHIS)));
+               }
+               if open_channel_fields.dust_limit_satoshis >  MAX_CHAN_DUST_LIMIT_SATOSHIS {
+                       return Err(ChannelError::close(format!("dust_limit_satoshis ({}) is greater than the implementation limit ({})", open_channel_fields.dust_limit_satoshis, MAX_CHAN_DUST_LIMIT_SATOSHIS)));
+               }
 
-       /// shutdown state returns the state of the channel in its various stages of shutdown
-       pub fn shutdown_state(&self) -> ChannelShutdownState {
-               match self.channel_state {
-                       ChannelState::AwaitingChannelReady(_)|ChannelState::ChannelReady(_) =>
-                               if self.channel_state.is_local_shutdown_sent() && !self.channel_state.is_remote_shutdown_sent() {
-                                       ChannelShutdownState::ShutdownInitiated
-                               } else if (self.channel_state.is_local_shutdown_sent() || self.channel_state.is_remote_shutdown_sent()) && !self.closing_negotiation_ready() {
-                                       ChannelShutdownState::ResolvingHTLCs
-                               } else if (self.channel_state.is_local_shutdown_sent() || self.channel_state.is_remote_shutdown_sent()) && self.closing_negotiation_ready() {
-                                       ChannelShutdownState::NegotiatingClosingFee
-                               } else {
-                                       ChannelShutdownState::NotShuttingDown
-                               },
-                       ChannelState::ShutdownComplete => ChannelShutdownState::ShutdownComplete,
-                       _ => ChannelShutdownState::NotShuttingDown,
+               // Convert things into internal flags and prep our state:
+
+               if config.channel_handshake_limits.force_announced_channel_preference {
+                       if config.channel_handshake_config.announced_channel != announced_channel {
+                               return Err(ChannelError::close("Peer tried to open channel but their announcement preference is different from ours".to_owned()));
+                       }
                }
-       }
 
-       fn closing_negotiation_ready(&self) -> bool {
-               let is_ready_to_close = match self.channel_state {
-                       ChannelState::AwaitingChannelReady(flags) =>
-                               flags & FundedStateFlags::ALL == FundedStateFlags::LOCAL_SHUTDOWN_SENT | FundedStateFlags::REMOTE_SHUTDOWN_SENT,
-                       ChannelState::ChannelReady(flags) =>
-                               flags == FundedStateFlags::LOCAL_SHUTDOWN_SENT | FundedStateFlags::REMOTE_SHUTDOWN_SENT,
-                       _ => false,
+               if holder_selected_channel_reserve_satoshis < MIN_CHAN_DUST_LIMIT_SATOSHIS {
+                       // Protocol level safety check in place, although it should never happen because
+                       // of `MIN_THEIR_CHAN_RESERVE_SATOSHIS`
+                       return Err(ChannelError::close(format!("Suitable channel reserve not found. remote_channel_reserve was ({}). dust_limit_satoshis is ({}).", holder_selected_channel_reserve_satoshis, MIN_CHAN_DUST_LIMIT_SATOSHIS)));
+               }
+               if holder_selected_channel_reserve_satoshis * 1000 >= full_channel_value_msat {
+                       return Err(ChannelError::close(format!("Suitable channel reserve not found. remote_channel_reserve was ({})msats. Channel value is ({} - {})msats.", holder_selected_channel_reserve_satoshis * 1000, full_channel_value_msat, msg_push_msat)));
+               }
+               if msg_channel_reserve_satoshis < MIN_CHAN_DUST_LIMIT_SATOSHIS {
+                       log_debug!(logger, "channel_reserve_satoshis ({}) is smaller than our dust limit ({}). We can broadcast stale states without any risk, implying this channel is very insecure for our counterparty.",
+                               msg_channel_reserve_satoshis, MIN_CHAN_DUST_LIMIT_SATOSHIS);
+               }
+               if holder_selected_channel_reserve_satoshis < open_channel_fields.dust_limit_satoshis {
+                       return Err(ChannelError::close(format!("Dust limit ({}) too high for the channel reserve we require the remote to keep ({})", open_channel_fields.dust_limit_satoshis, holder_selected_channel_reserve_satoshis)));
+               }
+
+               // check if the funder's amount for the initial commitment tx is sufficient
+               // for full fee payment plus a few HTLCs to ensure the channel will be useful.
+               let anchor_outputs_value = if channel_type.supports_anchors_zero_fee_htlc_tx() {
+                       ANCHOR_OUTPUT_VALUE_SATOSHI * 2
+               } else {
+                       0
                };
-               self.pending_inbound_htlcs.is_empty() &&
-                       self.pending_outbound_htlcs.is_empty() &&
-                       self.pending_update_fee.is_none() &&
-                       is_ready_to_close
-       }
+               let funders_amount_msat = open_channel_fields.funding_satoshis * 1000 - msg_push_msat;
+               let commitment_tx_fee = commit_tx_fee_msat(open_channel_fields.commitment_feerate_sat_per_1000_weight, MIN_AFFORDABLE_HTLC_COUNT, &channel_type) / 1000;
+               if (funders_amount_msat / 1000).saturating_sub(anchor_outputs_value) < commitment_tx_fee {
+                       return Err(ChannelError::close(format!("Funding amount ({} sats) can't even pay fee for initial commitment transaction fee of {} sats.", (funders_amount_msat / 1000).saturating_sub(anchor_outputs_value), commitment_tx_fee)));
+               }
 
-       /// Returns true if this channel is currently available for use. This is a superset of
-       /// is_usable() and considers things like the channel being temporarily disabled.
-       /// Allowed in any state (including after shutdown)
-       pub fn is_live(&self) -> bool {
-               self.is_usable() && !self.channel_state.is_peer_disconnected()
-       }
+               let to_remote_satoshis = funders_amount_msat / 1000 - commitment_tx_fee - anchor_outputs_value;
+               // While it's reasonable for us to not meet the channel reserve initially (if they don't
+               // want to push much to us), our counterparty should always have more than our reserve.
+               if to_remote_satoshis < holder_selected_channel_reserve_satoshis {
+                       return Err(ChannelError::close("Insufficient funding amount for initial reserve".to_owned()));
+               }
 
-       // Public utilities:
+               let counterparty_shutdown_scriptpubkey = if their_features.supports_upfront_shutdown_script() {
+                       match &open_channel_fields.shutdown_scriptpubkey {
+                               &Some(ref script) => {
+                                       // Peer is signaling upfront_shutdown and has opt-out with a 0-length script. We don't enforce anything
+                                       if script.len() == 0 {
+                                               None
+                                       } else {
+                                               if !script::is_bolt2_compliant(&script, their_features) {
+                                                       return Err(ChannelError::close(format!("Peer is signaling upfront_shutdown but has provided an unacceptable scriptpubkey format: {}", script)))
+                                               }
+                                               Some(script.clone())
+                                       }
+                               },
+                               // Peer is signaling upfront shutdown but don't opt-out with correct mechanism (a.k.a 0-length script). Peer looks buggy, we fail the channel
+                               &None => {
+                                       return Err(ChannelError::close("Peer is signaling upfront_shutdown but we don't get any script. Use 0-length script to opt-out".to_owned()));
+                               }
+                       }
+               } else { None };
 
-       pub fn channel_id(&self) -> ChannelId {
-               self.channel_id
-       }
+               let shutdown_scriptpubkey = if config.channel_handshake_config.commit_upfront_shutdown_pubkey {
+                       match signer_provider.get_shutdown_scriptpubkey() {
+                               Ok(scriptpubkey) => Some(scriptpubkey),
+                               Err(_) => return Err(ChannelError::close("Failed to get upfront shutdown scriptpubkey".to_owned())),
+                       }
+               } else { None };
 
-       // 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<ChannelId> {
-               self.temporary_channel_id
-       }
+               if let Some(shutdown_scriptpubkey) = &shutdown_scriptpubkey {
+                       if !shutdown_scriptpubkey.is_compatible(&their_features) {
+                               return Err(ChannelError::close(format!("Provided a scriptpubkey format not accepted by peer: {}", shutdown_scriptpubkey)));
+                       }
+               }
 
-       pub fn minimum_depth(&self) -> Option<u32> {
-               self.minimum_depth
-       }
+               let destination_script = match signer_provider.get_destination_script(channel_keys_id) {
+                       Ok(script) => script,
+                       Err(_) => return Err(ChannelError::close("Failed to get destination script".to_owned())),
+               };
 
-       /// Gets the "user_id" value passed into the construction of this channel. It has no special
-       /// meaning and exists only to allow users to have a persistent identifier of a channel.
-       pub fn get_user_id(&self) -> u128 {
-               self.user_id
-       }
+               let mut secp_ctx = Secp256k1::new();
+               secp_ctx.seeded_randomize(&entropy_source.get_secure_random_bytes());
 
-       /// Gets the channel's type
-       pub fn get_channel_type(&self) -> &ChannelTypeFeatures {
-               &self.channel_type
-       }
+               let minimum_depth = if is_0conf {
+                       Some(0)
+               } else {
+                       Some(cmp::max(config.channel_handshake_config.minimum_depth, 1))
+               };
 
-       /// Gets the channel's `short_channel_id`.
-       ///
-       /// Will return `None` if the channel hasn't been confirmed yet.
-       pub fn get_short_channel_id(&self) -> Option<u64> {
-               self.short_channel_id
-       }
+               let value_to_self_msat = our_funding_satoshis * 1000 + msg_push_msat;
 
-       /// Allowed in any state (including after shutdown)
-       pub fn latest_inbound_scid_alias(&self) -> Option<u64> {
-               self.latest_inbound_scid_alias
-       }
+               let holder_signer = ChannelSignerType::Ecdsa(holder_signer);
+               let holder_commitment_point = HolderCommitmentPoint::new(&holder_signer, &secp_ctx);
 
-       /// Allowed in any state (including after shutdown)
-       pub fn outbound_scid_alias(&self) -> u64 {
+               // TODO(dual_funding): Checks for `funding_feerate_sat_per_1000_weight`?
+
+               let channel_context = ChannelContext {
+                       user_id,
+
+                       config: LegacyChannelConfig {
+                               options: config.channel_config.clone(),
+                               announced_channel,
+                               commit_upfront_shutdown_pubkey: config.channel_handshake_config.commit_upfront_shutdown_pubkey,
+                       },
+
+                       prev_config: None,
+
+                       inbound_handshake_limits_override: None,
+
+                       temporary_channel_id: Some(open_channel_fields.temporary_channel_id),
+                       channel_id: open_channel_fields.temporary_channel_id,
+                       channel_state: ChannelState::NegotiatingFunding(
+                               NegotiatingFundingFlags::OUR_INIT_SENT | NegotiatingFundingFlags::THEIR_INIT_SENT
+                       ),
+                       announcement_sigs_state: AnnouncementSigsState::NotSent,
+                       secp_ctx,
+
+                       latest_monitor_update_id: 0,
+
+                       holder_signer,
+                       shutdown_scriptpubkey,
+                       destination_script,
+
+                       holder_commitment_point,
+                       cur_counterparty_commitment_transaction_number: INITIAL_COMMITMENT_NUMBER,
+                       value_to_self_msat,
+
+                       pending_inbound_htlcs: Vec::new(),
+                       pending_outbound_htlcs: Vec::new(),
+                       holding_cell_htlc_updates: Vec::new(),
+                       pending_update_fee: None,
+                       holding_cell_update_fee: None,
+                       next_holder_htlc_id: 0,
+                       next_counterparty_htlc_id: 0,
+                       update_time_counter: 1,
+
+                       resend_order: RAACommitmentOrder::CommitmentFirst,
+
+                       monitor_pending_channel_ready: false,
+                       monitor_pending_revoke_and_ack: false,
+                       monitor_pending_commitment_signed: false,
+                       monitor_pending_forwards: Vec::new(),
+                       monitor_pending_failures: Vec::new(),
+                       monitor_pending_finalized_fulfills: Vec::new(),
+                       monitor_pending_update_adds: Vec::new(),
+
+                       signer_pending_commitment_update: false,
+                       signer_pending_funding: false,
+
+
+                       #[cfg(debug_assertions)]
+                       holder_max_commitment_tx_output: Mutex::new((value_to_self_msat, (channel_value_satoshis * 1000 - msg_push_msat).saturating_sub(value_to_self_msat))),
+                       #[cfg(debug_assertions)]
+                       counterparty_max_commitment_tx_output: Mutex::new((value_to_self_msat, (channel_value_satoshis * 1000 - msg_push_msat).saturating_sub(value_to_self_msat))),
+
+                       last_sent_closing_fee: None,
+                       pending_counterparty_closing_signed: None,
+                       expecting_peer_commitment_signed: false,
+                       closing_fee_limits: None,
+                       target_closing_feerate_sats_per_kw: None,
+
+                       funding_tx_confirmed_in: None,
+                       funding_tx_confirmation_height: 0,
+                       short_channel_id: None,
+                       channel_creation_height: current_chain_height,
+
+                       feerate_per_kw: open_channel_fields.commitment_feerate_sat_per_1000_weight,
+                       channel_value_satoshis,
+                       counterparty_dust_limit_satoshis: open_channel_fields.dust_limit_satoshis,
+                       holder_dust_limit_satoshis: MIN_CHAN_DUST_LIMIT_SATOSHIS,
+                       counterparty_max_htlc_value_in_flight_msat: cmp::min(open_channel_fields.max_htlc_value_in_flight_msat, channel_value_satoshis * 1000),
+                       holder_max_htlc_value_in_flight_msat: get_holder_max_htlc_value_in_flight_msat(channel_value_satoshis, &config.channel_handshake_config),
+                       counterparty_selected_channel_reserve_satoshis: Some(msg_channel_reserve_satoshis),
+                       holder_selected_channel_reserve_satoshis,
+                       counterparty_htlc_minimum_msat: open_channel_fields.htlc_minimum_msat,
+                       holder_htlc_minimum_msat: if config.channel_handshake_config.our_htlc_minimum_msat == 0 { 1 } else { config.channel_handshake_config.our_htlc_minimum_msat },
+                       counterparty_max_accepted_htlcs: open_channel_fields.max_accepted_htlcs,
+                       holder_max_accepted_htlcs: cmp::min(config.channel_handshake_config.our_max_accepted_htlcs, MAX_HTLCS),
+                       minimum_depth,
+
+                       counterparty_forwarding_info: None,
+
+                       channel_transaction_parameters: ChannelTransactionParameters {
+                               holder_pubkeys: pubkeys,
+                               holder_selected_contest_delay: config.channel_handshake_config.our_to_self_delay,
+                               is_outbound_from_holder: false,
+                               counterparty_parameters: Some(CounterpartyChannelTransactionParameters {
+                                       selected_contest_delay: open_channel_fields.to_self_delay,
+                                       pubkeys: counterparty_pubkeys,
+                               }),
+                               funding_outpoint: None,
+                               channel_type_features: channel_type.clone()
+                       },
+                       funding_transaction: None,
+                       is_batch_funding: None,
+
+                       counterparty_cur_commitment_point: Some(open_channel_fields.first_per_commitment_point),
+                       counterparty_prev_commitment_point: None,
+                       counterparty_node_id,
+
+                       counterparty_shutdown_scriptpubkey,
+
+                       commitment_secrets: CounterpartyCommitmentSecrets::new(),
+
+                       channel_update_status: ChannelUpdateStatus::Enabled,
+                       closing_signed_in_flight: false,
+
+                       announcement_sigs: None,
+
+                       #[cfg(any(test, fuzzing))]
+                       next_local_commitment_tx_fee_info_cached: Mutex::new(None),
+                       #[cfg(any(test, fuzzing))]
+                       next_remote_commitment_tx_fee_info_cached: Mutex::new(None),
+
+                       workaround_lnd_bug_4006: None,
+                       sent_message_awaiting_response: None,
+
+                       latest_inbound_scid_alias: None,
+                       outbound_scid_alias: 0,
+
+                       channel_pending_event_emitted: false,
+                       channel_ready_event_emitted: false,
+
+                       #[cfg(any(test, fuzzing))]
+                       historical_inbound_htlc_fulfills: new_hash_set(),
+
+                       channel_type,
+                       channel_keys_id,
+
+                       local_initiated_shutdown: None,
+
+                       blocked_monitor_updates: Vec::new(),
+               };
+
+               Ok(channel_context)
+       }
+
+       fn new_for_outbound_channel<'a, ES: Deref, F: Deref>(
+               fee_estimator: &'a LowerBoundedFeeEstimator<F>,
+               entropy_source: &'a ES,
+               signer_provider: &'a SP,
+               counterparty_node_id: PublicKey,
+               their_features: &'a InitFeatures,
+               funding_satoshis: u64,
+               push_msat: u64,
+               user_id: u128,
+               config: &'a UserConfig,
+               current_chain_height: u32,
+               outbound_scid_alias: u64,
+               temporary_channel_id: Option<ChannelId>,
+               holder_selected_channel_reserve_satoshis: u64,
+               channel_keys_id: [u8; 32],
+               holder_signer: <SP::Target as SignerProvider>::EcdsaSigner,
+               pubkeys: ChannelPublicKeys,
+       ) -> Result<ChannelContext<SP>, APIError>
+               where
+                       ES::Target: EntropySource,
+                       F::Target: FeeEstimator,
+                       SP::Target: SignerProvider,
+       {
+               // This will be updated with the counterparty contribution if this is a dual-funded channel
+               let channel_value_satoshis = funding_satoshis;
+
+               let holder_selected_contest_delay = config.channel_handshake_config.our_to_self_delay;
+
+               if !their_features.supports_wumbo() && channel_value_satoshis > MAX_FUNDING_SATOSHIS_NO_WUMBO {
+                       return Err(APIError::APIMisuseError{err: format!("funding_value must not exceed {}, it was {}", MAX_FUNDING_SATOSHIS_NO_WUMBO, channel_value_satoshis)});
+               }
+               if channel_value_satoshis >= TOTAL_BITCOIN_SUPPLY_SATOSHIS {
+                       return Err(APIError::APIMisuseError{err: format!("funding_value must be smaller than the total bitcoin supply, it was {}", channel_value_satoshis)});
+               }
+               let channel_value_msat = channel_value_satoshis * 1000;
+               if push_msat > channel_value_msat {
+                       return Err(APIError::APIMisuseError { err: format!("Push value ({}) was larger than channel_value ({})", push_msat, channel_value_msat) });
+               }
+               if holder_selected_contest_delay < BREAKDOWN_TIMEOUT {
+                       return Err(APIError::APIMisuseError {err: format!("Configured with an unreasonable our_to_self_delay ({}) putting user funds at risks", holder_selected_contest_delay)});
+               }
+
+               let channel_type = get_initial_channel_type(&config, their_features);
+               debug_assert!(channel_type.is_subset(&channelmanager::provided_channel_type_features(&config)));
+
+               let (commitment_conf_target, anchor_outputs_value_msat)  = if channel_type.supports_anchors_zero_fee_htlc_tx() {
+                       (ConfirmationTarget::AnchorChannelFee, ANCHOR_OUTPUT_VALUE_SATOSHI * 2 * 1000)
+               } else {
+                       (ConfirmationTarget::NonAnchorChannelFee, 0)
+               };
+               let commitment_feerate = fee_estimator.bounded_sat_per_1000_weight(commitment_conf_target);
+
+               let value_to_self_msat = channel_value_satoshis * 1000 - push_msat;
+               let commitment_tx_fee = commit_tx_fee_msat(commitment_feerate, MIN_AFFORDABLE_HTLC_COUNT, &channel_type);
+               if value_to_self_msat.saturating_sub(anchor_outputs_value_msat) < commitment_tx_fee {
+                       return Err(APIError::APIMisuseError{ err: format!("Funding amount ({}) can't even pay fee for initial commitment transaction fee of {}.", value_to_self_msat / 1000, commitment_tx_fee / 1000) });
+               }
+
+               let mut secp_ctx = Secp256k1::new();
+               secp_ctx.seeded_randomize(&entropy_source.get_secure_random_bytes());
+
+               let shutdown_scriptpubkey = if config.channel_handshake_config.commit_upfront_shutdown_pubkey {
+                       match signer_provider.get_shutdown_scriptpubkey() {
+                               Ok(scriptpubkey) => Some(scriptpubkey),
+                               Err(_) => return Err(APIError::ChannelUnavailable { err: "Failed to get shutdown scriptpubkey".to_owned()}),
+                       }
+               } else { None };
+
+               if let Some(shutdown_scriptpubkey) = &shutdown_scriptpubkey {
+                       if !shutdown_scriptpubkey.is_compatible(&their_features) {
+                               return Err(APIError::IncompatibleShutdownScript { script: shutdown_scriptpubkey.clone() });
+                       }
+               }
+
+               let destination_script = match signer_provider.get_destination_script(channel_keys_id) {
+                       Ok(script) => script,
+                       Err(_) => return Err(APIError::ChannelUnavailable { err: "Failed to get destination script".to_owned()}),
+               };
+
+               let temporary_channel_id = temporary_channel_id.unwrap_or_else(|| ChannelId::temporary_from_entropy_source(entropy_source));
+
+               let holder_signer = ChannelSignerType::Ecdsa(holder_signer);
+               let holder_commitment_point = HolderCommitmentPoint::new(&holder_signer, &secp_ctx);
+
+               Ok(Self {
+                       user_id,
+
+                       config: LegacyChannelConfig {
+                               options: config.channel_config.clone(),
+                               announced_channel: config.channel_handshake_config.announced_channel,
+                               commit_upfront_shutdown_pubkey: config.channel_handshake_config.commit_upfront_shutdown_pubkey,
+                       },
+
+                       prev_config: None,
+
+                       inbound_handshake_limits_override: Some(config.channel_handshake_limits.clone()),
+
+                       channel_id: temporary_channel_id,
+                       temporary_channel_id: Some(temporary_channel_id),
+                       channel_state: ChannelState::NegotiatingFunding(NegotiatingFundingFlags::OUR_INIT_SENT),
+                       announcement_sigs_state: AnnouncementSigsState::NotSent,
+                       secp_ctx,
+                       // We'll add our counterparty's `funding_satoshis` when we receive `accept_channel2`.
+                       channel_value_satoshis,
+
+                       latest_monitor_update_id: 0,
+
+                       holder_signer,
+                       shutdown_scriptpubkey,
+                       destination_script,
+
+                       holder_commitment_point,
+                       cur_counterparty_commitment_transaction_number: INITIAL_COMMITMENT_NUMBER,
+                       value_to_self_msat,
+
+                       pending_inbound_htlcs: Vec::new(),
+                       pending_outbound_htlcs: Vec::new(),
+                       holding_cell_htlc_updates: Vec::new(),
+                       pending_update_fee: None,
+                       holding_cell_update_fee: None,
+                       next_holder_htlc_id: 0,
+                       next_counterparty_htlc_id: 0,
+                       update_time_counter: 1,
+
+                       resend_order: RAACommitmentOrder::CommitmentFirst,
+
+                       monitor_pending_channel_ready: false,
+                       monitor_pending_revoke_and_ack: false,
+                       monitor_pending_commitment_signed: false,
+                       monitor_pending_forwards: Vec::new(),
+                       monitor_pending_failures: Vec::new(),
+                       monitor_pending_finalized_fulfills: Vec::new(),
+                       monitor_pending_update_adds: Vec::new(),
+
+                       signer_pending_commitment_update: false,
+                       signer_pending_funding: false,
+
+                       // We'll add our counterparty's `funding_satoshis` to these max commitment output assertions
+                       // when we receive `accept_channel2`.
+                       #[cfg(debug_assertions)]
+                       holder_max_commitment_tx_output: Mutex::new((channel_value_satoshis * 1000 - push_msat, push_msat)),
+                       #[cfg(debug_assertions)]
+                       counterparty_max_commitment_tx_output: Mutex::new((channel_value_satoshis * 1000 - push_msat, push_msat)),
+
+                       last_sent_closing_fee: None,
+                       pending_counterparty_closing_signed: None,
+                       expecting_peer_commitment_signed: false,
+                       closing_fee_limits: None,
+                       target_closing_feerate_sats_per_kw: None,
+
+                       funding_tx_confirmed_in: None,
+                       funding_tx_confirmation_height: 0,
+                       short_channel_id: None,
+                       channel_creation_height: current_chain_height,
+
+                       feerate_per_kw: commitment_feerate,
+                       counterparty_dust_limit_satoshis: 0,
+                       holder_dust_limit_satoshis: MIN_CHAN_DUST_LIMIT_SATOSHIS,
+                       counterparty_max_htlc_value_in_flight_msat: 0,
+                       // We'll adjust this to include our counterparty's `funding_satoshis` when we
+                       // receive `accept_channel2`.
+                       holder_max_htlc_value_in_flight_msat: get_holder_max_htlc_value_in_flight_msat(channel_value_satoshis, &config.channel_handshake_config),
+                       counterparty_selected_channel_reserve_satoshis: None, // Filled in in accept_channel
+                       holder_selected_channel_reserve_satoshis,
+                       counterparty_htlc_minimum_msat: 0,
+                       holder_htlc_minimum_msat: if config.channel_handshake_config.our_htlc_minimum_msat == 0 { 1 } else { config.channel_handshake_config.our_htlc_minimum_msat },
+                       counterparty_max_accepted_htlcs: 0,
+                       holder_max_accepted_htlcs: cmp::min(config.channel_handshake_config.our_max_accepted_htlcs, MAX_HTLCS),
+                       minimum_depth: None, // Filled in in accept_channel
+
+                       counterparty_forwarding_info: None,
+
+                       channel_transaction_parameters: ChannelTransactionParameters {
+                               holder_pubkeys: pubkeys,
+                               holder_selected_contest_delay: config.channel_handshake_config.our_to_self_delay,
+                               is_outbound_from_holder: true,
+                               counterparty_parameters: None,
+                               funding_outpoint: None,
+                               channel_type_features: channel_type.clone()
+                       },
+                       funding_transaction: None,
+                       is_batch_funding: None,
+
+                       counterparty_cur_commitment_point: None,
+                       counterparty_prev_commitment_point: None,
+                       counterparty_node_id,
+
+                       counterparty_shutdown_scriptpubkey: None,
+
+                       commitment_secrets: CounterpartyCommitmentSecrets::new(),
+
+                       channel_update_status: ChannelUpdateStatus::Enabled,
+                       closing_signed_in_flight: false,
+
+                       announcement_sigs: None,
+
+                       #[cfg(any(test, fuzzing))]
+                       next_local_commitment_tx_fee_info_cached: Mutex::new(None),
+                       #[cfg(any(test, fuzzing))]
+                       next_remote_commitment_tx_fee_info_cached: Mutex::new(None),
+
+                       workaround_lnd_bug_4006: None,
+                       sent_message_awaiting_response: None,
+
+                       latest_inbound_scid_alias: None,
+                       outbound_scid_alias,
+
+                       channel_pending_event_emitted: false,
+                       channel_ready_event_emitted: false,
+
+                       #[cfg(any(test, fuzzing))]
+                       historical_inbound_htlc_fulfills: new_hash_set(),
+
+                       channel_type,
+                       channel_keys_id,
+
+                       blocked_monitor_updates: Vec::new(),
+                       local_initiated_shutdown: None,
+               })
+       }
+
+       /// Allowed in any state (including after shutdown)
+       pub fn get_update_time_counter(&self) -> u32 {
+               self.update_time_counter
+       }
+
+       pub fn get_latest_monitor_update_id(&self) -> u64 {
+               self.latest_monitor_update_id
+       }
+
+       pub fn should_announce(&self) -> bool {
+               self.config.announced_channel
+       }
+
+       pub fn is_outbound(&self) -> bool {
+               self.channel_transaction_parameters.is_outbound_from_holder
+       }
+
+       /// Gets the fee we'd want to charge for adding an HTLC output to this Channel
+       /// Allowed in any state (including after shutdown)
+       pub fn get_outbound_forwarding_fee_base_msat(&self) -> u32 {
+               self.config.options.forwarding_fee_base_msat
+       }
+
+       /// 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::NegotiatingFunding(NegotiatingFundingFlags::OUR_INIT_SENT)
+       }
+
+       /// Returns true if this channel is fully established and not known to be closing.
+       /// Allowed in any state (including after shutdown)
+       pub fn is_usable(&self) -> bool {
+               matches!(self.channel_state, ChannelState::ChannelReady(_)) &&
+                       !self.channel_state.is_local_shutdown_sent() &&
+                       !self.channel_state.is_remote_shutdown_sent() &&
+                       !self.monitor_pending_channel_ready
+       }
+
+       /// shutdown state returns the state of the channel in its various stages of shutdown
+       pub fn shutdown_state(&self) -> ChannelShutdownState {
+               match self.channel_state {
+                       ChannelState::AwaitingChannelReady(_)|ChannelState::ChannelReady(_) =>
+                               if self.channel_state.is_local_shutdown_sent() && !self.channel_state.is_remote_shutdown_sent() {
+                                       ChannelShutdownState::ShutdownInitiated
+                               } else if (self.channel_state.is_local_shutdown_sent() || self.channel_state.is_remote_shutdown_sent()) && !self.closing_negotiation_ready() {
+                                       ChannelShutdownState::ResolvingHTLCs
+                               } else if (self.channel_state.is_local_shutdown_sent() || self.channel_state.is_remote_shutdown_sent()) && self.closing_negotiation_ready() {
+                                       ChannelShutdownState::NegotiatingClosingFee
+                               } else {
+                                       ChannelShutdownState::NotShuttingDown
+                               },
+                       ChannelState::ShutdownComplete => ChannelShutdownState::ShutdownComplete,
+                       _ => ChannelShutdownState::NotShuttingDown,
+               }
+       }
+
+       fn closing_negotiation_ready(&self) -> bool {
+               let is_ready_to_close = match self.channel_state {
+                       ChannelState::AwaitingChannelReady(flags) =>
+                               flags & FundedStateFlags::ALL == FundedStateFlags::LOCAL_SHUTDOWN_SENT | FundedStateFlags::REMOTE_SHUTDOWN_SENT,
+                       ChannelState::ChannelReady(flags) =>
+                               flags == FundedStateFlags::LOCAL_SHUTDOWN_SENT | FundedStateFlags::REMOTE_SHUTDOWN_SENT,
+                       _ => false,
+               };
+               self.pending_inbound_htlcs.is_empty() &&
+                       self.pending_outbound_htlcs.is_empty() &&
+                       self.pending_update_fee.is_none() &&
+                       is_ready_to_close
+       }
+
+       /// Returns true if this channel is currently available for use. This is a superset of
+       /// is_usable() and considers things like the channel being temporarily disabled.
+       /// Allowed in any state (including after shutdown)
+       pub fn is_live(&self) -> bool {
+               self.is_usable() && !self.channel_state.is_peer_disconnected()
+       }
+
+       // Public utilities:
+
+       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<ChannelId> {
+               self.temporary_channel_id
+       }
+
+       pub fn minimum_depth(&self) -> Option<u32> {
+               self.minimum_depth
+       }
+
+       /// Gets the "user_id" value passed into the construction of this channel. It has no special
+       /// meaning and exists only to allow users to have a persistent identifier of a channel.
+       pub fn get_user_id(&self) -> u128 {
+               self.user_id
+       }
+
+       /// Gets the channel's type
+       pub fn get_channel_type(&self) -> &ChannelTypeFeatures {
+               &self.channel_type
+       }
+
+       /// Gets the channel's `short_channel_id`.
+       ///
+       /// Will return `None` if the channel hasn't been confirmed yet.
+       pub fn get_short_channel_id(&self) -> Option<u64> {
+               self.short_channel_id
+       }
+
+       /// Allowed in any state (including after shutdown)
+       pub fn latest_inbound_scid_alias(&self) -> Option<u64> {
+               self.latest_inbound_scid_alias
+       }
+
+       /// Allowed in any state (including after shutdown)
+       pub fn outbound_scid_alias(&self) -> u64 {
                self.outbound_scid_alias
        }
 
        /// Returns the holder signer for this channel.
        #[cfg(test)]
-       pub fn get_signer(&self) -> &ChannelSignerType<SP> {
-               return &self.holder_signer
+       pub fn get_mut_signer(&mut self) -> &mut ChannelSignerType<SP> {
+               return &mut self.holder_signer
        }
 
        /// Only allowed immediately after deserialization if get_outbound_scid_alias returns 0,
@@ -1382,14 +2136,151 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                self.channel_transaction_parameters.funding_outpoint
        }
 
-       /// Returns the height in which our funding transaction was confirmed.
-       pub fn get_funding_tx_confirmation_height(&self) -> Option<u32> {
-               let conf_height = self.funding_tx_confirmation_height;
-               if conf_height > 0 {
-                       Some(conf_height)
-               } else {
-                       None
-               }
+       /// Returns the height in which our funding transaction was confirmed.
+       pub fn get_funding_tx_confirmation_height(&self) -> Option<u32> {
+               let conf_height = self.funding_tx_confirmation_height;
+               if conf_height > 0 {
+                       Some(conf_height)
+               } else {
+                       None
+               }
+       }
+
+       /// Performs checks against necessary constraints after receiving either an `accept_channel` or
+       /// `accept_channel2` message.
+       pub fn do_accept_channel_checks(
+               &mut self, default_limits: &ChannelHandshakeLimits, their_features: &InitFeatures,
+               common_fields: &msgs::CommonAcceptChannelFields, channel_reserve_satoshis: u64,
+       ) -> Result<(), ChannelError> {
+               let peer_limits = if let Some(ref limits) = self.inbound_handshake_limits_override { limits } else { default_limits };
+
+               // Check sanity of message fields:
+               if !self.is_outbound() {
+                       return Err(ChannelError::close("Got an accept_channel message from an inbound peer".to_owned()));
+               }
+               if !matches!(self.channel_state, ChannelState::NegotiatingFunding(flags) if flags == NegotiatingFundingFlags::OUR_INIT_SENT) {
+                       return Err(ChannelError::close("Got an accept_channel message at a strange time".to_owned()));
+               }
+               if common_fields.dust_limit_satoshis > 21000000 * 100000000 {
+                       return Err(ChannelError::close(format!("Peer never wants payout outputs? dust_limit_satoshis was {}", common_fields.dust_limit_satoshis)));
+               }
+               if channel_reserve_satoshis > self.channel_value_satoshis {
+                       return Err(ChannelError::close(format!("Bogus channel_reserve_satoshis ({}). Must not be greater than ({})", channel_reserve_satoshis, self.channel_value_satoshis)));
+               }
+               if common_fields.dust_limit_satoshis > self.holder_selected_channel_reserve_satoshis {
+                       return Err(ChannelError::close(format!("Dust limit ({}) is bigger than our channel reserve ({})", common_fields.dust_limit_satoshis, self.holder_selected_channel_reserve_satoshis)));
+               }
+               if channel_reserve_satoshis > self.channel_value_satoshis - self.holder_selected_channel_reserve_satoshis {
+                       return Err(ChannelError::close(format!("Bogus channel_reserve_satoshis ({}). Must not be greater than channel value minus our reserve ({})",
+                               channel_reserve_satoshis, self.channel_value_satoshis - self.holder_selected_channel_reserve_satoshis)));
+               }
+               let full_channel_value_msat = (self.channel_value_satoshis - channel_reserve_satoshis) * 1000;
+               if common_fields.htlc_minimum_msat >= full_channel_value_msat {
+                       return Err(ChannelError::close(format!("Minimum htlc value ({}) is full channel value ({})", common_fields.htlc_minimum_msat, full_channel_value_msat)));
+               }
+               let max_delay_acceptable = u16::min(peer_limits.their_to_self_delay, MAX_LOCAL_BREAKDOWN_TIMEOUT);
+               if common_fields.to_self_delay > max_delay_acceptable {
+                       return Err(ChannelError::close(format!("They wanted our payments to be delayed by a needlessly long period. Upper limit: {}. Actual: {}", max_delay_acceptable, common_fields.to_self_delay)));
+               }
+               if common_fields.max_accepted_htlcs < 1 {
+                       return Err(ChannelError::close("0 max_accepted_htlcs makes for a useless channel".to_owned()));
+               }
+               if common_fields.max_accepted_htlcs > MAX_HTLCS {
+                       return Err(ChannelError::close(format!("max_accepted_htlcs was {}. It must not be larger than {}", common_fields.max_accepted_htlcs, MAX_HTLCS)));
+               }
+
+               // Now check against optional parameters as set by config...
+               if common_fields.htlc_minimum_msat > peer_limits.max_htlc_minimum_msat {
+                       return Err(ChannelError::close(format!("htlc_minimum_msat ({}) is higher than the user specified limit ({})", common_fields.htlc_minimum_msat, peer_limits.max_htlc_minimum_msat)));
+               }
+               if common_fields.max_htlc_value_in_flight_msat < peer_limits.min_max_htlc_value_in_flight_msat {
+                       return Err(ChannelError::close(format!("max_htlc_value_in_flight_msat ({}) is less than the user specified limit ({})", common_fields.max_htlc_value_in_flight_msat, peer_limits.min_max_htlc_value_in_flight_msat)));
+               }
+               if channel_reserve_satoshis > peer_limits.max_channel_reserve_satoshis {
+                       return Err(ChannelError::close(format!("channel_reserve_satoshis ({}) is higher than the user specified limit ({})", channel_reserve_satoshis, peer_limits.max_channel_reserve_satoshis)));
+               }
+               if common_fields.max_accepted_htlcs < peer_limits.min_max_accepted_htlcs {
+                       return Err(ChannelError::close(format!("max_accepted_htlcs ({}) is less than the user specified limit ({})", common_fields.max_accepted_htlcs, peer_limits.min_max_accepted_htlcs)));
+               }
+               if common_fields.dust_limit_satoshis < MIN_CHAN_DUST_LIMIT_SATOSHIS {
+                       return Err(ChannelError::close(format!("dust_limit_satoshis ({}) is less than the implementation limit ({})", common_fields.dust_limit_satoshis, MIN_CHAN_DUST_LIMIT_SATOSHIS)));
+               }
+               if common_fields.dust_limit_satoshis > MAX_CHAN_DUST_LIMIT_SATOSHIS {
+                       return Err(ChannelError::close(format!("dust_limit_satoshis ({}) is greater than the implementation limit ({})", common_fields.dust_limit_satoshis, MAX_CHAN_DUST_LIMIT_SATOSHIS)));
+               }
+               if common_fields.minimum_depth > peer_limits.max_minimum_depth {
+                       return Err(ChannelError::close(format!("We consider the minimum depth to be unreasonably large. Expected minimum: ({}). Actual: ({})", peer_limits.max_minimum_depth, common_fields.minimum_depth)));
+               }
+
+               if let Some(ty) = &common_fields.channel_type {
+                       if *ty != self.channel_type {
+                               return Err(ChannelError::close("Channel Type in accept_channel didn't match the one sent in open_channel.".to_owned()));
+                       }
+               } else if their_features.supports_channel_type() {
+                       // Assume they've accepted the channel type as they said they understand it.
+               } else {
+                       let channel_type = ChannelTypeFeatures::from_init(&their_features);
+                       if channel_type != ChannelTypeFeatures::only_static_remote_key() {
+                               return Err(ChannelError::close("Only static_remote_key is supported for non-negotiated channel types".to_owned()));
+                       }
+                       self.channel_type = channel_type.clone();
+                       self.channel_transaction_parameters.channel_type_features = channel_type;
+               }
+
+               let counterparty_shutdown_scriptpubkey = if their_features.supports_upfront_shutdown_script() {
+                       match &common_fields.shutdown_scriptpubkey {
+                               &Some(ref script) => {
+                                       // Peer is signaling upfront_shutdown and has opt-out with a 0-length script. We don't enforce anything
+                                       if script.len() == 0 {
+                                               None
+                                       } else {
+                                               if !script::is_bolt2_compliant(&script, their_features) {
+                                                       return Err(ChannelError::close(format!("Peer is signaling upfront_shutdown but has provided an unacceptable scriptpubkey format: {}", script)));
+                                               }
+                                               Some(script.clone())
+                                       }
+                               },
+                               // Peer is signaling upfront shutdown but don't opt-out with correct mechanism (a.k.a 0-length script). Peer looks buggy, we fail the channel
+                               &None => {
+                                       return Err(ChannelError::close("Peer is signaling upfront_shutdown but we don't get any script. Use 0-length script to opt-out".to_owned()));
+                               }
+                       }
+               } else { None };
+
+               self.counterparty_dust_limit_satoshis = common_fields.dust_limit_satoshis;
+               self.counterparty_max_htlc_value_in_flight_msat = cmp::min(common_fields.max_htlc_value_in_flight_msat, self.channel_value_satoshis * 1000);
+               self.counterparty_selected_channel_reserve_satoshis = Some(channel_reserve_satoshis);
+               self.counterparty_htlc_minimum_msat = common_fields.htlc_minimum_msat;
+               self.counterparty_max_accepted_htlcs = common_fields.max_accepted_htlcs;
+
+               if peer_limits.trust_own_funding_0conf {
+                       self.minimum_depth = Some(common_fields.minimum_depth);
+               } else {
+                       self.minimum_depth = Some(cmp::max(1, common_fields.minimum_depth));
+               }
+
+               let counterparty_pubkeys = ChannelPublicKeys {
+                       funding_pubkey: common_fields.funding_pubkey,
+                       revocation_basepoint: RevocationBasepoint::from(common_fields.revocation_basepoint),
+                       payment_point: common_fields.payment_basepoint,
+                       delayed_payment_basepoint: DelayedPaymentBasepoint::from(common_fields.delayed_payment_basepoint),
+                       htlc_basepoint: HtlcBasepoint::from(common_fields.htlc_basepoint)
+               };
+
+               self.channel_transaction_parameters.counterparty_parameters = Some(CounterpartyChannelTransactionParameters {
+                       selected_contest_delay: common_fields.to_self_delay,
+                       pubkeys: counterparty_pubkeys,
+               });
+
+               self.counterparty_cur_commitment_point = Some(common_fields.first_per_commitment_point);
+               self.counterparty_shutdown_scriptpubkey = counterparty_shutdown_scriptpubkey;
+
+               self.channel_state = ChannelState::NegotiatingFunding(
+                       NegotiatingFundingFlags::OUR_INIT_SENT | NegotiatingFundingFlags::THEIR_INIT_SENT
+               );
+               self.inbound_handshake_limits_override = None; // We're done enforcing limits on our peer's handshake now.
+
+               Ok(())
        }
 
        /// Returns the block hash in which our funding transaction was confirmed.
@@ -1483,15 +2374,16 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                cmp::max(self.config.options.cltv_expiry_delta, MIN_CLTV_EXPIRY_DELTA)
        }
 
-       pub fn get_max_dust_htlc_exposure_msat<F: Deref>(&self,
-               fee_estimator: &LowerBoundedFeeEstimator<F>) -> u64
-       where F::Target: FeeEstimator
-       {
+       fn get_dust_exposure_limiting_feerate<F: Deref>(&self,
+               fee_estimator: &LowerBoundedFeeEstimator<F>,
+       ) -> u32 where F::Target: FeeEstimator {
+               fee_estimator.bounded_sat_per_1000_weight(ConfirmationTarget::OnChainSweep)
+       }
+
+       pub fn get_max_dust_htlc_exposure_msat(&self, limiting_feerate_sat_per_kw: u32) -> u64 {
                match self.config.options.max_dust_htlc_exposure {
                        MaxDustHTLCExposure::FeeRateMultiplier(multiplier) => {
-                               let feerate_per_kw = fee_estimator.bounded_sat_per_1000_weight(
-                                       ConfirmationTarget::OnChainSweep) as u64;
-                               feerate_per_kw.saturating_mul(multiplier)
+                               (limiting_feerate_sat_per_kw as u64).saturating_mul(multiplier)
                        },
                        MaxDustHTLCExposure::FixedLimitMsat(limit) => limit,
                }
@@ -1824,8 +2716,8 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
        /// our counterparty!)
        /// The result is a transaction which we can revoke broadcastership of (ie a "local" transaction)
        /// TODO Some magic rust shit to compile-time check this?
-       fn build_holder_transaction_keys(&self, commitment_number: u64) -> TxCreationKeys {
-               let per_commitment_point = self.holder_signer.as_ref().get_per_commitment_point(commitment_number, &self.secp_ctx);
+       fn build_holder_transaction_keys(&self) -> TxCreationKeys {
+               let per_commitment_point = self.holder_commitment_point.current_point();
                let delayed_payment_base = &self.get_holder_pubkeys().delayed_payment_basepoint;
                let htlc_basepoint = &self.get_holder_pubkeys().htlc_basepoint;
                let counterparty_pubkeys = self.get_counterparty_pubkeys();
@@ -1876,7 +2768,7 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                        feerate_per_kw = cmp::max(feerate_per_kw, feerate);
                }
                let feerate_plus_quarter = feerate_per_kw.checked_mul(1250).map(|v| v / 1000);
-               cmp::max(2530, feerate_plus_quarter.unwrap_or(u32::max_value()))
+               cmp::max(feerate_per_kw + 2530, feerate_plus_quarter.unwrap_or(u32::max_value()))
        }
 
        /// Get forwarding information for the counterparty.
@@ -1884,86 +2776,204 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                self.counterparty_forwarding_info.clone()
        }
 
-       /// Returns a HTLCStats about inbound pending htlcs
-       fn get_inbound_pending_htlc_stats(&self, outbound_feerate_update: Option<u32>) -> HTLCStats {
+       /// Returns a HTLCStats about pending htlcs
+       fn get_pending_htlc_stats(&self, outbound_feerate_update: Option<u32>, dust_exposure_limiting_feerate: u32) -> HTLCStats {
                let context = self;
-               let mut stats = HTLCStats {
-                       pending_htlcs: context.pending_inbound_htlcs.len() as u32,
-                       pending_htlcs_value_msat: 0,
-                       on_counterparty_tx_dust_exposure_msat: 0,
-                       on_holder_tx_dust_exposure_msat: 0,
-                       holding_cell_msat: 0,
-                       on_holder_tx_holding_cell_htlcs_count: 0,
-               };
+               let uses_0_htlc_fee_anchors = self.get_channel_type().supports_anchors_zero_fee_htlc_tx();
 
-               let (htlc_timeout_dust_limit, htlc_success_dust_limit) = if context.get_channel_type().supports_anchors_zero_fee_htlc_tx() {
+               let dust_buffer_feerate = context.get_dust_buffer_feerate(outbound_feerate_update);
+               let (htlc_timeout_dust_limit, htlc_success_dust_limit) = if uses_0_htlc_fee_anchors {
                        (0, 0)
                } else {
-                       let dust_buffer_feerate = context.get_dust_buffer_feerate(outbound_feerate_update) as u64;
-                       (dust_buffer_feerate * htlc_timeout_tx_weight(context.get_channel_type()) / 1000,
-                               dust_buffer_feerate * htlc_success_tx_weight(context.get_channel_type()) / 1000)
+                       (dust_buffer_feerate as u64 * htlc_timeout_tx_weight(context.get_channel_type()) / 1000,
+                               dust_buffer_feerate as u64 * htlc_success_tx_weight(context.get_channel_type()) / 1000)
                };
-               let counterparty_dust_limit_timeout_sat = htlc_timeout_dust_limit + context.counterparty_dust_limit_satoshis;
-               let holder_dust_limit_success_sat = htlc_success_dust_limit + context.holder_dust_limit_satoshis;
-               for ref htlc in context.pending_inbound_htlcs.iter() {
-                       stats.pending_htlcs_value_msat += htlc.amount_msat;
-                       if htlc.amount_msat / 1000 < counterparty_dust_limit_timeout_sat {
-                               stats.on_counterparty_tx_dust_exposure_msat += htlc.amount_msat;
-                       }
-                       if htlc.amount_msat / 1000 < holder_dust_limit_success_sat {
-                               stats.on_holder_tx_dust_exposure_msat += htlc.amount_msat;
+
+               let mut on_holder_tx_dust_exposure_msat = 0;
+               let mut on_counterparty_tx_dust_exposure_msat = 0;
+
+               let mut on_counterparty_tx_offered_nondust_htlcs = 0;
+               let mut on_counterparty_tx_accepted_nondust_htlcs = 0;
+
+               let mut pending_inbound_htlcs_value_msat = 0;
+
+               {
+                       let counterparty_dust_limit_timeout_sat = htlc_timeout_dust_limit + context.counterparty_dust_limit_satoshis;
+                       let holder_dust_limit_success_sat = htlc_success_dust_limit + context.holder_dust_limit_satoshis;
+                       for ref htlc in context.pending_inbound_htlcs.iter() {
+                               pending_inbound_htlcs_value_msat += htlc.amount_msat;
+                               if htlc.amount_msat / 1000 < counterparty_dust_limit_timeout_sat {
+                                       on_counterparty_tx_dust_exposure_msat += htlc.amount_msat;
+                               } else {
+                                       on_counterparty_tx_offered_nondust_htlcs += 1;
+                               }
+                               if htlc.amount_msat / 1000 < holder_dust_limit_success_sat {
+                                       on_holder_tx_dust_exposure_msat += htlc.amount_msat;
+                               }
                        }
                }
-               stats
-       }
 
-       /// Returns a HTLCStats about pending outbound htlcs, *including* pending adds in our holding cell.
-       fn get_outbound_pending_htlc_stats(&self, outbound_feerate_update: Option<u32>) -> HTLCStats {
-               let context = self;
-               let mut stats = HTLCStats {
-                       pending_htlcs: context.pending_outbound_htlcs.len() as u32,
-                       pending_htlcs_value_msat: 0,
-                       on_counterparty_tx_dust_exposure_msat: 0,
-                       on_holder_tx_dust_exposure_msat: 0,
-                       holding_cell_msat: 0,
-                       on_holder_tx_holding_cell_htlcs_count: 0,
-               };
+               let mut pending_outbound_htlcs_value_msat = 0;
+               let mut outbound_holding_cell_msat = 0;
+               let mut on_holder_tx_outbound_holding_cell_htlcs_count = 0;
+               let mut pending_outbound_htlcs = self.pending_outbound_htlcs.len();
+               {
+                       let counterparty_dust_limit_success_sat = htlc_success_dust_limit + context.counterparty_dust_limit_satoshis;
+                       let holder_dust_limit_timeout_sat = htlc_timeout_dust_limit + context.holder_dust_limit_satoshis;
+                       for ref htlc in context.pending_outbound_htlcs.iter() {
+                               pending_outbound_htlcs_value_msat += htlc.amount_msat;
+                               if htlc.amount_msat / 1000 < counterparty_dust_limit_success_sat {
+                                       on_counterparty_tx_dust_exposure_msat += htlc.amount_msat;
+                               } else {
+                                       on_counterparty_tx_accepted_nondust_htlcs += 1;
+                               }
+                               if htlc.amount_msat / 1000 < holder_dust_limit_timeout_sat {
+                                       on_holder_tx_dust_exposure_msat += htlc.amount_msat;
+                               }
+                       }
 
-               let (htlc_timeout_dust_limit, htlc_success_dust_limit) = if context.get_channel_type().supports_anchors_zero_fee_htlc_tx() {
-                       (0, 0)
+                       for update in context.holding_cell_htlc_updates.iter() {
+                               if let &HTLCUpdateAwaitingACK::AddHTLC { ref amount_msat, .. } = update {
+                                       pending_outbound_htlcs += 1;
+                                       pending_outbound_htlcs_value_msat += amount_msat;
+                                       outbound_holding_cell_msat += amount_msat;
+                                       if *amount_msat / 1000 < counterparty_dust_limit_success_sat {
+                                               on_counterparty_tx_dust_exposure_msat += amount_msat;
+                                       } else {
+                                               on_counterparty_tx_accepted_nondust_htlcs += 1;
+                                       }
+                                       if *amount_msat / 1000 < holder_dust_limit_timeout_sat {
+                                               on_holder_tx_dust_exposure_msat += amount_msat;
+                                       } else {
+                                               on_holder_tx_outbound_holding_cell_htlcs_count += 1;
+                                       }
+                               }
+                       }
+               }
+
+               // Include any mining "excess" fees in the dust calculation
+               let excess_feerate_opt = outbound_feerate_update
+                       .or(self.pending_update_fee.map(|(fee, _)| fee))
+                       .unwrap_or(self.feerate_per_kw)
+                       .checked_sub(dust_exposure_limiting_feerate);
+               if let Some(excess_feerate) = excess_feerate_opt {
+                       let on_counterparty_tx_nondust_htlcs =
+                               on_counterparty_tx_accepted_nondust_htlcs + on_counterparty_tx_offered_nondust_htlcs;
+                       on_counterparty_tx_dust_exposure_msat +=
+                               commit_tx_fee_msat(excess_feerate, on_counterparty_tx_nondust_htlcs, &self.channel_type);
+                       if !self.channel_type.supports_anchors_zero_fee_htlc_tx() {
+                               on_counterparty_tx_dust_exposure_msat +=
+                                       on_counterparty_tx_accepted_nondust_htlcs as u64 * htlc_success_tx_weight(&self.channel_type)
+                                       * excess_feerate as u64 / 1000;
+                               on_counterparty_tx_dust_exposure_msat +=
+                                       on_counterparty_tx_offered_nondust_htlcs as u64 * htlc_timeout_tx_weight(&self.channel_type)
+                                       * excess_feerate as u64 / 1000;
+                       }
+               }
+
+               HTLCStats {
+                       pending_inbound_htlcs: self.pending_inbound_htlcs.len(),
+                       pending_outbound_htlcs,
+                       pending_inbound_htlcs_value_msat,
+                       pending_outbound_htlcs_value_msat,
+                       on_counterparty_tx_dust_exposure_msat,
+                       on_holder_tx_dust_exposure_msat,
+                       outbound_holding_cell_msat,
+                       on_holder_tx_outbound_holding_cell_htlcs_count,
+               }
+       }
+
+       /// Returns information on all pending inbound HTLCs.
+       pub fn get_pending_inbound_htlc_details(&self) -> Vec<InboundHTLCDetails> {
+               let mut holding_cell_states = new_hash_map();
+               for holding_cell_update in self.holding_cell_htlc_updates.iter() {
+                       match holding_cell_update {
+                               HTLCUpdateAwaitingACK::ClaimHTLC { htlc_id, .. } => {
+                                       holding_cell_states.insert(
+                                               htlc_id,
+                                               InboundHTLCStateDetails::AwaitingRemoteRevokeToRemoveFulfill,
+                                       );
+                               },
+                               HTLCUpdateAwaitingACK::FailHTLC { htlc_id, .. } => {
+                                       holding_cell_states.insert(
+                                               htlc_id,
+                                               InboundHTLCStateDetails::AwaitingRemoteRevokeToRemoveFail,
+                                       );
+                               },
+                               HTLCUpdateAwaitingACK::FailMalformedHTLC { htlc_id, .. } => {
+                                       holding_cell_states.insert(
+                                               htlc_id,
+                                               InboundHTLCStateDetails::AwaitingRemoteRevokeToRemoveFail,
+                                       );
+                               },
+                               // Outbound HTLC.
+                               HTLCUpdateAwaitingACK::AddHTLC { .. } => {},
+                       }
+               }
+               let mut inbound_details = Vec::new();
+               let htlc_success_dust_limit = if self.get_channel_type().supports_anchors_zero_fee_htlc_tx() {
+                       0
                } else {
-                       let dust_buffer_feerate = context.get_dust_buffer_feerate(outbound_feerate_update) as u64;
-                       (dust_buffer_feerate * htlc_timeout_tx_weight(context.get_channel_type()) / 1000,
-                               dust_buffer_feerate * htlc_success_tx_weight(context.get_channel_type()) / 1000)
+                       let dust_buffer_feerate = self.get_dust_buffer_feerate(None) as u64;
+                       dust_buffer_feerate * htlc_success_tx_weight(self.get_channel_type()) / 1000
                };
-               let counterparty_dust_limit_success_sat = htlc_success_dust_limit + context.counterparty_dust_limit_satoshis;
-               let holder_dust_limit_timeout_sat = htlc_timeout_dust_limit + context.holder_dust_limit_satoshis;
-               for ref htlc in context.pending_outbound_htlcs.iter() {
-                       stats.pending_htlcs_value_msat += htlc.amount_msat;
-                       if htlc.amount_msat / 1000 < counterparty_dust_limit_success_sat {
-                               stats.on_counterparty_tx_dust_exposure_msat += htlc.amount_msat;
-                       }
-                       if htlc.amount_msat / 1000 < holder_dust_limit_timeout_sat {
-                               stats.on_holder_tx_dust_exposure_msat += htlc.amount_msat;
+               let holder_dust_limit_success_sat = htlc_success_dust_limit + self.holder_dust_limit_satoshis;
+               for htlc in self.pending_inbound_htlcs.iter() {
+                       if let Some(state_details) = (&htlc.state).into() {
+                               inbound_details.push(InboundHTLCDetails{
+                                       htlc_id: htlc.htlc_id,
+                                       amount_msat: htlc.amount_msat,
+                                       cltv_expiry: htlc.cltv_expiry,
+                                       payment_hash: htlc.payment_hash,
+                                       state: Some(holding_cell_states.remove(&htlc.htlc_id).unwrap_or(state_details)),
+                                       is_dust: htlc.amount_msat / 1000 < holder_dust_limit_success_sat,
+                               });
                        }
                }
+               inbound_details
+       }
 
-               for update in context.holding_cell_htlc_updates.iter() {
-                       if let &HTLCUpdateAwaitingACK::AddHTLC { ref amount_msat, .. } = update {
-                               stats.pending_htlcs += 1;
-                               stats.pending_htlcs_value_msat += amount_msat;
-                               stats.holding_cell_msat += amount_msat;
-                               if *amount_msat / 1000 < counterparty_dust_limit_success_sat {
-                                       stats.on_counterparty_tx_dust_exposure_msat += amount_msat;
-                               }
-                               if *amount_msat / 1000 < holder_dust_limit_timeout_sat {
-                                       stats.on_holder_tx_dust_exposure_msat += amount_msat;
-                               } else {
-                                       stats.on_holder_tx_holding_cell_htlcs_count += 1;
-                               }
+       /// Returns information on all pending outbound HTLCs.
+       pub fn get_pending_outbound_htlc_details(&self) -> Vec<OutboundHTLCDetails> {
+               let mut outbound_details = Vec::new();
+               let htlc_timeout_dust_limit = if self.get_channel_type().supports_anchors_zero_fee_htlc_tx() {
+                       0
+               } else {
+                       let dust_buffer_feerate = self.get_dust_buffer_feerate(None) as u64;
+                       dust_buffer_feerate * htlc_success_tx_weight(self.get_channel_type()) / 1000
+               };
+               let holder_dust_limit_timeout_sat = htlc_timeout_dust_limit + self.holder_dust_limit_satoshis;
+               for htlc in self.pending_outbound_htlcs.iter() {
+                       outbound_details.push(OutboundHTLCDetails{
+                               htlc_id: Some(htlc.htlc_id),
+                               amount_msat: htlc.amount_msat,
+                               cltv_expiry: htlc.cltv_expiry,
+                               payment_hash: htlc.payment_hash,
+                               skimmed_fee_msat: htlc.skimmed_fee_msat,
+                               state: Some((&htlc.state).into()),
+                               is_dust: htlc.amount_msat / 1000 < holder_dust_limit_timeout_sat,
+                       });
+               }
+               for holding_cell_update in self.holding_cell_htlc_updates.iter() {
+                       if let HTLCUpdateAwaitingACK::AddHTLC {
+                               amount_msat,
+                               cltv_expiry,
+                               payment_hash,
+                               skimmed_fee_msat,
+                               ..
+                       } = *holding_cell_update {
+                               outbound_details.push(OutboundHTLCDetails{
+                                       htlc_id: None,
+                                       amount_msat: amount_msat,
+                                       cltv_expiry: cltv_expiry,
+                                       payment_hash: payment_hash,
+                                       skimmed_fee_msat: skimmed_fee_msat,
+                                       state: Some(OutboundHTLCStateDetails::AwaitingRemoteRevokeToAdd),
+                                       is_dust: amount_msat / 1000 < holder_dust_limit_timeout_sat,
+                               });
                        }
                }
-               stats
+               outbound_details
        }
 
        /// Get the available balances, see [`AvailableBalances`]'s fields for more info.
@@ -1975,9 +2985,11 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
        where F::Target: FeeEstimator
        {
                let context = &self;
-               // Note that we have to handle overflow due to the above case.
-               let inbound_stats = context.get_inbound_pending_htlc_stats(None);
-               let outbound_stats = context.get_outbound_pending_htlc_stats(None);
+               // Note that we have to handle overflow due to the case mentioned in the docs in general
+               // here.
+
+               let dust_exposure_limiting_feerate = self.get_dust_exposure_limiting_feerate(&fee_estimator);
+               let htlc_stats = context.get_pending_htlc_stats(None, dust_exposure_limiting_feerate);
 
                let mut balance_msat = context.value_to_self_msat;
                for ref htlc in context.pending_inbound_htlcs.iter() {
@@ -1985,10 +2997,10 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                                balance_msat += htlc.amount_msat;
                        }
                }
-               balance_msat -= outbound_stats.pending_htlcs_value_msat;
+               balance_msat -= htlc_stats.pending_outbound_htlcs_value_msat;
 
                let outbound_capacity_msat = context.value_to_self_msat
-                               .saturating_sub(outbound_stats.pending_htlcs_value_msat)
+                               .saturating_sub(htlc_stats.pending_outbound_htlcs_value_msat)
                                .saturating_sub(
                                        context.counterparty_selected_channel_reserve_satoshis.unwrap_or(0) * 1000);
 
@@ -2048,7 +3060,7 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
 
                        let holder_selected_chan_reserve_msat = context.holder_selected_channel_reserve_satoshis * 1000;
                        let remote_balance_msat = (context.channel_value_satoshis * 1000 - context.value_to_self_msat)
-                               .saturating_sub(inbound_stats.pending_htlcs_value_msat);
+                               .saturating_sub(htlc_stats.pending_inbound_htlcs_value_msat);
 
                        if remote_balance_msat < max_reserved_commit_tx_fee_msat + holder_selected_chan_reserve_msat + anchor_outputs_value_msat {
                                // If another HTLC's fee would reduce the remote's balance below the reserve limit
@@ -2065,7 +3077,7 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                // send above the dust limit (as the router can always overpay to meet the dust limit).
                let mut remaining_msat_below_dust_exposure_limit = None;
                let mut dust_exposure_dust_limit_msat = 0;
-               let max_dust_htlc_exposure_msat = context.get_max_dust_htlc_exposure_msat(fee_estimator);
+               let max_dust_htlc_exposure_msat = context.get_max_dust_htlc_exposure_msat(dust_exposure_limiting_feerate);
 
                let (htlc_success_dust_limit, htlc_timeout_dust_limit) = if context.get_channel_type().supports_anchors_zero_fee_htlc_tx() {
                        (context.counterparty_dust_limit_satoshis, context.holder_dust_limit_satoshis)
@@ -2074,18 +3086,32 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                        (context.counterparty_dust_limit_satoshis + dust_buffer_feerate * htlc_success_tx_weight(context.get_channel_type()) / 1000,
                         context.holder_dust_limit_satoshis       + dust_buffer_feerate * htlc_timeout_tx_weight(context.get_channel_type()) / 1000)
                };
-               let on_counterparty_dust_htlc_exposure_msat = inbound_stats.on_counterparty_tx_dust_exposure_msat + outbound_stats.on_counterparty_tx_dust_exposure_msat;
-               if on_counterparty_dust_htlc_exposure_msat as i64 + htlc_success_dust_limit as i64 * 1000 - 1 > max_dust_htlc_exposure_msat.try_into().unwrap_or(i64::max_value()) {
+
+               let excess_feerate_opt = self.feerate_per_kw.checked_sub(dust_exposure_limiting_feerate);
+               if let Some(excess_feerate) = excess_feerate_opt {
+                       let htlc_dust_exposure_msat =
+                               per_outbound_htlc_counterparty_commit_tx_fee_msat(excess_feerate, &context.channel_type);
+                       let nondust_htlc_counterparty_tx_dust_exposure =
+                               htlc_stats.on_counterparty_tx_dust_exposure_msat.saturating_add(htlc_dust_exposure_msat);
+                       if nondust_htlc_counterparty_tx_dust_exposure > max_dust_htlc_exposure_msat {
+                               // If adding an extra HTLC would put us over the dust limit in total fees, we cannot
+                               // send any non-dust HTLCs.
+                               available_capacity_msat = cmp::min(available_capacity_msat, htlc_success_dust_limit * 1000);
+                       }
+               }
+
+               if htlc_stats.on_counterparty_tx_dust_exposure_msat.saturating_add(htlc_success_dust_limit * 1000) > max_dust_htlc_exposure_msat.saturating_add(1) {
+                       // Note that we don't use the `counterparty_tx_dust_exposure` (with
+                       // `htlc_dust_exposure_msat`) here as it only applies to non-dust HTLCs.
                        remaining_msat_below_dust_exposure_limit =
-                               Some(max_dust_htlc_exposure_msat.saturating_sub(on_counterparty_dust_htlc_exposure_msat));
+                               Some(max_dust_htlc_exposure_msat.saturating_sub(htlc_stats.on_counterparty_tx_dust_exposure_msat));
                        dust_exposure_dust_limit_msat = cmp::max(dust_exposure_dust_limit_msat, htlc_success_dust_limit * 1000);
                }
 
-               let on_holder_dust_htlc_exposure_msat = inbound_stats.on_holder_tx_dust_exposure_msat + outbound_stats.on_holder_tx_dust_exposure_msat;
-               if on_holder_dust_htlc_exposure_msat as i64 + htlc_timeout_dust_limit as i64 * 1000 - 1 > max_dust_htlc_exposure_msat.try_into().unwrap_or(i64::max_value()) {
+               if htlc_stats.on_holder_tx_dust_exposure_msat as i64 + htlc_timeout_dust_limit as i64 * 1000 - 1 > max_dust_htlc_exposure_msat.try_into().unwrap_or(i64::max_value()) {
                        remaining_msat_below_dust_exposure_limit = Some(cmp::min(
                                remaining_msat_below_dust_exposure_limit.unwrap_or(u64::max_value()),
-                               max_dust_htlc_exposure_msat.saturating_sub(on_holder_dust_htlc_exposure_msat)));
+                               max_dust_htlc_exposure_msat.saturating_sub(htlc_stats.on_holder_tx_dust_exposure_msat)));
                        dust_exposure_dust_limit_msat = cmp::max(dust_exposure_dust_limit_msat, htlc_timeout_dust_limit * 1000);
                }
 
@@ -2098,16 +3124,16 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                }
 
                available_capacity_msat = cmp::min(available_capacity_msat,
-                       context.counterparty_max_htlc_value_in_flight_msat - outbound_stats.pending_htlcs_value_msat);
+                       context.counterparty_max_htlc_value_in_flight_msat - htlc_stats.pending_outbound_htlcs_value_msat);
 
-               if outbound_stats.pending_htlcs + 1 > context.counterparty_max_accepted_htlcs as u32 {
+               if htlc_stats.pending_outbound_htlcs + 1 > context.counterparty_max_accepted_htlcs as usize {
                        available_capacity_msat = 0;
                }
 
                AvailableBalances {
                        inbound_capacity_msat: cmp::max(context.channel_value_satoshis as i64 * 1000
                                        - context.value_to_self_msat as i64
-                                       - context.get_inbound_pending_htlc_stats(None).pending_htlcs_value_msat as i64
+                                       - htlc_stats.pending_inbound_htlcs_value_msat as i64
                                        - context.holder_selected_channel_reserve_satoshis as i64 * 1000,
                                0) as u64,
                        outbound_capacity_msat,
@@ -2388,16 +3414,13 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                        // funding transaction, don't return a funding txo (which prevents providing the
                        // monitor update to the user, even if we return one).
                        // See test_duplicate_chan_id and test_pre_lockin_no_chan_closed_update for more.
-                       let generate_monitor_update = match self.channel_state {
-                               ChannelState::AwaitingChannelReady(_)|ChannelState::ChannelReady(_)|ChannelState::ShutdownComplete => true,
-                               _ => false,
-                       };
-                       if generate_monitor_update {
+                       if !self.channel_state.is_pre_funded_state() {
                                self.latest_monitor_update_id = CLOSED_CHANNEL_UPDATE_ID;
-                               Some((self.get_counterparty_node_id(), funding_txo, ChannelMonitorUpdate {
+                               Some((self.get_counterparty_node_id(), funding_txo, self.channel_id(), ChannelMonitorUpdate {
                                        update_id: self.latest_monitor_update_id,
                                        counterparty_node_id: Some(self.counterparty_node_id),
                                        updates: vec![ChannelMonitorUpdateStep::ChannelForceClosed { should_broadcast }],
+                                       channel_id: Some(self.channel_id()),
                                }))
                        } else { None }
                } else { None };
@@ -2463,6 +3486,49 @@ impl<SP: Deref> ChannelContext<SP> where SP::Target: SignerProvider  {
                        _ => todo!()
                }
        }
+
+       /// If we receive an error message when attempting to open a channel, it may only be a rejection
+       /// of the channel type we tried, not of our ability to open any channel at all. We can see if a
+       /// downgrade of channel features would be possible so that we can still open the channel.
+       pub(crate) fn maybe_downgrade_channel_features<F: Deref>(
+               &mut self, fee_estimator: &LowerBoundedFeeEstimator<F>
+       ) -> Result<(), ()>
+       where
+               F::Target: FeeEstimator
+       {
+               if !self.is_outbound() ||
+                       !matches!(
+                               self.channel_state, ChannelState::NegotiatingFunding(flags)
+                               if flags == NegotiatingFundingFlags::OUR_INIT_SENT
+                       )
+               {
+                       return Err(());
+               }
+               if self.channel_type == ChannelTypeFeatures::only_static_remote_key() {
+                       // We've exhausted our options
+                       return Err(());
+               }
+               // We support opening a few different types of channels. Try removing our additional
+               // features one by one until we've either arrived at our default or the counterparty has
+               // accepted one.
+               //
+               // Due to the order below, we may not negotiate `option_anchors_zero_fee_htlc_tx` if the
+               // counterparty doesn't support `option_scid_privacy`. Since `get_initial_channel_type`
+               // checks whether the counterparty supports every feature, this would only happen if the
+               // counterparty is advertising the feature, but rejecting channels proposing the feature for
+               // whatever reason.
+               if self.channel_type.supports_anchors_zero_fee_htlc_tx() {
+                       self.channel_type.clear_anchors_zero_fee_htlc_tx();
+                       self.feerate_per_kw = fee_estimator.bounded_sat_per_1000_weight(ConfirmationTarget::NonAnchorChannelFee);
+                       assert!(!self.channel_transaction_parameters.channel_type_features.supports_anchors_nonzero_fee_htlc_tx());
+               } else if self.channel_type.supports_scid_privacy() {
+                       self.channel_type.clear_scid_privacy();
+               } else {
+                       self.channel_type = ChannelTypeFeatures::only_static_remote_key();
+               }
+               self.channel_transaction_parameters.channel_type_features = self.channel_type.clone();
+               Ok(())
+       }
 }
 
 // Internal utility functions for channels
@@ -2507,6 +3573,20 @@ pub(crate) fn get_legacy_default_holder_selected_channel_reserve_satoshis(channe
        cmp::min(channel_value_satoshis, cmp::max(q, 1000))
 }
 
+/// Returns a minimum channel reserve value each party needs to maintain, fixed in the spec to a
+/// default of 1% of the total channel value.
+///
+/// Guaranteed to return a value no larger than channel_value_satoshis
+///
+/// This is used both for outbound and inbound channels and has lower bound
+/// of `dust_limit_satoshis`.
+#[cfg(any(dual_funding, splicing))]
+fn get_v2_channel_reserve_satoshis(channel_value_satoshis: u64, dust_limit_satoshis: u64) -> u64 {
+       // Fixed at 1% of channel value by spec.
+       let (q, _) = channel_value_satoshis.overflowing_div(100);
+       cmp::min(channel_value_satoshis, cmp::max(q, dust_limit_satoshis))
+}
+
 // Get the fee cost in SATS of a commitment tx with a given number of HTLC outputs.
 // Note that num_htlcs should not include dust HTLCs.
 #[inline]
@@ -2522,10 +3602,37 @@ pub(crate) fn commit_tx_fee_msat(feerate_per_kw: u32, num_htlcs: usize, channel_
        (commitment_tx_base_weight(channel_type_features) + num_htlcs as u64 * COMMITMENT_TX_WEIGHT_PER_HTLC) * feerate_per_kw as u64 / 1000 * 1000
 }
 
+pub(crate) fn per_outbound_htlc_counterparty_commit_tx_fee_msat(feerate_per_kw: u32, channel_type_features: &ChannelTypeFeatures) -> u64 {
+       // Note that we need to divide before multiplying to round properly,
+       // since the lowest denomination of bitcoin on-chain is the satoshi.
+       let commitment_tx_fee = COMMITMENT_TX_WEIGHT_PER_HTLC * feerate_per_kw as u64 / 1000 * 1000;
+       if channel_type_features.supports_anchors_zero_fee_htlc_tx() {
+               commitment_tx_fee + htlc_success_tx_weight(channel_type_features) * feerate_per_kw as u64 / 1000
+       } else {
+               commitment_tx_fee
+       }
+}
+
+/// Context for dual-funded channels.
+#[cfg(any(dual_funding, splicing))]
+pub(super) struct DualFundingChannelContext {
+       /// The amount in satoshis we will be contributing to the channel.
+       pub our_funding_satoshis: u64,
+       /// The amount in satoshis our counterparty will be contributing to the channel.
+       pub their_funding_satoshis: u64,
+       /// The funding transaction locktime suggested by the initiator. If set by us, it is always set
+       /// to the current block height to align incentives against fee-sniping.
+       pub funding_tx_locktime: u32,
+       /// The feerate set by the initiator to be used for the funding transaction.
+       pub funding_feerate_sat_per_1000_weight: u32,
+}
+
 // 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 {
        pub context: ChannelContext<SP>,
+       #[cfg(any(dual_funding, splicing))]
+       pub dual_funding_channel_context: Option<DualFundingChannelContext>,
 }
 
 #[cfg(any(test, fuzzing))]
@@ -2595,7 +3702,7 @@ impl FailHTLCMessageName for msgs::UpdateFailMalformedHTLC {
 
 impl<SP: Deref> Channel<SP> where
        SP::Target: SignerProvider,
-       <SP::Target as SignerProvider>::EcdsaSigner: WriteableEcdsaChannelSigner
+       <SP::Target as SignerProvider>::EcdsaSigner: EcdsaChannelSigner
 {
        fn check_remote_fee<F: Deref, L: Deref>(
                channel_type: &ChannelTypeFeatures, fee_estimator: &LowerBoundedFeeEstimator<F>,
@@ -2617,7 +3724,12 @@ impl<SP: Deref> Channel<SP> where
                                        return Ok(());
                                }
                        }
-                       return Err(ChannelError::Close(format!("Peer's feerate much too low. Actual: {}. Our expected lower limit: {}", feerate_per_kw, lower_limit)));
+                       return Err(ChannelError::Close((format!(
+                               "Peer's feerate much too low. Actual: {}. Our expected lower limit: {}", feerate_per_kw, lower_limit
+                       ), ClosureReason::PeerFeerateTooLow {
+                               peer_feerate_sat_per_kw: feerate_per_kw,
+                               required_feerate_sat_per_kw: lower_limit,
+                       })));
                }
                Ok(())
        }
@@ -2709,7 +3821,7 @@ impl<SP: Deref> Channel<SP> where
        where L::Target: Logger {
                // Assert that we'll add the HTLC claim to the holding cell in `get_update_fulfill_htlc`
                // (see equivalent if condition there).
-               assert!(self.context.channel_state.should_force_holding_cell());
+               assert!(!self.context.channel_state.can_generate_new_commitment());
                let mon_update_id = self.context.latest_monitor_update_id; // Forget the ChannelMonitor update
                let fulfill_resp = self.get_update_fulfill_htlc(htlc_id_arg, payment_preimage_arg, logger);
                self.context.latest_monitor_update_id = mon_update_id;
@@ -2777,9 +3889,10 @@ impl<SP: Deref> Channel<SP> where
                        updates: vec![ChannelMonitorUpdateStep::PaymentPreimage {
                                payment_preimage: payment_preimage_arg.clone(),
                        }],
+                       channel_id: Some(self.context.channel_id()),
                };
 
-               if self.context.channel_state.should_force_holding_cell() {
+               if !self.context.channel_state.can_generate_new_commitment() {
                        // Note that this condition is the same as the assertion in
                        // `claim_htlc_while_disconnected_dropping_mon_update` and must match exactly -
                        // `claim_htlc_while_disconnected_dropping_mon_update` would not work correctly if we
@@ -2953,7 +4066,7 @@ impl<SP: Deref> Channel<SP> where
                        return Ok(None);
                }
 
-               if self.context.channel_state.should_force_holding_cell() {
+               if !self.context.channel_state.can_generate_new_commitment() {
                        debug_assert!(force_holding_cell, "!force_holding_cell is only called when emptying the holding cell, so we shouldn't end up back in it!");
                        force_holding_cell = true;
                }
@@ -3049,12 +4162,12 @@ impl<SP: Deref> Channel<SP> where
                let mut check_reconnection = false;
                match &self.context.channel_state {
                        ChannelState::AwaitingChannelReady(flags) => {
-                               let flags = *flags & !FundedStateFlags::ALL;
+                               let flags = flags.clone().clear(FundedStateFlags::ALL.into());
                                debug_assert!(!flags.is_set(AwaitingChannelReadyFlags::OUR_CHANNEL_READY) || !flags.is_set(AwaitingChannelReadyFlags::WAITING_FOR_BATCH));
-                               if flags & !AwaitingChannelReadyFlags::WAITING_FOR_BATCH == AwaitingChannelReadyFlags::THEIR_CHANNEL_READY {
+                               if flags.clone().clear(AwaitingChannelReadyFlags::WAITING_FOR_BATCH) == AwaitingChannelReadyFlags::THEIR_CHANNEL_READY {
                                        // If we reconnected before sending our `channel_ready` they may still resend theirs.
                                        check_reconnection = true;
-                               } else if (flags & !AwaitingChannelReadyFlags::WAITING_FOR_BATCH).is_empty() {
+                               } else if flags.clone().clear(AwaitingChannelReadyFlags::WAITING_FOR_BATCH).is_empty() {
                                        self.context.channel_state.set_their_channel_ready();
                                } else if flags == AwaitingChannelReadyFlags::OUR_CHANNEL_READY {
                                        self.context.channel_state = ChannelState::ChannelReady(self.context.channel_state.with_funded_state_flags_mask().into());
@@ -3066,7 +4179,7 @@ impl<SP: Deref> Channel<SP> where
                        }
                        // If we reconnected before sending our `channel_ready` they may still resend theirs.
                        ChannelState::ChannelReady(_) => check_reconnection = true,
-                       _ => return Err(ChannelError::Close("Peer sent a channel_ready at a strange time".to_owned())),
+                       _ => return Err(ChannelError::close("Peer sent a channel_ready at a strange time".to_owned())),
                }
                if check_reconnection {
                        // They probably disconnected/reconnected and re-sent the channel_ready, which is
@@ -3089,7 +4202,7 @@ impl<SP: Deref> Channel<SP> where
                                                ).expect("We already advanced, so previous secret keys should have been validated already")))
                                };
                        if expected_point != Some(msg.next_per_commitment_point) {
-                               return Err(ChannelError::Close("Peer sent a reconnect channel_ready with a different point".to_owned()));
+                               return Err(ChannelError::close("Peer sent a reconnect channel_ready with a different point".to_owned()));
                        }
                        return Ok(None);
                }
@@ -3099,47 +4212,40 @@ impl<SP: Deref> Channel<SP> where
 
                log_info!(logger, "Received channel_ready from peer for channel {}", &self.context.channel_id());
 
-               Ok(self.get_announcement_sigs(node_signer, chain_hash, user_config, best_block.height(), logger))
+               Ok(self.get_announcement_sigs(node_signer, chain_hash, user_config, best_block.height, logger))
        }
 
-       pub fn update_add_htlc<F, FE: Deref, L: Deref>(
-               &mut self, msg: &msgs::UpdateAddHTLC, mut pending_forward_status: PendingHTLCStatus,
-               create_pending_htlc_status: F, fee_estimator: &LowerBoundedFeeEstimator<FE>, logger: &L
-       ) -> Result<(), ChannelError>
-       where F: for<'a> Fn(&'a Self, PendingHTLCStatus, u16) -> PendingHTLCStatus,
-               FE::Target: FeeEstimator, L::Target: Logger,
-       {
+       pub fn update_add_htlc<F: Deref>(
+               &mut self, msg: &msgs::UpdateAddHTLC, pending_forward_status: PendingHTLCStatus,
+               fee_estimator: &LowerBoundedFeeEstimator<F>,
+       ) -> Result<(), ChannelError> where F::Target: FeeEstimator {
                if !matches!(self.context.channel_state, ChannelState::ChannelReady(_)) {
-                       return Err(ChannelError::Close("Got add HTLC message when channel was not in an operational state".to_owned()));
-               }
-               // We can't accept HTLCs sent after we've sent a shutdown.
-               if self.context.channel_state.is_local_shutdown_sent() {
-                       pending_forward_status = create_pending_htlc_status(self, pending_forward_status, 0x4000|8);
+                       return Err(ChannelError::close("Got add HTLC message when channel was not in an operational state".to_owned()));
                }
                // If the remote has sent a shutdown prior to adding this HTLC, then they are in violation of the spec.
                if self.context.channel_state.is_remote_shutdown_sent() {
-                       return Err(ChannelError::Close("Got add HTLC message when channel was not in an operational state".to_owned()));
+                       return Err(ChannelError::close("Got add HTLC message when channel was not in an operational state".to_owned()));
                }
                if self.context.channel_state.is_peer_disconnected() {
-                       return Err(ChannelError::Close("Peer sent update_add_htlc when we needed a channel_reestablish".to_owned()));
+                       return Err(ChannelError::close("Peer sent update_add_htlc when we needed a channel_reestablish".to_owned()));
                }
                if msg.amount_msat > self.context.channel_value_satoshis * 1000 {
-                       return Err(ChannelError::Close("Remote side tried to send more than the total value of the channel".to_owned()));
+                       return Err(ChannelError::close("Remote side tried to send more than the total value of the channel".to_owned()));
                }
                if msg.amount_msat == 0 {
-                       return Err(ChannelError::Close("Remote side tried to send a 0-msat HTLC".to_owned()));
+                       return Err(ChannelError::close("Remote side tried to send a 0-msat HTLC".to_owned()));
                }
                if msg.amount_msat < self.context.holder_htlc_minimum_msat {
-                       return Err(ChannelError::Close(format!("Remote side tried to send less than our minimum HTLC value. Lower limit: ({}). Actual: ({})", self.context.holder_htlc_minimum_msat, msg.amount_msat)));
+                       return Err(ChannelError::close(format!("Remote side tried to send less than our minimum HTLC value. Lower limit: ({}). Actual: ({})", self.context.holder_htlc_minimum_msat, msg.amount_msat)));
                }
 
-               let inbound_stats = self.context.get_inbound_pending_htlc_stats(None);
-               let outbound_stats = self.context.get_outbound_pending_htlc_stats(None);
-               if inbound_stats.pending_htlcs + 1 > self.context.holder_max_accepted_htlcs as u32 {
-                       return Err(ChannelError::Close(format!("Remote tried to push more than our max accepted HTLCs ({})", self.context.holder_max_accepted_htlcs)));
+               let dust_exposure_limiting_feerate = self.context.get_dust_exposure_limiting_feerate(&fee_estimator);
+               let htlc_stats = self.context.get_pending_htlc_stats(None, dust_exposure_limiting_feerate);
+               if htlc_stats.pending_inbound_htlcs + 1 > self.context.holder_max_accepted_htlcs as usize {
+                       return Err(ChannelError::close(format!("Remote tried to push more than our max accepted HTLCs ({})", self.context.holder_max_accepted_htlcs)));
                }
-               if inbound_stats.pending_htlcs_value_msat + msg.amount_msat > self.context.holder_max_htlc_value_in_flight_msat {
-                       return Err(ChannelError::Close(format!("Remote HTLC add would put them over our max HTLC value ({})", self.context.holder_max_htlc_value_in_flight_msat)));
+               if htlc_stats.pending_inbound_htlcs_value_msat + msg.amount_msat > self.context.holder_max_htlc_value_in_flight_msat {
+                       return Err(ChannelError::close(format!("Remote HTLC add would put them over our max HTLC value ({})", self.context.holder_max_htlc_value_in_flight_msat)));
                }
 
                // Check holder_selected_channel_reserve_satoshis (we're getting paid, so they have to at least meet
@@ -3163,40 +4269,12 @@ impl<SP: Deref> Channel<SP> where
                        }
                }
 
-               let max_dust_htlc_exposure_msat = self.context.get_max_dust_htlc_exposure_msat(fee_estimator);
-               let (htlc_timeout_dust_limit, htlc_success_dust_limit) = if self.context.get_channel_type().supports_anchors_zero_fee_htlc_tx() {
-                       (0, 0)
-               } else {
-                       let dust_buffer_feerate = self.context.get_dust_buffer_feerate(None) as u64;
-                       (dust_buffer_feerate * htlc_timeout_tx_weight(self.context.get_channel_type()) / 1000,
-                               dust_buffer_feerate * htlc_success_tx_weight(self.context.get_channel_type()) / 1000)
-               };
-               let exposure_dust_limit_timeout_sats = htlc_timeout_dust_limit + self.context.counterparty_dust_limit_satoshis;
-               if msg.amount_msat / 1000 < exposure_dust_limit_timeout_sats {
-                       let on_counterparty_tx_dust_htlc_exposure_msat = inbound_stats.on_counterparty_tx_dust_exposure_msat + outbound_stats.on_counterparty_tx_dust_exposure_msat + msg.amount_msat;
-                       if on_counterparty_tx_dust_htlc_exposure_msat > max_dust_htlc_exposure_msat {
-                               log_info!(logger, "Cannot accept value that would put our exposure to dust HTLCs at {} over the limit {} on counterparty commitment tx",
-                                       on_counterparty_tx_dust_htlc_exposure_msat, max_dust_htlc_exposure_msat);
-                               pending_forward_status = create_pending_htlc_status(self, pending_forward_status, 0x1000|7);
-                       }
-               }
-
-               let exposure_dust_limit_success_sats = htlc_success_dust_limit + self.context.holder_dust_limit_satoshis;
-               if msg.amount_msat / 1000 < exposure_dust_limit_success_sats {
-                       let on_holder_tx_dust_htlc_exposure_msat = inbound_stats.on_holder_tx_dust_exposure_msat + outbound_stats.on_holder_tx_dust_exposure_msat + msg.amount_msat;
-                       if on_holder_tx_dust_htlc_exposure_msat > max_dust_htlc_exposure_msat {
-                               log_info!(logger, "Cannot accept value that would put our exposure to dust HTLCs at {} over the limit {} on holder commitment tx",
-                                       on_holder_tx_dust_htlc_exposure_msat, max_dust_htlc_exposure_msat);
-                               pending_forward_status = create_pending_htlc_status(self, pending_forward_status, 0x1000|7);
-                       }
-               }
-
                let pending_value_to_self_msat =
-                       self.context.value_to_self_msat + inbound_stats.pending_htlcs_value_msat - removed_outbound_total_msat;
+                       self.context.value_to_self_msat + htlc_stats.pending_inbound_htlcs_value_msat - removed_outbound_total_msat;
                let pending_remote_value_msat =
                        self.context.channel_value_satoshis * 1000 - pending_value_to_self_msat;
                if pending_remote_value_msat < msg.amount_msat {
-                       return Err(ChannelError::Close("Remote HTLC add would overdraw remaining funds".to_owned()));
+                       return Err(ChannelError::close("Remote HTLC add would overdraw remaining funds".to_owned()));
                }
 
                // Check that the remote can afford to pay for this HTLC on-chain at the current
@@ -3212,10 +4290,10 @@ impl<SP: Deref> Channel<SP> where
                                0
                        };
                        if pending_remote_value_msat.saturating_sub(msg.amount_msat).saturating_sub(anchor_outputs_value_msat) < remote_commit_tx_fee_msat {
-                               return Err(ChannelError::Close("Remote HTLC add would not leave enough to pay for fees".to_owned()));
+                               return Err(ChannelError::close("Remote HTLC add would not leave enough to pay for fees".to_owned()));
                        };
                        if pending_remote_value_msat.saturating_sub(msg.amount_msat).saturating_sub(remote_commit_tx_fee_msat).saturating_sub(anchor_outputs_value_msat) < self.context.holder_selected_channel_reserve_satoshis * 1000 {
-                               return Err(ChannelError::Close("Remote HTLC add would put them under remote reserve value".to_owned()));
+                               return Err(ChannelError::close("Remote HTLC add would put them under remote reserve value".to_owned()));
                        }
                }
 
@@ -3224,35 +4302,19 @@ impl<SP: Deref> Channel<SP> where
                } else {
                        0
                };
-               if !self.context.is_outbound() {
-                       // `Some(())` is for the fee spike buffer we keep for the remote. This deviates from
-                       // the spec because the fee spike buffer requirement doesn't exist on the receiver's
-                       // side, only on the sender's. Note that with anchor outputs we are no longer as
-                       // sensitive to fee spikes, so we need to account for them.
-                       let htlc_candidate = HTLCCandidate::new(msg.amount_msat, HTLCInitiator::RemoteOffered);
-                       let mut remote_fee_cost_incl_stuck_buffer_msat = self.context.next_remote_commit_tx_fee_msat(htlc_candidate, Some(()));
-                       if !self.context.get_channel_type().supports_anchors_zero_fee_htlc_tx() {
-                               remote_fee_cost_incl_stuck_buffer_msat *= FEE_SPIKE_BUFFER_FEE_INCREASE_MULTIPLE;
-                       }
-                       if pending_remote_value_msat.saturating_sub(msg.amount_msat).saturating_sub(self.context.holder_selected_channel_reserve_satoshis * 1000).saturating_sub(anchor_outputs_value_msat) < 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.", &self.context.channel_id());
-                               pending_forward_status = create_pending_htlc_status(self, pending_forward_status, 0x1000|7);
-                       }
-               } else {
+               if self.context.is_outbound() {
                        // Check that they won't violate our local required channel reserve by adding this HTLC.
                        let htlc_candidate = HTLCCandidate::new(msg.amount_msat, HTLCInitiator::RemoteOffered);
                        let local_commit_tx_fee_msat = self.context.next_local_commit_tx_fee_msat(htlc_candidate, None);
                        if self.context.value_to_self_msat < self.context.counterparty_selected_channel_reserve_satoshis.unwrap() * 1000 + local_commit_tx_fee_msat + anchor_outputs_value_msat {
-                               return Err(ChannelError::Close("Cannot accept HTLC that would put our balance under counterparty-announced channel reserve value".to_owned()));
+                               return Err(ChannelError::close("Cannot accept HTLC that would put our balance under counterparty-announced channel reserve value".to_owned()));
                        }
                }
                if self.context.next_counterparty_htlc_id != msg.htlc_id {
-                       return Err(ChannelError::Close(format!("Remote skipped HTLC ID (skipped ID: {})", self.context.next_counterparty_htlc_id)));
+                       return Err(ChannelError::close(format!("Remote skipped HTLC ID (skipped ID: {})", self.context.next_counterparty_htlc_id)));
                }
                if msg.cltv_expiry >= 500000000 {
-                       return Err(ChannelError::Close("Remote provided CLTV expiry in seconds instead of block height".to_owned()));
+                       return Err(ChannelError::close("Remote provided CLTV expiry in seconds instead of block height".to_owned()));
                }
 
                if self.context.channel_state.is_local_shutdown_sent() {
@@ -3268,7 +4330,9 @@ impl<SP: Deref> Channel<SP> where
                        amount_msat: msg.amount_msat,
                        payment_hash: msg.payment_hash,
                        cltv_expiry: msg.cltv_expiry,
-                       state: InboundHTLCState::RemoteAnnounced(pending_forward_status),
+                       state: InboundHTLCState::RemoteAnnounced(InboundHTLCResolution::Resolved {
+                               pending_htlc_status: pending_forward_status
+                       }),
                });
                Ok(())
        }
@@ -3284,43 +4348,43 @@ impl<SP: Deref> Channel<SP> where
                                        Some(payment_preimage) => {
                                                let payment_hash = PaymentHash(Sha256::hash(&payment_preimage.0[..]).to_byte_array());
                                                if payment_hash != htlc.payment_hash {
-                                                       return Err(ChannelError::Close(format!("Remote tried to fulfill HTLC ({}) with an incorrect preimage", htlc_id)));
+                                                       return Err(ChannelError::close(format!("Remote tried to fulfill HTLC ({}) with an incorrect preimage", htlc_id)));
                                                }
                                                OutboundHTLCOutcome::Success(Some(payment_preimage))
                                        }
                                };
                                match htlc.state {
                                        OutboundHTLCState::LocalAnnounced(_) =>
-                                               return Err(ChannelError::Close(format!("Remote tried to fulfill/fail HTLC ({}) before it had been committed", htlc_id))),
+                                               return Err(ChannelError::close(format!("Remote tried to fulfill/fail HTLC ({}) before it had been committed", htlc_id))),
                                        OutboundHTLCState::Committed => {
                                                htlc.state = OutboundHTLCState::RemoteRemoved(outcome);
                                        },
                                        OutboundHTLCState::AwaitingRemoteRevokeToRemove(_) | OutboundHTLCState::AwaitingRemovedRemoteRevoke(_) | OutboundHTLCState::RemoteRemoved(_) =>
-                                               return Err(ChannelError::Close(format!("Remote tried to fulfill/fail HTLC ({}) that they'd already fulfilled/failed", htlc_id))),
+                                               return Err(ChannelError::close(format!("Remote tried to fulfill/fail HTLC ({}) that they'd already fulfilled/failed", htlc_id))),
                                }
                                return Ok(htlc);
                        }
                }
-               Err(ChannelError::Close("Remote tried to fulfill/fail an HTLC we couldn't find".to_owned()))
+               Err(ChannelError::close("Remote tried to fulfill/fail an HTLC we couldn't find".to_owned()))
        }
 
-       pub fn update_fulfill_htlc(&mut self, msg: &msgs::UpdateFulfillHTLC) -> Result<(HTLCSource, u64), ChannelError> {
+       pub fn update_fulfill_htlc(&mut self, msg: &msgs::UpdateFulfillHTLC) -> Result<(HTLCSource, u64, Option<u64>), ChannelError> {
                if !matches!(self.context.channel_state, ChannelState::ChannelReady(_)) {
-                       return Err(ChannelError::Close("Got fulfill HTLC message when channel was not in an operational state".to_owned()));
+                       return Err(ChannelError::close("Got fulfill HTLC message when channel was not in an operational state".to_owned()));
                }
                if self.context.channel_state.is_peer_disconnected() {
-                       return Err(ChannelError::Close("Peer sent update_fulfill_htlc when we needed a channel_reestablish".to_owned()));
+                       return Err(ChannelError::close("Peer sent update_fulfill_htlc when we needed a channel_reestablish".to_owned()));
                }
 
-               self.mark_outbound_htlc_removed(msg.htlc_id, Some(msg.payment_preimage), None).map(|htlc| (htlc.source.clone(), htlc.amount_msat))
+               self.mark_outbound_htlc_removed(msg.htlc_id, Some(msg.payment_preimage), None).map(|htlc| (htlc.source.clone(), htlc.amount_msat, htlc.skimmed_fee_msat))
        }
 
        pub fn update_fail_htlc(&mut self, msg: &msgs::UpdateFailHTLC, fail_reason: HTLCFailReason) -> Result<(), ChannelError> {
                if !matches!(self.context.channel_state, ChannelState::ChannelReady(_)) {
-                       return Err(ChannelError::Close("Got fail HTLC message when channel was not in an operational state".to_owned()));
+                       return Err(ChannelError::close("Got fail HTLC message when channel was not in an operational state".to_owned()));
                }
                if self.context.channel_state.is_peer_disconnected() {
-                       return Err(ChannelError::Close("Peer sent update_fail_htlc when we needed a channel_reestablish".to_owned()));
+                       return Err(ChannelError::close("Peer sent update_fail_htlc when we needed a channel_reestablish".to_owned()));
                }
 
                self.mark_outbound_htlc_removed(msg.htlc_id, None, Some(fail_reason))?;
@@ -3329,10 +4393,10 @@ impl<SP: Deref> Channel<SP> where
 
        pub fn update_fail_malformed_htlc(&mut self, msg: &msgs::UpdateFailMalformedHTLC, fail_reason: HTLCFailReason) -> Result<(), ChannelError> {
                if !matches!(self.context.channel_state, ChannelState::ChannelReady(_)) {
-                       return Err(ChannelError::Close("Got fail malformed HTLC message when channel was not in an operational state".to_owned()));
+                       return Err(ChannelError::close("Got fail malformed HTLC message when channel was not in an operational state".to_owned()));
                }
                if self.context.channel_state.is_peer_disconnected() {
-                       return Err(ChannelError::Close("Peer sent update_fail_malformed_htlc when we needed a channel_reestablish".to_owned()));
+                       return Err(ChannelError::close("Peer sent update_fail_malformed_htlc when we needed a channel_reestablish".to_owned()));
                }
 
                self.mark_outbound_htlc_removed(msg.htlc_id, None, Some(fail_reason))?;
@@ -3343,20 +4407,20 @@ impl<SP: Deref> Channel<SP> where
                where L::Target: Logger
        {
                if !matches!(self.context.channel_state, ChannelState::ChannelReady(_)) {
-                       return Err(ChannelError::Close("Got commitment signed message when channel was not in an operational state".to_owned()));
+                       return Err(ChannelError::close("Got commitment signed message when channel was not in an operational state".to_owned()));
                }
                if self.context.channel_state.is_peer_disconnected() {
-                       return Err(ChannelError::Close("Peer sent commitment_signed when we needed a channel_reestablish".to_owned()));
+                       return Err(ChannelError::close("Peer sent commitment_signed when we needed a channel_reestablish".to_owned()));
                }
                if self.context.channel_state.is_both_sides_shutdown() && self.context.last_sent_closing_fee.is_some() {
-                       return Err(ChannelError::Close("Peer sent commitment_signed after we'd started exchanging closing_signeds".to_owned()));
+                       return Err(ChannelError::close("Peer sent commitment_signed after we'd started exchanging closing_signeds".to_owned()));
                }
 
                let funding_script = self.context.get_funding_redeemscript();
 
-               let keys = self.context.build_holder_transaction_keys(self.context.cur_holder_commitment_transaction_number);
+               let keys = self.context.build_holder_transaction_keys();
 
-               let commitment_stats = self.context.build_commitment_transaction(self.context.cur_holder_commitment_transaction_number, &keys, true, false, logger);
+               let commitment_stats = self.context.build_commitment_transaction(self.context.holder_commitment_point.transaction_number(), &keys, true, false, logger);
                let commitment_txid = {
                        let trusted_tx = commitment_stats.tx.trust();
                        let bitcoin_tx = trusted_tx.built_transaction();
@@ -3367,7 +4431,7 @@ impl<SP: Deref> Channel<SP> where
                                log_bytes!(self.context.counterparty_funding_pubkey().serialize()), encode::serialize_hex(&bitcoin_tx.transaction),
                                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()));
+                               return Err(ChannelError::close("Invalid commitment tx signature from peer".to_owned()));
                        }
                        bitcoin_tx.txid
                };
@@ -3382,7 +4446,7 @@ impl<SP: Deref> Channel<SP> where
                        debug_assert!(!self.context.is_outbound());
                        let counterparty_reserve_we_require_msat = self.context.holder_selected_channel_reserve_satoshis * 1000;
                        if commitment_stats.remote_balance_msat < commitment_stats.total_fee_sat * 1000 + counterparty_reserve_we_require_msat {
-                               return Err(ChannelError::Close("Funding remote cannot afford proposed new fee".to_owned()));
+                               return Err(ChannelError::close("Funding remote cannot afford proposed new fee".to_owned()));
                        }
                }
                #[cfg(any(test, fuzzing))]
@@ -3404,7 +4468,7 @@ impl<SP: Deref> Channel<SP> where
                }
 
                if msg.htlc_signatures.len() != commitment_stats.num_nondust_htlcs {
-                       return Err(ChannelError::Close(format!("Got wrong number of HTLC signatures ({}) from remote. It must be {}", msg.htlc_signatures.len(), commitment_stats.num_nondust_htlcs)));
+                       return Err(ChannelError::close(format!("Got wrong number of HTLC signatures ({}) from remote. It must be {}", msg.htlc_signatures.len(), commitment_stats.num_nondust_htlcs)));
                }
 
                // Up to LDK 0.0.115, HTLC information was required to be duplicated in the
@@ -3432,12 +4496,12 @@ impl<SP: Deref> Channel<SP> where
 
                                let htlc_redeemscript = chan_utils::get_htlc_redeemscript(&htlc, &self.context.channel_type, &keys);
                                let htlc_sighashtype = if self.context.channel_type.supports_anchors_zero_fee_htlc_tx() { EcdsaSighashType::SinglePlusAnyoneCanPay } else { EcdsaSighashType::All };
-                               let htlc_sighash = hash_to_message!(&sighash::SighashCache::new(&htlc_tx).segwit_signature_hash(0, &htlc_redeemscript, htlc.amount_msat / 1000, htlc_sighashtype).unwrap()[..]);
+                               let htlc_sighash = hash_to_message!(&sighash::SighashCache::new(&htlc_tx).p2wsh_signature_hash(0, &htlc_redeemscript, htlc.to_bitcoin_amount(), 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.to_public_key().serialize()),
                                        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.to_public_key()) {
-                                       return Err(ChannelError::Close("Invalid HTLC tx signature from peer".to_owned()));
+                                       return Err(ChannelError::close("Invalid HTLC tx signature from peer".to_owned()));
                                }
                                if !separate_nondust_htlc_sources {
                                        htlcs_and_sigs.push((htlc, Some(msg.htlc_signatures[idx]), source_opt.take()));
@@ -3462,7 +4526,7 @@ impl<SP: Deref> Channel<SP> where
                );
 
                self.context.holder_signer.as_ref().validate_holder_commitment(&holder_commitment_tx, commitment_stats.outbound_htlc_preimages)
-                       .map_err(|_| ChannelError::Close("Failed to validate our commitment".to_owned()))?;
+                       .map_err(|_| ChannelError::close("Failed to validate our commitment".to_owned()))?;
 
                // Update state now that we've passed all the can-fail calls...
                let mut need_commitment = false;
@@ -3474,13 +4538,13 @@ impl<SP: Deref> Channel<SP> where
                }
 
                for htlc in self.context.pending_inbound_htlcs.iter_mut() {
-                       let new_forward = if let &InboundHTLCState::RemoteAnnounced(ref forward_info) = &htlc.state {
-                               Some(forward_info.clone())
+                       let htlc_resolution = if let &InboundHTLCState::RemoteAnnounced(ref resolution) = &htlc.state {
+                               Some(resolution.clone())
                        } else { None };
-                       if let Some(forward_info) = new_forward {
+                       if let Some(htlc_resolution) = htlc_resolution {
                                log_trace!(logger, "Updating HTLC {} to AwaitingRemoteRevokeToAnnounce due to commitment_signed in channel {}.",
                                        &htlc.payment_hash, &self.context.channel_id);
-                               htlc.state = InboundHTLCState::AwaitingRemoteRevokeToAnnounce(forward_info);
+                               htlc.state = InboundHTLCState::AwaitingRemoteRevokeToAnnounce(htlc_resolution);
                                need_commitment = true;
                        }
                }
@@ -3515,10 +4579,11 @@ impl<SP: Deref> Channel<SP> where
                                htlc_outputs: htlcs_and_sigs,
                                claimed_htlcs,
                                nondust_htlc_sources,
-                       }]
+                       }],
+                       channel_id: Some(self.context.channel_id()),
                };
 
-               self.context.cur_holder_commitment_transaction_number -= 1;
+               self.context.holder_commitment_point.advance(&self.context.holder_signer, &self.context.secp_ctx, logger);
                self.context.expecting_peer_commitment_signed = false;
                // Note that if we need_commitment & !AwaitingRemoteRevoke we'll call
                // build_commitment_no_status_check() next which will reset this to RAAFirst.
@@ -3570,7 +4635,7 @@ impl<SP: Deref> Channel<SP> where
        ) -> (Option<ChannelMonitorUpdate>, Vec<(HTLCSource, PaymentHash)>)
        where F::Target: FeeEstimator, L::Target: Logger
        {
-               if matches!(self.context.channel_state, ChannelState::ChannelReady(_)) && !self.context.channel_state.should_force_holding_cell() {
+               if matches!(self.context.channel_state, ChannelState::ChannelReady(_)) && self.context.channel_state.can_generate_new_commitment() {
                        self.free_holding_cell_htlcs(fee_estimator, logger)
                } else { (None, Vec::new()) }
        }
@@ -3591,6 +4656,7 @@ impl<SP: Deref> Channel<SP> where
                                update_id: self.context.latest_monitor_update_id + 1, // We don't increment this yet!
                                counterparty_node_id: Some(self.context.counterparty_node_id),
                                updates: Vec::new(),
+                               channel_id: Some(self.context.channel_id()),
                        };
 
                        let mut htlc_updates = Vec::new();
@@ -3713,20 +4779,20 @@ impl<SP: Deref> Channel<SP> where
        where F::Target: FeeEstimator, L::Target: Logger,
        {
                if !matches!(self.context.channel_state, ChannelState::ChannelReady(_)) {
-                       return Err(ChannelError::Close("Got revoke/ACK message when channel was not in an operational state".to_owned()));
+                       return Err(ChannelError::close("Got revoke/ACK message when channel was not in an operational state".to_owned()));
                }
                if self.context.channel_state.is_peer_disconnected() {
-                       return Err(ChannelError::Close("Peer sent revoke_and_ack when we needed a channel_reestablish".to_owned()));
+                       return Err(ChannelError::close("Peer sent revoke_and_ack when we needed a channel_reestablish".to_owned()));
                }
                if self.context.channel_state.is_both_sides_shutdown() && self.context.last_sent_closing_fee.is_some() {
-                       return Err(ChannelError::Close("Peer sent revoke_and_ack after we'd started exchanging closing_signeds".to_owned()));
+                       return Err(ChannelError::close("Peer sent revoke_and_ack after we'd started exchanging closing_signeds".to_owned()));
                }
 
                let secret = secp_check!(SecretKey::from_slice(&msg.per_commitment_secret), "Peer provided an invalid per_commitment_secret".to_owned());
 
                if let Some(counterparty_prev_commitment_point) = self.context.counterparty_prev_commitment_point {
                        if PublicKey::from_secret_key(&self.context.secp_ctx, &secret) != counterparty_prev_commitment_point {
-                               return Err(ChannelError::Close("Got a revoke commitment secret which didn't correspond to their current pubkey".to_owned()));
+                               return Err(ChannelError::close("Got a revoke commitment secret which didn't correspond to their current pubkey".to_owned()));
                        }
                }
 
@@ -3738,7 +4804,7 @@ impl<SP: Deref> Channel<SP> where
                        // lot of work, and there's some chance this is all a misunderstanding anyway.
                        // We have to do *something*, though, since our signer may get mad at us for otherwise
                        // jumping a remote commitment number, so best to just force-close and move on.
-                       return Err(ChannelError::Close("Received an unexpected revoke_and_ack".to_owned()));
+                       return Err(ChannelError::close("Received an unexpected revoke_and_ack".to_owned()));
                }
 
                #[cfg(any(test, fuzzing))]
@@ -3752,7 +4818,7 @@ impl<SP: Deref> Channel<SP> where
                                ecdsa.validate_counterparty_revocation(
                                        self.context.cur_counterparty_commitment_transaction_number + 1,
                                        &secret
-                               ).map_err(|_| ChannelError::Close("Failed to validate revocation from peer".to_owned()))?;
+                               ).map_err(|_| ChannelError::close("Failed to validate revocation from peer".to_owned()))?;
                        },
                        // TODO (taproot|arik)
                        #[cfg(taproot)]
@@ -3760,7 +4826,7 @@ impl<SP: Deref> Channel<SP> where
                };
 
                self.context.commitment_secrets.provide_secret(self.context.cur_counterparty_commitment_transaction_number + 1, msg.per_commitment_secret)
-                       .map_err(|_| ChannelError::Close("Previous secrets did not match new one".to_owned()))?;
+                       .map_err(|_| ChannelError::close("Previous secrets did not match new one".to_owned()))?;
                self.context.latest_monitor_update_id += 1;
                let mut monitor_update = ChannelMonitorUpdate {
                        update_id: self.context.latest_monitor_update_id,
@@ -3769,6 +4835,7 @@ impl<SP: Deref> Channel<SP> where
                                idx: self.context.cur_counterparty_commitment_transaction_number + 1,
                                secret: msg.per_commitment_secret,
                        }],
+                       channel_id: Some(self.context.channel_id()),
                };
 
                // Update state now that we've passed all the can-fail calls...
@@ -3787,6 +4854,7 @@ impl<SP: Deref> Channel<SP> where
 
                log_trace!(logger, "Updating HTLCs on receipt of RAA in channel {}...", &self.context.channel_id());
                let mut to_forward_infos = Vec::new();
+               let mut pending_update_adds = Vec::new();
                let mut revoked_htlcs = Vec::new();
                let mut finalized_claimed_htlcs = Vec::new();
                let mut update_fail_htlcs = Vec::new();
@@ -3834,29 +4902,37 @@ impl<SP: Deref> Channel<SP> where
                                        let mut state = InboundHTLCState::Committed;
                                        mem::swap(&mut state, &mut htlc.state);
 
-                                       if let InboundHTLCState::AwaitingRemoteRevokeToAnnounce(forward_info) = state {
+                                       if let InboundHTLCState::AwaitingRemoteRevokeToAnnounce(resolution) = state {
                                                log_trace!(logger, " ...promoting inbound AwaitingRemoteRevokeToAnnounce {} to AwaitingAnnouncedRemoteRevoke", &htlc.payment_hash);
-                                               htlc.state = InboundHTLCState::AwaitingAnnouncedRemoteRevoke(forward_info);
+                                               htlc.state = InboundHTLCState::AwaitingAnnouncedRemoteRevoke(resolution);
                                                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", &htlc.payment_hash);
-                                                               require_commitment = true;
-                                                               match fail_msg {
-                                                                       HTLCFailureMsg::Relay(msg) => {
-                                                                               htlc.state = InboundHTLCState::LocalRemoved(InboundHTLCRemovalReason::FailRelay(msg.reason.clone()));
-                                                                               update_fail_htlcs.push(msg)
-                                                                       },
-                                                                       HTLCFailureMsg::Malformed(msg) => {
-                                                                               htlc.state = InboundHTLCState::LocalRemoved(InboundHTLCRemovalReason::FailMalformed((msg.sha256_of_onion, msg.failure_code)));
-                                                                               update_fail_malformed_htlcs.push(msg)
+                                       } else if let InboundHTLCState::AwaitingAnnouncedRemoteRevoke(resolution) = state {
+                                               match resolution {
+                                                       InboundHTLCResolution::Resolved { pending_htlc_status } =>
+                                                               match pending_htlc_status {
+                                                                       PendingHTLCStatus::Fail(fail_msg) => {
+                                                                               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) => {
+                                                                                               htlc.state = InboundHTLCState::LocalRemoved(InboundHTLCRemovalReason::FailRelay(msg.reason.clone()));
+                                                                                               update_fail_htlcs.push(msg)
+                                                                                       },
+                                                                                       HTLCFailureMsg::Malformed(msg) => {
+                                                                                               htlc.state = InboundHTLCState::LocalRemoved(InboundHTLCRemovalReason::FailMalformed((msg.sha256_of_onion, msg.failure_code)));
+                                                                                               update_fail_malformed_htlcs.push(msg)
+                                                                                       },
+                                                                               }
                                                                        },
+                                                                       PendingHTLCStatus::Forward(forward_info) => {
+                                                                               log_trace!(logger, " ...promoting inbound AwaitingAnnouncedRemoteRevoke {} to Committed, attempting to forward", &htlc.payment_hash);
+                                                                               to_forward_infos.push((forward_info, htlc.htlc_id));
+                                                                               htlc.state = InboundHTLCState::Committed;
+                                                                       }
                                                                }
-                                                       },
-                                                       PendingHTLCStatus::Forward(forward_info) => {
+                                                       InboundHTLCResolution::Pending { update_add_htlc } => {
                                                                log_trace!(logger, " ...promoting inbound AwaitingAnnouncedRemoteRevoke {} to Committed", &htlc.payment_hash);
-                                                               to_forward_infos.push((forward_info, htlc.htlc_id));
+                                                               pending_update_adds.push(update_add_htlc);
                                                                htlc.state = InboundHTLCState::Committed;
                                                        }
                                                }
@@ -3917,6 +4993,8 @@ impl<SP: Deref> Channel<SP> where
                        }
                }
 
+               self.context.monitor_pending_update_adds.append(&mut pending_update_adds);
+
                if self.context.channel_state.is_monitor_update_in_progress() {
                        // We can't actually generate a new commitment transaction (incl by freeing holding
                        // cells) while we can't update the monitor, so we just return what we have.
@@ -4014,12 +5092,12 @@ impl<SP: Deref> Channel<SP> where
                }
 
                // Before proposing a feerate update, check that we can actually afford the new fee.
-               let inbound_stats = self.context.get_inbound_pending_htlc_stats(Some(feerate_per_kw));
-               let outbound_stats = self.context.get_outbound_pending_htlc_stats(Some(feerate_per_kw));
-               let keys = self.context.build_holder_transaction_keys(self.context.cur_holder_commitment_transaction_number);
-               let commitment_stats = self.context.build_commitment_transaction(self.context.cur_holder_commitment_transaction_number, &keys, true, true, logger);
-               let buffer_fee_msat = commit_tx_fee_sat(feerate_per_kw, commitment_stats.num_nondust_htlcs + outbound_stats.on_holder_tx_holding_cell_htlcs_count as usize + CONCURRENT_INBOUND_HTLC_FEE_BUFFER as usize, self.context.get_channel_type()) * 1000;
-               let holder_balance_msat = commitment_stats.local_balance_msat - outbound_stats.holding_cell_msat;
+               let dust_exposure_limiting_feerate = self.context.get_dust_exposure_limiting_feerate(&fee_estimator);
+               let htlc_stats = self.context.get_pending_htlc_stats(Some(feerate_per_kw), dust_exposure_limiting_feerate);
+               let keys = self.context.build_holder_transaction_keys();
+               let commitment_stats = self.context.build_commitment_transaction(self.context.holder_commitment_point.transaction_number(), &keys, true, true, logger);
+               let buffer_fee_msat = commit_tx_fee_sat(feerate_per_kw, commitment_stats.num_nondust_htlcs + htlc_stats.on_holder_tx_outbound_holding_cell_htlcs_count as usize + CONCURRENT_INBOUND_HTLC_FEE_BUFFER as usize, self.context.get_channel_type()) * 1000;
+               let holder_balance_msat = commitment_stats.local_balance_msat - htlc_stats.outbound_holding_cell_msat;
                if holder_balance_msat < buffer_fee_msat  + self.context.counterparty_selected_channel_reserve_satoshis.unwrap() * 1000 {
                        //TODO: auto-close after a number of failures?
                        log_debug!(logger, "Cannot afford to send new feerate at {}", feerate_per_kw);
@@ -4027,14 +5105,12 @@ impl<SP: Deref> Channel<SP> where
                }
 
                // Note, we evaluate pending htlc "preemptive" trimmed-to-dust threshold at the proposed `feerate_per_kw`.
-               let holder_tx_dust_exposure = inbound_stats.on_holder_tx_dust_exposure_msat + outbound_stats.on_holder_tx_dust_exposure_msat;
-               let counterparty_tx_dust_exposure = inbound_stats.on_counterparty_tx_dust_exposure_msat + outbound_stats.on_counterparty_tx_dust_exposure_msat;
-               let max_dust_htlc_exposure_msat = self.context.get_max_dust_htlc_exposure_msat(fee_estimator);
-               if holder_tx_dust_exposure > max_dust_htlc_exposure_msat {
+               let max_dust_htlc_exposure_msat = self.context.get_max_dust_htlc_exposure_msat(dust_exposure_limiting_feerate);
+               if htlc_stats.on_holder_tx_dust_exposure_msat > max_dust_htlc_exposure_msat {
                        log_debug!(logger, "Cannot afford to send new feerate at {} without infringing max dust htlc exposure", feerate_per_kw);
                        return None;
                }
-               if counterparty_tx_dust_exposure > max_dust_htlc_exposure_msat {
+               if htlc_stats.on_counterparty_tx_dust_exposure_msat > max_dust_htlc_exposure_msat {
                        log_debug!(logger, "Cannot afford to send new feerate at {} without infringing max dust htlc exposure", feerate_per_kw);
                        return None;
                }
@@ -4180,8 +5256,8 @@ impl<SP: Deref> Channel<SP> where
                // first received the funding_signed.
                let mut funding_broadcastable =
                        if self.context.is_outbound() &&
-                               matches!(self.context.channel_state, ChannelState::AwaitingChannelReady(flags) if !flags.is_set(AwaitingChannelReadyFlags::WAITING_FOR_BATCH)) ||
-                               matches!(self.context.channel_state, ChannelState::ChannelReady(_))
+                               (matches!(self.context.channel_state, ChannelState::AwaitingChannelReady(flags) if !flags.is_set(AwaitingChannelReadyFlags::WAITING_FOR_BATCH)) ||
+                               matches!(self.context.channel_state, ChannelState::ChannelReady(_)))
                        {
                                self.context.funding_transaction.take()
                        } else { None };
@@ -4201,12 +5277,7 @@ impl<SP: Deref> Channel<SP> where
                        assert!(!self.context.is_outbound() || self.context.minimum_depth == Some(0),
                                "Funding transaction broadcast by the local client before it should have - LDK didn't do it!");
                        self.context.monitor_pending_channel_ready = false;
-                       let next_per_commitment_point = self.context.holder_signer.as_ref().get_per_commitment_point(self.context.cur_holder_commitment_transaction_number, &self.context.secp_ctx);
-                       Some(msgs::ChannelReady {
-                               channel_id: self.context.channel_id(),
-                               next_per_commitment_point,
-                               short_channel_id_alias: Some(self.context.outbound_scid_alias),
-                       })
+                       Some(self.get_channel_ready())
                } else { None };
 
                let announcement_sigs = self.get_announcement_sigs(node_signer, chain_hash, user_config, best_block_height, logger);
@@ -4217,13 +5288,16 @@ impl<SP: Deref> Channel<SP> where
                mem::swap(&mut failed_htlcs, &mut self.context.monitor_pending_failures);
                let mut finalized_claimed_htlcs = Vec::new();
                mem::swap(&mut finalized_claimed_htlcs, &mut self.context.monitor_pending_finalized_fulfills);
+               let mut pending_update_adds = Vec::new();
+               mem::swap(&mut pending_update_adds, &mut self.context.monitor_pending_update_adds);
 
                if self.context.channel_state.is_peer_disconnected() {
                        self.context.monitor_pending_revoke_and_ack = false;
                        self.context.monitor_pending_commitment_signed = false;
                        return MonitorRestoreUpdates {
                                raa: None, commitment_update: None, order: RAACommitmentOrder::RevokeAndACKFirst,
-                               accepted_htlcs, failed_htlcs, finalized_claimed_htlcs, funding_broadcastable, channel_ready, announcement_sigs
+                               accepted_htlcs, failed_htlcs, finalized_claimed_htlcs, pending_update_adds,
+                               funding_broadcastable, channel_ready, announcement_sigs
                        };
                }
 
@@ -4245,7 +5319,28 @@ impl<SP: Deref> Channel<SP> where
                        if commitment_update.is_some() { "a" } else { "no" }, if raa.is_some() { "an" } else { "no" },
                        match order { RAACommitmentOrder::CommitmentFirst => "commitment", RAACommitmentOrder::RevokeAndACKFirst => "RAA"});
                MonitorRestoreUpdates {
-                       raa, commitment_update, order, accepted_htlcs, failed_htlcs, finalized_claimed_htlcs, funding_broadcastable, channel_ready, announcement_sigs
+                       raa, commitment_update, order, accepted_htlcs, failed_htlcs, finalized_claimed_htlcs,
+                       pending_update_adds, funding_broadcastable, channel_ready, announcement_sigs
+               }
+       }
+
+       pub fn check_for_stale_feerate<L: Logger>(&mut self, logger: &L, min_feerate: u32) -> Result<(), ClosureReason> {
+               if self.context.is_outbound() {
+                       // While its possible our fee is too low for an outbound channel because we've been
+                       // unable to increase the fee, we don't try to force-close directly here.
+                       return Ok(());
+               }
+               if self.context.feerate_per_kw < min_feerate {
+                       log_info!(logger,
+                               "Closing channel as feerate of {} is below required {} (the minimum required rate over the past day)",
+                               self.context.feerate_per_kw, min_feerate
+                       );
+                       Err(ClosureReason::PeerFeerateTooLow {
+                               peer_feerate_sat_per_kw: self.context.feerate_per_kw,
+                               required_feerate_sat_per_kw: min_feerate,
+                       })
+               } else {
+                       Ok(())
                }
        }
 
@@ -4253,30 +5348,26 @@ impl<SP: Deref> Channel<SP> where
                where F::Target: FeeEstimator, L::Target: Logger
        {
                if self.context.is_outbound() {
-                       return Err(ChannelError::Close("Non-funding remote tried to update channel fee".to_owned()));
+                       return Err(ChannelError::close("Non-funding remote tried to update channel fee".to_owned()));
                }
                if self.context.channel_state.is_peer_disconnected() {
-                       return Err(ChannelError::Close("Peer sent update_fee when we needed a channel_reestablish".to_owned()));
+                       return Err(ChannelError::close("Peer sent update_fee when we needed a channel_reestablish".to_owned()));
                }
                Channel::<SP>::check_remote_fee(&self.context.channel_type, fee_estimator, msg.feerate_per_kw, Some(self.context.feerate_per_kw), logger)?;
 
                self.context.pending_update_fee = Some((msg.feerate_per_kw, FeeUpdateState::RemoteAnnounced));
                self.context.update_time_counter += 1;
                // Check that we won't be pushed over our dust exposure limit by the feerate increase.
-               if !self.context.channel_type.supports_anchors_zero_fee_htlc_tx() {
-                       let inbound_stats = self.context.get_inbound_pending_htlc_stats(None);
-                       let outbound_stats = self.context.get_outbound_pending_htlc_stats(None);
-                       let holder_tx_dust_exposure = inbound_stats.on_holder_tx_dust_exposure_msat + outbound_stats.on_holder_tx_dust_exposure_msat;
-                       let counterparty_tx_dust_exposure = inbound_stats.on_counterparty_tx_dust_exposure_msat + outbound_stats.on_counterparty_tx_dust_exposure_msat;
-                       let max_dust_htlc_exposure_msat = self.context.get_max_dust_htlc_exposure_msat(fee_estimator);
-                       if holder_tx_dust_exposure > max_dust_htlc_exposure_msat {
-                               return Err(ChannelError::Close(format!("Peer sent update_fee with a feerate ({}) which may over-expose us to dust-in-flight on our own transactions (totaling {} msat)",
-                                       msg.feerate_per_kw, holder_tx_dust_exposure)));
-                       }
-                       if counterparty_tx_dust_exposure > max_dust_htlc_exposure_msat {
-                               return Err(ChannelError::Close(format!("Peer sent update_fee with a feerate ({}) which may over-expose us to dust-in-flight on our counterparty's transactions (totaling {} msat)",
-                                       msg.feerate_per_kw, counterparty_tx_dust_exposure)));
-                       }
+               let dust_exposure_limiting_feerate = self.context.get_dust_exposure_limiting_feerate(&fee_estimator);
+               let htlc_stats = self.context.get_pending_htlc_stats(None, dust_exposure_limiting_feerate);
+               let max_dust_htlc_exposure_msat = self.context.get_max_dust_htlc_exposure_msat(dust_exposure_limiting_feerate);
+               if htlc_stats.on_holder_tx_dust_exposure_msat > max_dust_htlc_exposure_msat {
+                       return Err(ChannelError::close(format!("Peer sent update_fee with a feerate ({}) which may over-expose us to dust-in-flight on our own transactions (totaling {} msat)",
+                               msg.feerate_per_kw, htlc_stats.on_holder_tx_dust_exposure_msat)));
+               }
+               if htlc_stats.on_counterparty_tx_dust_exposure_msat > max_dust_htlc_exposure_msat {
+                       return Err(ChannelError::close(format!("Peer sent update_fee with a feerate ({}) which may over-expose us to dust-in-flight on our counterparty's transactions (totaling {} msat)",
+                               msg.feerate_per_kw, htlc_stats.on_counterparty_tx_dust_exposure_msat)));
                }
                Ok(())
        }
@@ -4292,7 +5383,7 @@ impl<SP: Deref> Channel<SP> where
                        self.context.get_funding_signed_msg(logger).1
                } else { None };
                let channel_ready = if funding_signed.is_some() {
-                       self.check_get_channel_ready(0)
+                       self.check_get_channel_ready(0, logger)
                } else { None };
 
                log_trace!(logger, "Signer unblocked with {} commitment_update, {} funding_signed and {} channel_ready",
@@ -4308,8 +5399,11 @@ impl<SP: Deref> Channel<SP> where
        }
 
        fn get_last_revoke_and_ack(&self) -> msgs::RevokeAndACK {
-               let next_per_commitment_point = self.context.holder_signer.as_ref().get_per_commitment_point(self.context.cur_holder_commitment_transaction_number, &self.context.secp_ctx);
-               let per_commitment_secret = self.context.holder_signer.as_ref().release_commitment_secret(self.context.cur_holder_commitment_transaction_number + 2);
+               debug_assert!(self.context.holder_commitment_point.transaction_number() <= INITIAL_COMMITMENT_NUMBER + 2);
+               // TODO: handle non-available case when get_per_commitment_point becomes async
+               debug_assert!(self.context.holder_commitment_point.is_available());
+               let next_per_commitment_point = self.context.holder_commitment_point.current_point();
+               let per_commitment_secret = self.context.holder_signer.as_ref().release_commitment_secret(self.context.holder_commitment_point.transaction_number() + 2);
                msgs::RevokeAndACK {
                        channel_id: self.context.channel_id,
                        per_commitment_secret,
@@ -4434,21 +5528,21 @@ impl<SP: Deref> Channel<SP> where
                        // While BOLT 2 doesn't indicate explicitly we should error this channel here, it
                        // almost certainly indicates we are going to end up out-of-sync in some way, so we
                        // just close here instead of trying to recover.
-                       return Err(ChannelError::Close("Peer sent a loose channel_reestablish not after reconnect".to_owned()));
+                       return Err(ChannelError::close("Peer sent a loose channel_reestablish not after reconnect".to_owned()));
                }
 
                if msg.next_local_commitment_number >= INITIAL_COMMITMENT_NUMBER || msg.next_remote_commitment_number >= INITIAL_COMMITMENT_NUMBER ||
                        msg.next_local_commitment_number == 0 {
-                       return Err(ChannelError::Close("Peer sent an invalid channel_reestablish to force close in a non-standard way".to_owned()));
+                       return Err(ChannelError::close("Peer sent an invalid channel_reestablish to force close in a non-standard way".to_owned()));
                }
 
-               let our_commitment_transaction = INITIAL_COMMITMENT_NUMBER - self.context.cur_holder_commitment_transaction_number - 1;
+               let our_commitment_transaction = INITIAL_COMMITMENT_NUMBER - self.context.holder_commitment_point.transaction_number() - 1;
                if msg.next_remote_commitment_number > 0 {
                        let expected_point = self.context.holder_signer.as_ref().get_per_commitment_point(INITIAL_COMMITMENT_NUMBER - msg.next_remote_commitment_number + 1, &self.context.secp_ctx);
                        let given_secret = SecretKey::from_slice(&msg.your_last_per_commitment_secret)
-                               .map_err(|_| ChannelError::Close("Peer sent a garbage channel_reestablish with unparseable secret key".to_owned()))?;
+                               .map_err(|_| ChannelError::close("Peer sent a garbage channel_reestablish with unparseable secret key".to_owned()))?;
                        if expected_point != PublicKey::from_secret_key(&self.context.secp_ctx, &given_secret) {
-                               return Err(ChannelError::Close("Peer sent a garbage channel_reestablish with secret key not matching the commitment height provided".to_owned()));
+                               return Err(ChannelError::close("Peer sent a garbage channel_reestablish with secret key not matching the commitment height provided".to_owned()));
                        }
                        if msg.next_remote_commitment_number > our_commitment_transaction {
                                macro_rules! log_and_panic {
@@ -4485,14 +5579,14 @@ impl<SP: Deref> Channel<SP> where
 
                let shutdown_msg = self.get_outbound_shutdown();
 
-               let announcement_sigs = self.get_announcement_sigs(node_signer, chain_hash, user_config, best_block.height(), logger);
+               let announcement_sigs = self.get_announcement_sigs(node_signer, chain_hash, user_config, best_block.height, logger);
 
                if matches!(self.context.channel_state, ChannelState::AwaitingChannelReady(_)) {
                        // If we're waiting on a monitor update, we shouldn't re-send any channel_ready's.
                        if !self.context.channel_state.is_our_channel_ready() ||
                                        self.context.channel_state.is_monitor_update_in_progress() {
                                if msg.next_remote_commitment_number != 0 {
-                                       return Err(ChannelError::Close("Peer claimed they saw a revoke_and_ack but we haven't sent channel_ready yet".to_owned()));
+                                       return Err(ChannelError::close("Peer claimed they saw a revoke_and_ack but we haven't sent channel_ready yet".to_owned()));
                                }
                                // Short circuit the whole handler as there is nothing we can resend them
                                return Ok(ReestablishResponses {
@@ -4504,13 +5598,8 @@ impl<SP: Deref> Channel<SP> where
                        }
 
                        // We have OurChannelReady set!
-                       let next_per_commitment_point = self.context.holder_signer.as_ref().get_per_commitment_point(self.context.cur_holder_commitment_transaction_number, &self.context.secp_ctx);
                        return Ok(ReestablishResponses {
-                               channel_ready: Some(msgs::ChannelReady {
-                                       channel_id: self.context.channel_id(),
-                                       next_per_commitment_point,
-                                       short_channel_id_alias: Some(self.context.outbound_scid_alias),
-                               }),
+                               channel_ready: Some(self.get_channel_ready()),
                                raa: None, commitment_update: None,
                                order: RAACommitmentOrder::CommitmentFirst,
                                shutdown_msg, announcement_sigs,
@@ -4530,7 +5619,7 @@ impl<SP: Deref> Channel<SP> where
                        }
                } else {
                        debug_assert!(false, "All values should have been handled in the four cases above");
-                       return Err(ChannelError::Close(format!(
+                       return Err(ChannelError::close(format!(
                                "Peer attempted to reestablish channel expecting a future local commitment transaction: {} (received) vs {} (expected)",
                                msg.next_remote_commitment_number,
                                our_commitment_transaction
@@ -4547,14 +5636,9 @@ impl<SP: Deref> Channel<SP> where
                }
                let next_counterparty_commitment_number = INITIAL_COMMITMENT_NUMBER - self.context.cur_counterparty_commitment_transaction_number + if is_awaiting_remote_revoke { 1 } else { 0 };
 
-               let channel_ready = if msg.next_local_commitment_number == 1 && INITIAL_COMMITMENT_NUMBER - self.context.cur_holder_commitment_transaction_number == 1 {
+               let channel_ready = if msg.next_local_commitment_number == 1 && INITIAL_COMMITMENT_NUMBER - self.context.holder_commitment_point.transaction_number() == 1 {
                        // We should never have to worry about MonitorUpdateInProgress resending ChannelReady
-                       let next_per_commitment_point = self.context.holder_signer.as_ref().get_per_commitment_point(self.context.cur_holder_commitment_transaction_number, &self.context.secp_ctx);
-                       Some(msgs::ChannelReady {
-                               channel_id: self.context.channel_id(),
-                               next_per_commitment_point,
-                               short_channel_id_alias: Some(self.context.outbound_scid_alias),
-                       })
+                       Some(self.get_channel_ready())
                } else { None };
 
                if msg.next_local_commitment_number == next_counterparty_commitment_number {
@@ -4593,13 +5677,13 @@ impl<SP: Deref> Channel<SP> where
                                })
                        }
                } else if msg.next_local_commitment_number < next_counterparty_commitment_number {
-                       Err(ChannelError::Close(format!(
+                       Err(ChannelError::close(format!(
                                "Peer attempted to reestablish channel with a very old remote commitment transaction: {} (received) vs {} (expected)",
                                msg.next_local_commitment_number,
                                next_counterparty_commitment_number,
                        )))
                } else {
-                       Err(ChannelError::Close(format!(
+                       Err(ChannelError::close(format!(
                                "Peer attempted to reestablish channel with a future remote commitment transaction: {} (received) vs {} (expected)",
                                msg.next_local_commitment_number,
                                next_counterparty_commitment_number,
@@ -4674,7 +5758,7 @@ impl<SP: Deref> Channel<SP> where
        pub fn timer_check_closing_negotiation_progress(&mut self) -> Result<(), ChannelError> {
                if self.closing_negotiation_ready() {
                        if self.context.closing_signed_in_flight {
-                               return Err(ChannelError::Close("closing_signed negotiation failed to finish within two timer ticks".to_owned()));
+                               return Err(ChannelError::close("closing_signed negotiation failed to finish within two timer ticks".to_owned()));
                        } else {
                                self.context.closing_signed_in_flight = true;
                        }
@@ -4719,7 +5803,7 @@ impl<SP: Deref> Channel<SP> where
                        ChannelSignerType::Ecdsa(ecdsa) => {
                                let sig = ecdsa
                                        .sign_closing_transaction(&closing_tx, &self.context.secp_ctx)
-                                       .map_err(|()| ChannelError::Close("Failed to get signature for closing transaction.".to_owned()))?;
+                                       .map_err(|()| ChannelError::close("Failed to get signature for closing transaction.".to_owned()))?;
 
                                self.context.last_sent_closing_fee = Some((total_fee_satoshis, sig.clone()));
                                Ok((Some(msgs::ClosingSigned {
@@ -4765,17 +5849,17 @@ impl<SP: Deref> Channel<SP> where
        ) -> Result<(Option<msgs::Shutdown>, Option<ChannelMonitorUpdate>, Vec<(HTLCSource, PaymentHash)>), ChannelError>
        {
                if self.context.channel_state.is_peer_disconnected() {
-                       return Err(ChannelError::Close("Peer sent shutdown when we needed a channel_reestablish".to_owned()));
+                       return Err(ChannelError::close("Peer sent shutdown when we needed a channel_reestablish".to_owned()));
                }
                if self.context.channel_state.is_pre_funded_state() {
                        // 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...
-                       return Err(ChannelError::Close("Peer sent shutdown pre-funding generation".to_owned()));
+                       return Err(ChannelError::close("Peer sent shutdown pre-funding generation".to_owned()));
                }
                for htlc in self.context.pending_inbound_htlcs.iter() {
                        if let InboundHTLCState::RemoteAnnounced(_) = htlc.state {
-                               return Err(ChannelError::Close("Got shutdown with remote pending HTLCs".to_owned()));
+                               return Err(ChannelError::close("Got shutdown with remote pending HTLCs".to_owned()));
                        }
                }
                assert!(!matches!(self.context.channel_state, ChannelState::ShutdownComplete));
@@ -4803,10 +5887,10 @@ impl<SP: Deref> Channel<SP> where
                                assert!(send_shutdown);
                                let shutdown_scriptpubkey = match signer_provider.get_shutdown_scriptpubkey() {
                                        Ok(scriptpubkey) => scriptpubkey,
-                                       Err(_) => return Err(ChannelError::Close("Failed to get shutdown scriptpubkey".to_owned())),
+                                       Err(_) => return Err(ChannelError::close("Failed to get shutdown scriptpubkey".to_owned())),
                                };
                                if !shutdown_scriptpubkey.is_compatible(their_features) {
-                                       return Err(ChannelError::Close(format!("Provided a scriptpubkey format not accepted by peer: {}", shutdown_scriptpubkey)));
+                                       return Err(ChannelError::close(format!("Provided a scriptpubkey format not accepted by peer: {}", shutdown_scriptpubkey)));
                                }
                                self.context.shutdown_scriptpubkey = Some(shutdown_scriptpubkey);
                                true
@@ -4826,6 +5910,7 @@ impl<SP: Deref> Channel<SP> where
                                updates: vec![ChannelMonitorUpdateStep::ShutdownScript {
                                        scriptpubkey: self.get_closing_scriptpubkey(),
                                }],
+                               channel_id: Some(self.context.channel_id()),
                        };
                        self.monitor_updating_paused(false, false, false, Vec::new(), Vec::new(), Vec::new());
                        self.push_ret_blockable_mon_update(monitor_update)
@@ -4887,20 +5972,20 @@ impl<SP: Deref> Channel<SP> where
                where F::Target: FeeEstimator
        {
                if !self.context.channel_state.is_both_sides_shutdown() {
-                       return Err(ChannelError::Close("Remote end sent us a closing_signed before both sides provided a shutdown".to_owned()));
+                       return Err(ChannelError::close("Remote end sent us a closing_signed before both sides provided a shutdown".to_owned()));
                }
                if self.context.channel_state.is_peer_disconnected() {
-                       return Err(ChannelError::Close("Peer sent closing_signed when we needed a channel_reestablish".to_owned()));
+                       return Err(ChannelError::close("Peer sent closing_signed when we needed a channel_reestablish".to_owned()));
                }
                if !self.context.pending_inbound_htlcs.is_empty() || !self.context.pending_outbound_htlcs.is_empty() {
-                       return Err(ChannelError::Close("Remote end sent us a closing_signed while there were still pending HTLCs".to_owned()));
+                       return Err(ChannelError::close("Remote end sent us a closing_signed while there were still pending HTLCs".to_owned()));
                }
                if msg.fee_satoshis > TOTAL_BITCOIN_SUPPLY_SATOSHIS { // this is required to stop potential overflow in build_closing_transaction
-                       return Err(ChannelError::Close("Remote tried to send us a closing tx with > 21 million BTC fee".to_owned()));
+                       return Err(ChannelError::close("Remote tried to send us a closing tx with > 21 million BTC fee".to_owned()));
                }
 
                if self.context.is_outbound() && self.context.last_sent_closing_fee.is_none() {
-                       return Err(ChannelError::Close("Remote tried to send a closing_signed when we were supposed to propose the first one".to_owned()));
+                       return Err(ChannelError::close("Remote tried to send a closing_signed when we were supposed to propose the first one".to_owned()));
                }
 
                if self.context.channel_state.is_monitor_update_in_progress() {
@@ -4911,7 +5996,7 @@ impl<SP: Deref> Channel<SP> where
                let funding_redeemscript = self.context.get_funding_redeemscript();
                let (mut closing_tx, used_total_fee) = self.build_closing_transaction(msg.fee_satoshis, false);
                if used_total_fee != msg.fee_satoshis {
-                       return Err(ChannelError::Close(format!("Remote sent us a closing_signed with a fee other than the value they can claim. Fee in message: {}. Actual closing tx fee: {}", msg.fee_satoshis, used_total_fee)));
+                       return Err(ChannelError::close(format!("Remote sent us a closing_signed with a fee other than the value they can claim. Fee in message: {}. Actual closing tx fee: {}", msg.fee_satoshis, used_total_fee)));
                }
                let sighash = closing_tx.trust().get_sighash_all(&funding_redeemscript, self.context.channel_value_satoshis);
 
@@ -4927,16 +6012,22 @@ impl<SP: Deref> Channel<SP> where
                };
 
                for outp in closing_tx.trust().built_transaction().output.iter() {
-                       if !outp.script_pubkey.is_witness_program() && outp.value < MAX_STD_OUTPUT_DUST_LIMIT_SATOSHIS {
-                               return Err(ChannelError::Close("Remote sent us a closing_signed with a dust output. Always use segwit closing scripts!".to_owned()));
+                       if !outp.script_pubkey.is_witness_program() && outp.value < Amount::from_sat(MAX_STD_OUTPUT_DUST_LIMIT_SATOSHIS) {
+                               return Err(ChannelError::close("Remote sent us a closing_signed with a dust output. Always use segwit closing scripts!".to_owned()));
                        }
                }
 
+               let closure_reason = if self.initiated_shutdown() {
+                       ClosureReason::LocallyInitiatedCooperativeClosure
+               } else {
+                       ClosureReason::CounterpartyInitiatedCooperativeClosure
+               };
+
                assert!(self.context.shutdown_scriptpubkey.is_some());
                if let Some((last_fee, sig)) = self.context.last_sent_closing_fee {
                        if last_fee == msg.fee_satoshis {
                                let shutdown_result = ShutdownResult {
-                                       closure_reason: ClosureReason::CooperativeClosure,
+                                       closure_reason,
                                        monitor_update: None,
                                        dropped_outbound_htlcs: Vec::new(),
                                        unbroadcasted_batch_funding_txid: self.context.unbroadcasted_batch_funding_txid(),
@@ -4968,10 +6059,10 @@ impl<SP: Deref> Channel<SP> where
                                        ChannelSignerType::Ecdsa(ecdsa) => {
                                                let sig = ecdsa
                                                        .sign_closing_transaction(&closing_tx, &self.context.secp_ctx)
-                                                       .map_err(|_| ChannelError::Close("External signer refused to sign closing transaction".to_owned()))?;
+                                                       .map_err(|_| ChannelError::close("External signer refused to sign closing transaction".to_owned()))?;
                                                let (signed_tx, shutdown_result) = if $new_fee == msg.fee_satoshis {
                                                        let shutdown_result = ShutdownResult {
-                                                               closure_reason: ClosureReason::CooperativeClosure,
+                                                               closure_reason,
                                                                monitor_update: None,
                                                                dropped_outbound_htlcs: Vec::new(),
                                                                unbroadcasted_batch_funding_txid: self.context.unbroadcasted_batch_funding_txid(),
@@ -5010,7 +6101,7 @@ impl<SP: Deref> Channel<SP> where
 
                if let Some(msgs::ClosingSignedFeeRange { min_fee_satoshis, max_fee_satoshis }) = msg.fee_range {
                        if msg.fee_satoshis < min_fee_satoshis || msg.fee_satoshis > max_fee_satoshis {
-                               return Err(ChannelError::Close(format!("Peer sent a bogus closing_signed - suggested fee of {} sat was not in their desired range of {} sat - {} sat", msg.fee_satoshis, min_fee_satoshis, max_fee_satoshis)));
+                               return Err(ChannelError::close(format!("Peer sent a bogus closing_signed - suggested fee of {} sat was not in their desired range of {} sat - {} sat", msg.fee_satoshis, min_fee_satoshis, max_fee_satoshis)));
                        }
                        if max_fee_satoshis < our_min_fee {
                                return Err(ChannelError::Warn(format!("Unable to come to consensus about closing feerate, remote's max fee ({} sat) was smaller than our min fee ({} sat)", max_fee_satoshis, our_min_fee)));
@@ -5026,7 +6117,7 @@ impl<SP: Deref> Channel<SP> where
                                propose_fee!(cmp::min(max_fee_satoshis, our_max_fee));
                        } else {
                                if msg.fee_satoshis < our_min_fee || msg.fee_satoshis > our_max_fee {
-                                       return Err(ChannelError::Close(format!("Peer sent a bogus closing_signed - suggested fee of {} sat was not in our desired range of {} sat - {} sat after we informed them of our range.",
+                                       return Err(ChannelError::close(format!("Peer sent a bogus closing_signed - suggested fee of {} sat was not in our desired range of {} sat - {} sat after we informed them of our range.",
                                                msg.fee_satoshis, our_min_fee, our_max_fee)));
                                }
                                // The proposed fee is in our acceptable range, accept it and broadcast!
@@ -5042,7 +6133,7 @@ impl<SP: Deref> Channel<SP> where
                                        } else if last_fee < our_max_fee {
                                                propose_fee!(our_max_fee);
                                        } else {
-                                               return Err(ChannelError::Close(format!("Unable to come to consensus about closing feerate, remote wants something ({} sat) higher than our max fee ({} sat)", msg.fee_satoshis, our_max_fee)));
+                                               return Err(ChannelError::close(format!("Unable to come to consensus about closing feerate, remote wants something ({} sat) higher than our max fee ({} sat)", msg.fee_satoshis, our_max_fee)));
                                        }
                                } else {
                                        if msg.fee_satoshis > our_min_fee {
@@ -5050,7 +6141,7 @@ impl<SP: Deref> Channel<SP> where
                                        } else if last_fee > our_min_fee {
                                                propose_fee!(our_min_fee);
                                        } else {
-                                               return Err(ChannelError::Close(format!("Unable to come to consensus about closing feerate, remote wants something ({} sat) lower than our min fee ({} sat)", msg.fee_satoshis, our_min_fee)));
+                                               return Err(ChannelError::close(format!("Unable to come to consensus about closing feerate, remote wants something ({} sat) lower than our min fee ({} sat)", msg.fee_satoshis, our_min_fee)));
                                        }
                                }
                        } else {
@@ -5102,8 +6193,98 @@ impl<SP: Deref> Channel<SP> where
                        })
        }
 
+       pub fn can_accept_incoming_htlc<F: Deref, L: Deref>(
+               &self, msg: &msgs::UpdateAddHTLC, fee_estimator: &LowerBoundedFeeEstimator<F>, logger: L
+       ) -> Result<(), (&'static str, u16)>
+       where
+               F::Target: FeeEstimator,
+               L::Target: Logger
+       {
+               if self.context.channel_state.is_local_shutdown_sent() {
+                       return Err(("Shutdown was already sent", 0x4000|8))
+               }
+
+               let dust_exposure_limiting_feerate = self.context.get_dust_exposure_limiting_feerate(&fee_estimator);
+               let htlc_stats = self.context.get_pending_htlc_stats(None, dust_exposure_limiting_feerate);
+               let max_dust_htlc_exposure_msat = self.context.get_max_dust_htlc_exposure_msat(dust_exposure_limiting_feerate);
+               let (htlc_timeout_dust_limit, htlc_success_dust_limit) = if self.context.get_channel_type().supports_anchors_zero_fee_htlc_tx() {
+                       (0, 0)
+               } else {
+                       let dust_buffer_feerate = self.context.get_dust_buffer_feerate(None) as u64;
+                       (dust_buffer_feerate * htlc_timeout_tx_weight(self.context.get_channel_type()) / 1000,
+                               dust_buffer_feerate * htlc_success_tx_weight(self.context.get_channel_type()) / 1000)
+               };
+               let exposure_dust_limit_timeout_sats = htlc_timeout_dust_limit + self.context.counterparty_dust_limit_satoshis;
+               if msg.amount_msat / 1000 < exposure_dust_limit_timeout_sats {
+                       let on_counterparty_tx_dust_htlc_exposure_msat = htlc_stats.on_counterparty_tx_dust_exposure_msat + msg.amount_msat;
+                       if on_counterparty_tx_dust_htlc_exposure_msat > max_dust_htlc_exposure_msat {
+                               log_info!(logger, "Cannot accept value that would put our exposure to dust HTLCs at {} over the limit {} on counterparty commitment tx",
+                                       on_counterparty_tx_dust_htlc_exposure_msat, max_dust_htlc_exposure_msat);
+                               return Err(("Exceeded our dust exposure limit on counterparty commitment tx", 0x1000|7))
+                       }
+               } else {
+                       let htlc_dust_exposure_msat =
+                               per_outbound_htlc_counterparty_commit_tx_fee_msat(self.context.feerate_per_kw, &self.context.channel_type);
+                       let counterparty_tx_dust_exposure =
+                               htlc_stats.on_counterparty_tx_dust_exposure_msat.saturating_add(htlc_dust_exposure_msat);
+                       if counterparty_tx_dust_exposure > max_dust_htlc_exposure_msat {
+                               log_info!(logger, "Cannot accept value that would put our exposure to tx fee dust at {} over the limit {} on counterparty commitment tx",
+                                       counterparty_tx_dust_exposure, max_dust_htlc_exposure_msat);
+                               return Err(("Exceeded our tx fee dust exposure limit on counterparty commitment tx", 0x1000|7))
+                       }
+               }
+
+               let exposure_dust_limit_success_sats = htlc_success_dust_limit + self.context.holder_dust_limit_satoshis;
+               if msg.amount_msat / 1000 < exposure_dust_limit_success_sats {
+                       let on_holder_tx_dust_htlc_exposure_msat = htlc_stats.on_holder_tx_dust_exposure_msat + msg.amount_msat;
+                       if on_holder_tx_dust_htlc_exposure_msat > max_dust_htlc_exposure_msat {
+                               log_info!(logger, "Cannot accept value that would put our exposure to dust HTLCs at {} over the limit {} on holder commitment tx",
+                                       on_holder_tx_dust_htlc_exposure_msat, max_dust_htlc_exposure_msat);
+                               return Err(("Exceeded our dust exposure limit on holder commitment tx", 0x1000|7))
+                       }
+               }
+
+               let anchor_outputs_value_msat = if self.context.get_channel_type().supports_anchors_zero_fee_htlc_tx() {
+                       ANCHOR_OUTPUT_VALUE_SATOSHI * 2 * 1000
+               } else {
+                       0
+               };
+
+               let mut removed_outbound_total_msat = 0;
+               for ref htlc in self.context.pending_outbound_htlcs.iter() {
+                       if let OutboundHTLCState::AwaitingRemoteRevokeToRemove(OutboundHTLCOutcome::Success(_)) = htlc.state {
+                               removed_outbound_total_msat += htlc.amount_msat;
+                       } else if let OutboundHTLCState::AwaitingRemovedRemoteRevoke(OutboundHTLCOutcome::Success(_)) = htlc.state {
+                               removed_outbound_total_msat += htlc.amount_msat;
+                       }
+               }
+
+               let pending_value_to_self_msat =
+                       self.context.value_to_self_msat + htlc_stats.pending_inbound_htlcs_value_msat - removed_outbound_total_msat;
+               let pending_remote_value_msat =
+                       self.context.channel_value_satoshis * 1000 - pending_value_to_self_msat;
+
+               if !self.context.is_outbound() {
+                       // `Some(())` is for the fee spike buffer we keep for the remote. This deviates from
+                       // the spec because the fee spike buffer requirement doesn't exist on the receiver's
+                       // side, only on the sender's. Note that with anchor outputs we are no longer as
+                       // sensitive to fee spikes, so we need to account for them.
+                       let htlc_candidate = HTLCCandidate::new(msg.amount_msat, HTLCInitiator::RemoteOffered);
+                       let mut remote_fee_cost_incl_stuck_buffer_msat = self.context.next_remote_commit_tx_fee_msat(htlc_candidate, Some(()));
+                       if !self.context.get_channel_type().supports_anchors_zero_fee_htlc_tx() {
+                               remote_fee_cost_incl_stuck_buffer_msat *= FEE_SPIKE_BUFFER_FEE_INCREASE_MULTIPLE;
+                       }
+                       if pending_remote_value_msat.saturating_sub(msg.amount_msat).saturating_sub(self.context.holder_selected_channel_reserve_satoshis * 1000).saturating_sub(anchor_outputs_value_msat) < remote_fee_cost_incl_stuck_buffer_msat {
+                               log_info!(logger, "Attempting to fail HTLC due to fee spike buffer violation in channel {}. Rebalancing is required.", &self.context.channel_id());
+                               return Err(("Fee spike buffer violation", 0x1000|7));
+                       }
+               }
+
+               Ok(())
+       }
+
        pub fn get_cur_holder_commitment_transaction_number(&self) -> u64 {
-               self.context.cur_holder_commitment_transaction_number + 1
+               self.context.holder_commitment_point.transaction_number() + 1
        }
 
        pub fn get_cur_counterparty_commitment_transaction_number(&self) -> u64 {
@@ -5211,14 +6392,14 @@ impl<SP: Deref> Channel<SP> where
                if !self.is_awaiting_monitor_update() { return false; }
                if matches!(
                        self.context.channel_state, ChannelState::AwaitingChannelReady(flags)
-                       if (flags & !(AwaitingChannelReadyFlags::THEIR_CHANNEL_READY | FundedStateFlags::PEER_DISCONNECTED | FundedStateFlags::MONITOR_UPDATE_IN_PROGRESS | AwaitingChannelReadyFlags::WAITING_FOR_BATCH)).is_empty()
+                       if flags.clone().clear(AwaitingChannelReadyFlags::THEIR_CHANNEL_READY | FundedStateFlags::PEER_DISCONNECTED | FundedStateFlags::MONITOR_UPDATE_IN_PROGRESS | AwaitingChannelReadyFlags::WAITING_FOR_BATCH).is_empty()
                ) {
                        // If we're not a 0conf channel, we'll be waiting on a monitor update with only
                        // AwaitingChannelReady set, though our peer could have sent their channel_ready.
                        debug_assert!(self.context.minimum_depth.unwrap_or(1) > 0);
                        return true;
                }
-               if self.context.cur_holder_commitment_transaction_number == INITIAL_COMMITMENT_NUMBER - 1 &&
+               if self.context.holder_commitment_point.transaction_number() == INITIAL_COMMITMENT_NUMBER - 1 &&
                        self.context.cur_counterparty_commitment_transaction_number == INITIAL_COMMITMENT_NUMBER - 1 {
                        // If we're a 0-conf channel, we'll move beyond AwaitingChannelReady immediately even while
                        // waiting for the initial monitor persistence. Thus, we check if our commitment
@@ -5256,6 +6437,11 @@ impl<SP: Deref> Channel<SP> where
                self.context.channel_state.is_local_shutdown_sent()
        }
 
+       /// Returns true if we initiated to shut down the channel.
+       pub fn initiated_shutdown(&self) -> bool {
+               self.context.local_initiated_shutdown.is_some()
+       }
+
        /// Returns true if this channel is fully shut down. True here implies that no further actions
        /// may/will be taken on this channel, and thus this object should be freed. Any future changes
        /// will be handled appropriately by the chain monitor.
@@ -5272,7 +6458,9 @@ impl<SP: Deref> Channel<SP> where
                self.context.channel_update_status = status;
        }
 
-       fn check_get_channel_ready(&mut self, height: u32) -> Option<msgs::ChannelReady> {
+       fn check_get_channel_ready<L: Deref>(&mut self, height: u32, logger: &L) -> Option<msgs::ChannelReady>
+               where L::Target: Logger
+       {
                // Called:
                //  * always when a new block/transactions are confirmed with the new height
                //  * when funding is signed with a height of 0
@@ -5292,19 +6480,21 @@ impl<SP: Deref> Channel<SP> where
                // If we're still pending the signature on a funding transaction, then we're not ready to send a
                // channel_ready yet.
                if self.context.signer_pending_funding {
+                       // TODO: set signer_pending_channel_ready
+                       log_debug!(logger, "Can't produce channel_ready: the signer is pending funding.");
                        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 need_commitment_update = if matches!(self.context.channel_state, ChannelState::AwaitingChannelReady(f) if (f & !FundedStateFlags::ALL).is_empty()) {
+               let need_commitment_update = if matches!(self.context.channel_state, ChannelState::AwaitingChannelReady(f) if f.clone().clear(FundedStateFlags::ALL.into()).is_empty()) {
                        self.context.channel_state.set_our_channel_ready();
                        true
-               } else if matches!(self.context.channel_state, ChannelState::AwaitingChannelReady(f) if f & !FundedStateFlags::ALL == AwaitingChannelReadyFlags::THEIR_CHANNEL_READY) {
+               } else if matches!(self.context.channel_state, ChannelState::AwaitingChannelReady(f) if f.clone().clear(FundedStateFlags::ALL.into()) == AwaitingChannelReadyFlags::THEIR_CHANNEL_READY) {
                        self.context.channel_state = ChannelState::ChannelReady(self.context.channel_state.with_funded_state_flags_mask().into());
                        self.context.update_time_counter += 1;
                        true
-               } else if matches!(self.context.channel_state, ChannelState::AwaitingChannelReady(f) if f & !FundedStateFlags::ALL == AwaitingChannelReadyFlags::OUR_CHANNEL_READY) {
+               } else if matches!(self.context.channel_state, ChannelState::AwaitingChannelReady(f) if f.clone().clear(FundedStateFlags::ALL.into()) == AwaitingChannelReadyFlags::OUR_CHANNEL_READY) {
                        // We got a reorg but not enough to trigger a force close, just ignore.
                        false
                } else {
@@ -5324,22 +6514,35 @@ impl<SP: Deref> Channel<SP> where
                        false
                };
 
-               if need_commitment_update {
-                       if !self.context.channel_state.is_monitor_update_in_progress() {
-                               if !self.context.channel_state.is_peer_disconnected() {
-                                       let next_per_commitment_point =
-                                               self.context.holder_signer.as_ref().get_per_commitment_point(INITIAL_COMMITMENT_NUMBER - 1, &self.context.secp_ctx);
-                                       return Some(msgs::ChannelReady {
-                                               channel_id: self.context.channel_id,
-                                               next_per_commitment_point,
-                                               short_channel_id_alias: Some(self.context.outbound_scid_alias),
-                                       });
-                               }
-                       } else {
-                               self.context.monitor_pending_channel_ready = true;
-                       }
+               if !need_commitment_update {
+                       log_debug!(logger, "Not producing channel_ready: we do not need a commitment update");
+                       return None;
+               }
+
+               if self.context.channel_state.is_monitor_update_in_progress() {
+                       log_debug!(logger, "Not producing channel_ready: a monitor update is in progress. Setting monitor_pending_channel_ready.");
+                       self.context.monitor_pending_channel_ready = true;
+                       return None;
+               }
+
+               if self.context.channel_state.is_peer_disconnected() {
+                       log_debug!(logger, "Not producing channel_ready: the peer is disconnected.");
+                       return None;
+               }
+
+               // TODO: when get_per_commiment_point becomes async, check if the point is
+               // available, if not, set signer_pending_channel_ready and return None
+
+               Some(self.get_channel_ready())
+       }
+
+       fn get_channel_ready(&self) -> msgs::ChannelReady {
+               debug_assert!(self.context.holder_commitment_point.is_available());
+               msgs::ChannelReady {
+                       channel_id: self.context.channel_id(),
+                       next_per_commitment_point: self.context.holder_commitment_point.current_point(),
+                       short_channel_id_alias: Some(self.context.outbound_scid_alias),
                }
-               None
        }
 
        /// When a transaction is confirmed, we check whether it is or spends the funding transaction
@@ -5361,8 +6564,8 @@ impl<SP: Deref> Channel<SP> where
                                if self.context.funding_tx_confirmation_height == 0 {
                                        if tx.txid() == funding_txo.txid {
                                                let txo_idx = funding_txo.index as usize;
-                                               if txo_idx >= tx.output.len() || tx.output[txo_idx].script_pubkey != self.context.get_funding_redeemscript().to_v0_p2wsh() ||
-                                                               tx.output[txo_idx].value != self.context.channel_value_satoshis {
+                                               if txo_idx >= tx.output.len() || tx.output[txo_idx].script_pubkey != self.context.get_funding_redeemscript().to_p2wsh() ||
+                                                               tx.output[txo_idx].value.to_sat() != self.context.channel_value_satoshis {
                                                        if self.context.is_outbound() {
                                                                // If we generated the funding transaction and it doesn't match what it
                                                                // should, the client is really broken and we should just panic and
@@ -5377,7 +6580,7 @@ impl<SP: Deref> Channel<SP> where
                                                        return Err(ClosureReason::ProcessingError { err: err_reason.to_owned() });
                                                } else {
                                                        if self.context.is_outbound() {
-                                                               if !tx.is_coin_base() {
+                                                               if !tx.is_coinbase() {
                                                                        for input in tx.input.iter() {
                                                                                if input.witness.is_empty() {
                                                                                        // We generated a malleable funding transaction, implying we've
@@ -5397,7 +6600,7 @@ impl<SP: Deref> Channel<SP> where
                                                }
                                                // 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() &&
+                                               if tx.is_coinbase() &&
                                                        self.context.minimum_depth.unwrap_or(0) > 0 &&
                                                        self.context.minimum_depth.unwrap_or(0) < COINBASE_MATURITY {
                                                        self.context.minimum_depth = Some(COINBASE_MATURITY);
@@ -5406,7 +6609,7 @@ impl<SP: Deref> Channel<SP> where
                                        // 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) {
+                                       if let Some(channel_ready) = self.check_get_channel_ready(height, logger) {
                                                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, chain_hash, user_config, height, logger);
                                                msgs = (Some(channel_ready), announcement_sigs);
@@ -5472,7 +6675,7 @@ impl<SP: Deref> Channel<SP> where
 
                self.context.update_time_counter = cmp::max(self.context.update_time_counter, highest_header_time);
 
-               if let Some(channel_ready) = self.check_get_channel_ready(height) {
+               if let Some(channel_ready) = self.check_get_channel_ready(height, logger) {
                        let announcement_sigs = if let Some((chain_hash, node_signer, user_config)) = chain_node_signer {
                                self.get_announcement_sigs(node_signer, chain_hash, user_config, height, logger)
                        } else { None };
@@ -5705,12 +6908,12 @@ impl<SP: Deref> Channel<SP> where
                let msghash = hash_to_message!(&Sha256d::hash(&announcement.encode()[..])[..]);
 
                if self.context.secp_ctx.verify_ecdsa(&msghash, &msg.node_signature, &self.context.get_counterparty_node_id()).is_err() {
-                       return Err(ChannelError::Close(format!(
+                       return Err(ChannelError::close(format!(
                                "Bad announcement_signatures. Failed to verify node_signature. UnsignedChannelAnnouncement used for verification is {:?}. their_node_key is {:?}",
                                 &announcement, self.context.get_counterparty_node_id())));
                }
                if self.context.secp_ctx.verify_ecdsa(&msghash, &msg.bitcoin_signature, self.context.counterparty_funding_pubkey()).is_err() {
-                       return Err(ChannelError::Close(format!(
+                       return Err(ChannelError::close(format!(
                                "Bad announcement_signatures. Failed to verify bitcoin_signature. UnsignedChannelAnnouncement used for verification is {:?}. their_bitcoin_key is ({:?})",
                                &announcement, self.context.counterparty_funding_pubkey())));
                }
@@ -5775,7 +6978,7 @@ impl<SP: Deref> Channel<SP> where
 
                        // next_local_commitment_number is the next commitment_signed number we expect to
                        // receive (indicating if they need to resend one that we missed).
-                       next_local_commitment_number: INITIAL_COMMITMENT_NUMBER - self.context.cur_holder_commitment_transaction_number,
+                       next_local_commitment_number: INITIAL_COMMITMENT_NUMBER - self.context.holder_commitment_point.transaction_number(),
                        // We have to set next_remote_commitment_number to the next revoke_and_ack we expect to
                        // receive, however we track it by the next commitment number for a remote transaction
                        // (which is one further, as they always revoke previous commitment transaction, not
@@ -5879,7 +7082,7 @@ impl<SP: Deref> Channel<SP> where
                        return Err(ChannelError::Ignore("Cannot send an HTLC while disconnected from channel counterparty".to_owned()));
                }
 
-               let need_holding_cell = self.context.channel_state.should_force_holding_cell();
+               let need_holding_cell = !self.context.channel_state.can_generate_new_commitment();
                log_debug!(logger, "Pushing new outbound HTLC with hash {} for {} msat {}",
                        payment_hash, amount_msat,
                        if force_holding_cell { "into holding cell" }
@@ -5985,7 +7188,8 @@ impl<SP: Deref> Channel<SP> where
                                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()),
-                       }]
+                       }],
+                       channel_id: Some(self.context.channel_id()),
                };
                self.context.channel_state.set_awaiting_remote_revoke();
                monitor_update
@@ -6169,6 +7373,7 @@ 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;
                self.context.channel_state.set_local_shutdown_sent();
+               self.context.local_initiated_shutdown = Some(());
                self.context.update_time_counter += 1;
 
                let monitor_update = if update_shutdown_script {
@@ -6179,6 +7384,7 @@ impl<SP: Deref> Channel<SP> where
                                updates: vec![ChannelMonitorUpdateStep::ShutdownScript {
                                        scriptpubkey: self.get_closing_scriptpubkey(),
                                }],
+                               channel_id: Some(self.context.channel_id()),
                        };
                        self.monitor_updating_paused(false, false, false, Vec::new(), Vec::new(), Vec::new());
                        self.push_ret_blockable_mon_update(monitor_update)
@@ -6236,201 +7442,40 @@ impl<SP: Deref> OutboundV1Channel<SP> where SP::Target: SignerProvider {
        where ES::Target: EntropySource,
              F::Target: FeeEstimator
        {
-               let holder_selected_contest_delay = config.channel_handshake_config.our_to_self_delay;
-               let channel_keys_id = signer_provider.generate_channel_keys_id(false, channel_value_satoshis, user_id);
-               let holder_signer = signer_provider.derive_channel_signer(channel_value_satoshis, channel_keys_id);
-               let pubkeys = holder_signer.pubkeys().clone();
-
-               if !their_features.supports_wumbo() && channel_value_satoshis > MAX_FUNDING_SATOSHIS_NO_WUMBO {
-                       return Err(APIError::APIMisuseError{err: format!("funding_value must not exceed {}, it was {}", MAX_FUNDING_SATOSHIS_NO_WUMBO, channel_value_satoshis)});
-               }
-               if channel_value_satoshis >= TOTAL_BITCOIN_SUPPLY_SATOSHIS {
-                       return Err(APIError::APIMisuseError{err: format!("funding_value must be smaller than the total bitcoin supply, it was {}", channel_value_satoshis)});
-               }
-               let channel_value_msat = channel_value_satoshis * 1000;
-               if push_msat > channel_value_msat {
-                       return Err(APIError::APIMisuseError { err: format!("Push value ({}) was larger than channel_value ({})", push_msat, channel_value_msat) });
-               }
-               if holder_selected_contest_delay < BREAKDOWN_TIMEOUT {
-                       return Err(APIError::APIMisuseError {err: format!("Configured with an unreasonable our_to_self_delay ({}) putting user funds at risks", holder_selected_contest_delay)});
-               }
                let holder_selected_channel_reserve_satoshis = get_holder_selected_channel_reserve_satoshis(channel_value_satoshis, config);
                if holder_selected_channel_reserve_satoshis < MIN_CHAN_DUST_LIMIT_SATOSHIS {
                        // Protocol level safety check in place, although it should never happen because
                        // of `MIN_THEIR_CHAN_RESERVE_SATOSHIS`
-                       return Err(APIError::APIMisuseError { err: format!("Holder selected channel  reserve below implemention limit dust_limit_satoshis {}", holder_selected_channel_reserve_satoshis) });
-               }
-
-               let channel_type = Self::get_initial_channel_type(&config, their_features);
-               debug_assert!(channel_type.is_subset(&channelmanager::provided_channel_type_features(&config)));
-
-               let (commitment_conf_target, anchor_outputs_value_msat)  = if channel_type.supports_anchors_zero_fee_htlc_tx() {
-                       (ConfirmationTarget::AnchorChannelFee, ANCHOR_OUTPUT_VALUE_SATOSHI * 2 * 1000)
-               } else {
-                       (ConfirmationTarget::NonAnchorChannelFee, 0)
-               };
-               let commitment_feerate = fee_estimator.bounded_sat_per_1000_weight(commitment_conf_target);
-
-               let value_to_self_msat = channel_value_satoshis * 1000 - push_msat;
-               let commitment_tx_fee = commit_tx_fee_msat(commitment_feerate, MIN_AFFORDABLE_HTLC_COUNT, &channel_type);
-               if value_to_self_msat.saturating_sub(anchor_outputs_value_msat) < commitment_tx_fee {
-                       return Err(APIError::APIMisuseError{ err: format!("Funding amount ({}) can't even pay fee for initial commitment transaction fee of {}.", value_to_self_msat / 1000, commitment_tx_fee / 1000) });
-               }
-
-               let mut secp_ctx = Secp256k1::new();
-               secp_ctx.seeded_randomize(&entropy_source.get_secure_random_bytes());
-
-               let shutdown_scriptpubkey = if config.channel_handshake_config.commit_upfront_shutdown_pubkey {
-                       match signer_provider.get_shutdown_scriptpubkey() {
-                               Ok(scriptpubkey) => Some(scriptpubkey),
-                               Err(_) => return Err(APIError::ChannelUnavailable { err: "Failed to get shutdown scriptpubkey".to_owned()}),
-                       }
-               } else { None };
-
-               if let Some(shutdown_scriptpubkey) = &shutdown_scriptpubkey {
-                       if !shutdown_scriptpubkey.is_compatible(&their_features) {
-                               return Err(APIError::IncompatibleShutdownScript { script: shutdown_scriptpubkey.clone() });
-                       }
+                       return Err(APIError::APIMisuseError { err: format!("Holder selected channel reserve below \
+                               implemention limit dust_limit_satoshis {}", holder_selected_channel_reserve_satoshis) });
                }
 
-               let destination_script = match signer_provider.get_destination_script(channel_keys_id) {
-                       Ok(script) => script,
-                       Err(_) => return Err(APIError::ChannelUnavailable { err: "Failed to get destination script".to_owned()}),
-               };
-
-               let temporary_channel_id = temporary_channel_id.unwrap_or_else(|| ChannelId::temporary_from_entropy_source(entropy_source));
-
-               Ok(Self {
-                       context: ChannelContext {
-                               user_id,
-
-                               config: LegacyChannelConfig {
-                                       options: config.channel_config.clone(),
-                                       announced_channel: config.channel_handshake_config.announced_channel,
-                                       commit_upfront_shutdown_pubkey: config.channel_handshake_config.commit_upfront_shutdown_pubkey,
-                               },
-
-                               prev_config: None,
-
-                               inbound_handshake_limits_override: Some(config.channel_handshake_limits.clone()),
-
-                               channel_id: temporary_channel_id,
-                               temporary_channel_id: Some(temporary_channel_id),
-                               channel_state: ChannelState::NegotiatingFunding(NegotiatingFundingFlags::OUR_INIT_SENT),
-                               announcement_sigs_state: AnnouncementSigsState::NotSent,
-                               secp_ctx,
-                               channel_value_satoshis,
-
-                               latest_monitor_update_id: 0,
-
-                               holder_signer: ChannelSignerType::Ecdsa(holder_signer),
-                               shutdown_scriptpubkey,
-                               destination_script,
-
-                               cur_holder_commitment_transaction_number: INITIAL_COMMITMENT_NUMBER,
-                               cur_counterparty_commitment_transaction_number: INITIAL_COMMITMENT_NUMBER,
-                               value_to_self_msat,
-
-                               pending_inbound_htlcs: Vec::new(),
-                               pending_outbound_htlcs: Vec::new(),
-                               holding_cell_htlc_updates: Vec::new(),
-                               pending_update_fee: None,
-                               holding_cell_update_fee: None,
-                               next_holder_htlc_id: 0,
-                               next_counterparty_htlc_id: 0,
-                               update_time_counter: 1,
-
-                               resend_order: RAACommitmentOrder::CommitmentFirst,
-
-                               monitor_pending_channel_ready: false,
-                               monitor_pending_revoke_and_ack: false,
-                               monitor_pending_commitment_signed: false,
-                               monitor_pending_forwards: Vec::new(),
-                               monitor_pending_failures: Vec::new(),
-                               monitor_pending_finalized_fulfills: Vec::new(),
-
-                               signer_pending_commitment_update: false,
-                               signer_pending_funding: false,
-
-                               #[cfg(debug_assertions)]
-                               holder_max_commitment_tx_output: Mutex::new((channel_value_satoshis * 1000 - push_msat, push_msat)),
-                               #[cfg(debug_assertions)]
-                               counterparty_max_commitment_tx_output: Mutex::new((channel_value_satoshis * 1000 - push_msat, push_msat)),
-
-                               last_sent_closing_fee: None,
-                               pending_counterparty_closing_signed: None,
-                               expecting_peer_commitment_signed: false,
-                               closing_fee_limits: None,
-                               target_closing_feerate_sats_per_kw: None,
-
-                               funding_tx_confirmed_in: None,
-                               funding_tx_confirmation_height: 0,
-                               short_channel_id: None,
-                               channel_creation_height: current_chain_height,
-
-                               feerate_per_kw: commitment_feerate,
-                               counterparty_dust_limit_satoshis: 0,
-                               holder_dust_limit_satoshis: MIN_CHAN_DUST_LIMIT_SATOSHIS,
-                               counterparty_max_htlc_value_in_flight_msat: 0,
-                               holder_max_htlc_value_in_flight_msat: get_holder_max_htlc_value_in_flight_msat(channel_value_satoshis, &config.channel_handshake_config),
-                               counterparty_selected_channel_reserve_satoshis: None, // Filled in in accept_channel
-                               holder_selected_channel_reserve_satoshis,
-                               counterparty_htlc_minimum_msat: 0,
-                               holder_htlc_minimum_msat: if config.channel_handshake_config.our_htlc_minimum_msat == 0 { 1 } else { config.channel_handshake_config.our_htlc_minimum_msat },
-                               counterparty_max_accepted_htlcs: 0,
-                               holder_max_accepted_htlcs: cmp::min(config.channel_handshake_config.our_max_accepted_htlcs, MAX_HTLCS),
-                               minimum_depth: None, // Filled in in accept_channel
-
-                               counterparty_forwarding_info: None,
-
-                               channel_transaction_parameters: ChannelTransactionParameters {
-                                       holder_pubkeys: pubkeys,
-                                       holder_selected_contest_delay: config.channel_handshake_config.our_to_self_delay,
-                                       is_outbound_from_holder: true,
-                                       counterparty_parameters: None,
-                                       funding_outpoint: None,
-                                       channel_type_features: channel_type.clone()
-                               },
-                               funding_transaction: None,
-                               is_batch_funding: None,
+               let channel_keys_id = signer_provider.generate_channel_keys_id(false, channel_value_satoshis, user_id);
+               let holder_signer = signer_provider.derive_channel_signer(channel_value_satoshis, channel_keys_id);
+               let pubkeys = holder_signer.pubkeys().clone();
 
-                               counterparty_cur_commitment_point: None,
-                               counterparty_prev_commitment_point: None,
+               let chan = Self {
+                       context: ChannelContext::new_for_outbound_channel(
+                               fee_estimator,
+                               entropy_source,
+                               signer_provider,
                                counterparty_node_id,
-
-                               counterparty_shutdown_scriptpubkey: None,
-
-                               commitment_secrets: CounterpartyCommitmentSecrets::new(),
-
-                               channel_update_status: ChannelUpdateStatus::Enabled,
-                               closing_signed_in_flight: false,
-
-                               announcement_sigs: None,
-
-                               #[cfg(any(test, fuzzing))]
-                               next_local_commitment_tx_fee_info_cached: Mutex::new(None),
-                               #[cfg(any(test, fuzzing))]
-                               next_remote_commitment_tx_fee_info_cached: Mutex::new(None),
-
-                               workaround_lnd_bug_4006: None,
-                               sent_message_awaiting_response: None,
-
-                               latest_inbound_scid_alias: None,
+                               their_features,
+                               channel_value_satoshis,
+                               push_msat,
+                               user_id,
+                               config,
+                               current_chain_height,
                                outbound_scid_alias,
-
-                               channel_pending_event_emitted: false,
-                               channel_ready_event_emitted: false,
-
-                               #[cfg(any(test, fuzzing))]
-                               historical_inbound_htlc_fulfills: HashSet::new(),
-
-                               channel_type,
+                               temporary_channel_id,
+                               holder_selected_channel_reserve_satoshis,
                                channel_keys_id,
-
-                               blocked_monitor_updates: Vec::new(),
-                       },
+                               holder_signer,
+                               pubkeys,
+                       )?,
                        unfunded_context: UnfundedChannelContext { unfunded_channel_age_ticks: 0 }
-               })
+               };
+               Ok(chan)
        }
 
        /// Only allowed after [`ChannelContext::channel_transaction_parameters`] is set.
@@ -6485,7 +7530,7 @@ impl<SP: Deref> OutboundV1Channel<SP> where SP::Target: SignerProvider {
                }
                if self.context.commitment_secrets.get_min_seen_secret() != (1 << 48) ||
                                self.context.cur_counterparty_commitment_transaction_number != INITIAL_COMMITMENT_NUMBER ||
-                               self.context.cur_holder_commitment_transaction_number != INITIAL_COMMITMENT_NUMBER {
+                               self.context.holder_commitment_point.transaction_number() != INITIAL_COMMITMENT_NUMBER {
                        panic!("Should not have advanced channel commitment tx numbers prior to funding_created");
                }
 
@@ -6495,11 +7540,11 @@ impl<SP: Deref> OutboundV1Channel<SP> where SP::Target: SignerProvider {
                // Now that we're past error-generating stuff, update our local state:
 
                self.context.channel_state = ChannelState::FundingNegotiated;
-               self.context.channel_id = funding_txo.to_channel_id();
+               self.context.channel_id = ChannelId::v1_from_funding_outpoint(funding_txo);
 
                // 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() &&
+               if funding_transaction.is_coinbase() &&
                        self.context.minimum_depth.unwrap_or(0) > 0 &&
                        self.context.minimum_depth.unwrap_or(0) < COINBASE_MATURITY {
                        self.context.minimum_depth = Some(COINBASE_MATURITY);
@@ -6524,245 +7569,76 @@ impl<SP: Deref> OutboundV1Channel<SP> where SP::Target: SignerProvider {
                Ok(funding_created)
        }
 
-       fn get_initial_channel_type(config: &UserConfig, their_features: &InitFeatures) -> ChannelTypeFeatures {
-               // The default channel type (ie the first one we try) depends on whether the channel is
-               // public - if it is, we just go with `only_static_remotekey` as it's the only option
-               // available. If it's private, we first try `scid_privacy` as it provides better privacy
-               // with no other changes, and fall back to `only_static_remotekey`.
-               let mut ret = ChannelTypeFeatures::only_static_remote_key();
-               if !config.channel_handshake_config.announced_channel &&
-                       config.channel_handshake_config.negotiate_scid_privacy &&
-                       their_features.supports_scid_privacy() {
-                       ret.set_scid_privacy_required();
-               }
-
-               // Optionally, if the user would like to negotiate the `anchors_zero_fee_htlc_tx` option, we
-               // set it now. If they don't understand it, we'll fall back to our default of
-               // `only_static_remotekey`.
-               if config.channel_handshake_config.negotiate_anchors_zero_fee_htlc_tx &&
-                       their_features.supports_anchors_zero_fee_htlc_tx() {
-                       ret.set_anchors_zero_fee_htlc_tx_required();
-               }
-
-               ret
-       }
-
        /// If we receive an error message, it may only be a rejection of the channel type we tried,
-       /// not of our ability to open any channel at all. Thus, on error, we should first call this
-       /// and see if we get a new `OpenChannel` message, otherwise the channel is failed.
-       pub(crate) fn maybe_handle_error_without_close<F: Deref>(
-               &mut self, chain_hash: ChainHash, fee_estimator: &LowerBoundedFeeEstimator<F>
-       ) -> Result<msgs::OpenChannel, ()>
-       where
-               F::Target: FeeEstimator
-       {
-               if !self.context.is_outbound() ||
-                       !matches!(
-                               self.context.channel_state, ChannelState::NegotiatingFunding(flags)
-                               if flags == NegotiatingFundingFlags::OUR_INIT_SENT
-                       )
-               {
-                       return Err(());
-               }
-               if self.context.channel_type == ChannelTypeFeatures::only_static_remote_key() {
-                       // We've exhausted our options
-                       return Err(());
-               }
-               // We support opening a few different types of channels. Try removing our additional
-               // features one by one until we've either arrived at our default or the counterparty has
-               // accepted one.
-               //
-               // Due to the order below, we may not negotiate `option_anchors_zero_fee_htlc_tx` if the
-               // counterparty doesn't support `option_scid_privacy`. Since `get_initial_channel_type`
-               // checks whether the counterparty supports every feature, this would only happen if the
-               // counterparty is advertising the feature, but rejecting channels proposing the feature for
-               // whatever reason.
-               if self.context.channel_type.supports_anchors_zero_fee_htlc_tx() {
-                       self.context.channel_type.clear_anchors_zero_fee_htlc_tx();
-                       self.context.feerate_per_kw = fee_estimator.bounded_sat_per_1000_weight(ConfirmationTarget::NonAnchorChannelFee);
-                       assert!(!self.context.channel_transaction_parameters.channel_type_features.supports_anchors_nonzero_fee_htlc_tx());
-               } else if self.context.channel_type.supports_scid_privacy() {
-                       self.context.channel_type.clear_scid_privacy();
-               } else {
-                       self.context.channel_type = ChannelTypeFeatures::only_static_remote_key();
-               }
-               self.context.channel_transaction_parameters.channel_type_features = self.context.channel_type.clone();
-               Ok(self.get_open_channel(chain_hash))
-       }
-
-       pub fn get_open_channel(&self, chain_hash: ChainHash) -> msgs::OpenChannel {
-               if !self.context.is_outbound() {
-                       panic!("Tried to open a channel for an inbound channel?");
-               }
-               if self.context.have_received_message() {
-                       panic!("Cannot generate an open_channel after we've moved forward");
-               }
-
-               if self.context.cur_holder_commitment_transaction_number != INITIAL_COMMITMENT_NUMBER {
-                       panic!("Tried to send an open_channel for a channel that has already advanced");
-               }
-
-               let first_per_commitment_point = self.context.holder_signer.as_ref().get_per_commitment_point(self.context.cur_holder_commitment_transaction_number, &self.context.secp_ctx);
-               let keys = self.context.get_holder_pubkeys();
-
-               msgs::OpenChannel {
-                       chain_hash,
-                       temporary_channel_id: self.context.channel_id,
-                       funding_satoshis: self.context.channel_value_satoshis,
-                       push_msat: self.context.channel_value_satoshis * 1000 - self.context.value_to_self_msat,
-                       dust_limit_satoshis: self.context.holder_dust_limit_satoshis,
-                       max_htlc_value_in_flight_msat: self.context.holder_max_htlc_value_in_flight_msat,
-                       channel_reserve_satoshis: self.context.holder_selected_channel_reserve_satoshis,
-                       htlc_minimum_msat: self.context.holder_htlc_minimum_msat,
-                       feerate_per_kw: self.context.feerate_per_kw as u32,
-                       to_self_delay: self.context.get_holder_selected_contest_delay(),
-                       max_accepted_htlcs: self.context.holder_max_accepted_htlcs,
-                       funding_pubkey: keys.funding_pubkey,
-                       revocation_basepoint: keys.revocation_basepoint.to_public_key(),
-                       payment_point: keys.payment_point,
-                       delayed_payment_basepoint: keys.delayed_payment_basepoint.to_public_key(),
-                       htlc_basepoint: keys.htlc_basepoint.to_public_key(),
-                       first_per_commitment_point,
-                       channel_flags: if self.context.config.announced_channel {1} else {0},
-                       shutdown_scriptpubkey: Some(match &self.context.shutdown_scriptpubkey {
-                               Some(script) => script.clone().into_inner(),
-                               None => Builder::new().into_script(),
-                       }),
-                       channel_type: Some(self.context.channel_type.clone()),
-               }
-       }
-
-       // Message handlers
-       pub fn accept_channel(&mut self, msg: &msgs::AcceptChannel, default_limits: &ChannelHandshakeLimits, their_features: &InitFeatures) -> Result<(), ChannelError> {
-               let peer_limits = if let Some(ref limits) = self.context.inbound_handshake_limits_override { limits } else { default_limits };
-
-               // Check sanity of message fields:
-               if !self.context.is_outbound() {
-                       return Err(ChannelError::Close("Got an accept_channel message from an inbound peer".to_owned()));
-               }
-               if !matches!(self.context.channel_state, ChannelState::NegotiatingFunding(flags) if flags == NegotiatingFundingFlags::OUR_INIT_SENT) {
-                       return Err(ChannelError::Close("Got an accept_channel message at a strange time".to_owned()));
-               }
-               if msg.dust_limit_satoshis > 21000000 * 100000000 {
-                       return Err(ChannelError::Close(format!("Peer never wants payout outputs? dust_limit_satoshis was {}", msg.dust_limit_satoshis)));
-               }
-               if msg.channel_reserve_satoshis > self.context.channel_value_satoshis {
-                       return Err(ChannelError::Close(format!("Bogus channel_reserve_satoshis ({}). Must not be greater than ({})", msg.channel_reserve_satoshis, self.context.channel_value_satoshis)));
-               }
-               if msg.dust_limit_satoshis > self.context.holder_selected_channel_reserve_satoshis {
-                       return Err(ChannelError::Close(format!("Dust limit ({}) is bigger than our channel reserve ({})", msg.dust_limit_satoshis, self.context.holder_selected_channel_reserve_satoshis)));
-               }
-               if msg.channel_reserve_satoshis > self.context.channel_value_satoshis - self.context.holder_selected_channel_reserve_satoshis {
-                       return Err(ChannelError::Close(format!("Bogus channel_reserve_satoshis ({}). Must not be greater than channel value minus our reserve ({})",
-                               msg.channel_reserve_satoshis, self.context.channel_value_satoshis - self.context.holder_selected_channel_reserve_satoshis)));
-               }
-               let full_channel_value_msat = (self.context.channel_value_satoshis - msg.channel_reserve_satoshis) * 1000;
-               if msg.htlc_minimum_msat >= full_channel_value_msat {
-                       return Err(ChannelError::Close(format!("Minimum htlc value ({}) is full channel value ({})", msg.htlc_minimum_msat, full_channel_value_msat)));
-               }
-               let max_delay_acceptable = u16::min(peer_limits.their_to_self_delay, MAX_LOCAL_BREAKDOWN_TIMEOUT);
-               if msg.to_self_delay > max_delay_acceptable {
-                       return Err(ChannelError::Close(format!("They wanted our payments to be delayed by a needlessly long period. Upper limit: {}. Actual: {}", max_delay_acceptable, msg.to_self_delay)));
-               }
-               if msg.max_accepted_htlcs < 1 {
-                       return Err(ChannelError::Close("0 max_accepted_htlcs makes for a useless channel".to_owned()));
-               }
-               if msg.max_accepted_htlcs > MAX_HTLCS {
-                       return Err(ChannelError::Close(format!("max_accepted_htlcs was {}. It must not be larger than {}", msg.max_accepted_htlcs, MAX_HTLCS)));
-               }
-
-               // Now check against optional parameters as set by config...
-               if msg.htlc_minimum_msat > peer_limits.max_htlc_minimum_msat {
-                       return Err(ChannelError::Close(format!("htlc_minimum_msat ({}) is higher than the user specified limit ({})", msg.htlc_minimum_msat, peer_limits.max_htlc_minimum_msat)));
-               }
-               if msg.max_htlc_value_in_flight_msat < peer_limits.min_max_htlc_value_in_flight_msat {
-                       return Err(ChannelError::Close(format!("max_htlc_value_in_flight_msat ({}) is less than the user specified limit ({})", msg.max_htlc_value_in_flight_msat, peer_limits.min_max_htlc_value_in_flight_msat)));
-               }
-               if msg.channel_reserve_satoshis > peer_limits.max_channel_reserve_satoshis {
-                       return Err(ChannelError::Close(format!("channel_reserve_satoshis ({}) is higher than the user specified limit ({})", msg.channel_reserve_satoshis, peer_limits.max_channel_reserve_satoshis)));
-               }
-               if msg.max_accepted_htlcs < peer_limits.min_max_accepted_htlcs {
-                       return Err(ChannelError::Close(format!("max_accepted_htlcs ({}) is less than the user specified limit ({})", msg.max_accepted_htlcs, peer_limits.min_max_accepted_htlcs)));
-               }
-               if msg.dust_limit_satoshis < MIN_CHAN_DUST_LIMIT_SATOSHIS {
-                       return Err(ChannelError::Close(format!("dust_limit_satoshis ({}) is less than the implementation limit ({})", msg.dust_limit_satoshis, MIN_CHAN_DUST_LIMIT_SATOSHIS)));
-               }
-               if msg.dust_limit_satoshis > MAX_CHAN_DUST_LIMIT_SATOSHIS {
-                       return Err(ChannelError::Close(format!("dust_limit_satoshis ({}) is greater than the implementation limit ({})", msg.dust_limit_satoshis, MAX_CHAN_DUST_LIMIT_SATOSHIS)));
-               }
-               if msg.minimum_depth > peer_limits.max_minimum_depth {
-                       return Err(ChannelError::Close(format!("We consider the minimum depth to be unreasonably large. Expected minimum: ({}). Actual: ({})", peer_limits.max_minimum_depth, msg.minimum_depth)));
-               }
-
-               if let Some(ty) = &msg.channel_type {
-                       if *ty != self.context.channel_type {
-                               return Err(ChannelError::Close("Channel Type in accept_channel didn't match the one sent in open_channel.".to_owned()));
-                       }
-               } else if their_features.supports_channel_type() {
-                       // Assume they've accepted the channel type as they said they understand it.
-               } else {
-                       let channel_type = ChannelTypeFeatures::from_init(&their_features);
-                       if channel_type != ChannelTypeFeatures::only_static_remote_key() {
-                               return Err(ChannelError::Close("Only static_remote_key is supported for non-negotiated channel types".to_owned()));
-                       }
-                       self.context.channel_type = channel_type.clone();
-                       self.context.channel_transaction_parameters.channel_type_features = channel_type;
-               }
-
-               let counterparty_shutdown_scriptpubkey = if their_features.supports_upfront_shutdown_script() {
-                       match &msg.shutdown_scriptpubkey {
-                               &Some(ref script) => {
-                                       // Peer is signaling upfront_shutdown and has opt-out with a 0-length script. We don't enforce anything
-                                       if script.len() == 0 {
-                                               None
-                                       } else {
-                                               if !script::is_bolt2_compliant(&script, their_features) {
-                                                       return Err(ChannelError::Close(format!("Peer is signaling upfront_shutdown but has provided an unacceptable scriptpubkey format: {}", script)));
-                                               }
-                                               Some(script.clone())
-                                       }
-                               },
-                               // Peer is signaling upfront shutdown but don't opt-out with correct mechanism (a.k.a 0-length script). Peer looks buggy, we fail the channel
-                               &None => {
-                                       return Err(ChannelError::Close("Peer is signaling upfront_shutdown but we don't get any script. Use 0-length script to opt-out".to_owned()));
-                               }
-                       }
-               } else { None };
+       /// not of our ability to open any channel at all. Thus, on error, we should first call this
+       /// and see if we get a new `OpenChannel` message, otherwise the channel is failed.
+       pub(crate) fn maybe_handle_error_without_close<F: Deref>(
+               &mut self, chain_hash: ChainHash, fee_estimator: &LowerBoundedFeeEstimator<F>
+       ) -> Result<msgs::OpenChannel, ()>
+       where
+               F::Target: FeeEstimator
+       {
+               self.context.maybe_downgrade_channel_features(fee_estimator)?;
+               Ok(self.get_open_channel(chain_hash))
+       }
 
-               self.context.counterparty_dust_limit_satoshis = msg.dust_limit_satoshis;
-               self.context.counterparty_max_htlc_value_in_flight_msat = cmp::min(msg.max_htlc_value_in_flight_msat, self.context.channel_value_satoshis * 1000);
-               self.context.counterparty_selected_channel_reserve_satoshis = Some(msg.channel_reserve_satoshis);
-               self.context.counterparty_htlc_minimum_msat = msg.htlc_minimum_msat;
-               self.context.counterparty_max_accepted_htlcs = msg.max_accepted_htlcs;
+       /// Returns true if we can resume the channel by sending the [`msgs::OpenChannel`] again.
+       pub fn is_resumable(&self) -> bool {
+               !self.context.have_received_message() &&
+                       self.context.holder_commitment_point.transaction_number() == INITIAL_COMMITMENT_NUMBER
+       }
 
-               if peer_limits.trust_own_funding_0conf {
-                       self.context.minimum_depth = Some(msg.minimum_depth);
-               } else {
-                       self.context.minimum_depth = Some(cmp::max(1, msg.minimum_depth));
+       pub fn get_open_channel(&self, chain_hash: ChainHash) -> msgs::OpenChannel {
+               if !self.context.is_outbound() {
+                       panic!("Tried to open a channel for an inbound channel?");
+               }
+               if self.context.have_received_message() {
+                       panic!("Cannot generate an open_channel after we've moved forward");
                }
 
-               let counterparty_pubkeys = ChannelPublicKeys {
-                       funding_pubkey: msg.funding_pubkey,
-                       revocation_basepoint: RevocationBasepoint::from(msg.revocation_basepoint),
-                       payment_point: msg.payment_point,
-                       delayed_payment_basepoint: DelayedPaymentBasepoint::from(msg.delayed_payment_basepoint),
-                       htlc_basepoint: HtlcBasepoint::from(msg.htlc_basepoint)
-               };
-
-               self.context.channel_transaction_parameters.counterparty_parameters = Some(CounterpartyChannelTransactionParameters {
-                       selected_contest_delay: msg.to_self_delay,
-                       pubkeys: counterparty_pubkeys,
-               });
+               if self.context.holder_commitment_point.transaction_number() != INITIAL_COMMITMENT_NUMBER {
+                       panic!("Tried to send an open_channel for a channel that has already advanced");
+               }
 
-               self.context.counterparty_cur_commitment_point = Some(msg.first_per_commitment_point);
-               self.context.counterparty_shutdown_scriptpubkey = counterparty_shutdown_scriptpubkey;
+               debug_assert!(self.context.holder_commitment_point.is_available());
+               let first_per_commitment_point = self.context.holder_commitment_point.current_point();
+               let keys = self.context.get_holder_pubkeys();
 
-               self.context.channel_state = ChannelState::NegotiatingFunding(
-                       NegotiatingFundingFlags::OUR_INIT_SENT | NegotiatingFundingFlags::THEIR_INIT_SENT
-               );
-               self.context.inbound_handshake_limits_override = None; // We're done enforcing limits on our peer's handshake now.
+               msgs::OpenChannel {
+                       common_fields: msgs::CommonOpenChannelFields {
+                               chain_hash,
+                               temporary_channel_id: self.context.channel_id,
+                               funding_satoshis: self.context.channel_value_satoshis,
+                               dust_limit_satoshis: self.context.holder_dust_limit_satoshis,
+                               max_htlc_value_in_flight_msat: self.context.holder_max_htlc_value_in_flight_msat,
+                               htlc_minimum_msat: self.context.holder_htlc_minimum_msat,
+                               commitment_feerate_sat_per_1000_weight: self.context.feerate_per_kw as u32,
+                               to_self_delay: self.context.get_holder_selected_contest_delay(),
+                               max_accepted_htlcs: self.context.holder_max_accepted_htlcs,
+                               funding_pubkey: keys.funding_pubkey,
+                               revocation_basepoint: keys.revocation_basepoint.to_public_key(),
+                               payment_basepoint: keys.payment_point,
+                               delayed_payment_basepoint: keys.delayed_payment_basepoint.to_public_key(),
+                               htlc_basepoint: keys.htlc_basepoint.to_public_key(),
+                               first_per_commitment_point,
+                               channel_flags: if self.context.config.announced_channel {1} else {0},
+                               shutdown_scriptpubkey: Some(match &self.context.shutdown_scriptpubkey {
+                                       Some(script) => script.clone().into_inner(),
+                                       None => Builder::new().into_script(),
+                               }),
+                               channel_type: Some(self.context.channel_type.clone()),
+                       },
+                       push_msat: self.context.channel_value_satoshis * 1000 - self.context.value_to_self_msat,
+                       channel_reserve_satoshis: self.context.holder_selected_channel_reserve_satoshis,
+               }
+       }
 
-               Ok(())
+       // Message handlers
+       pub fn accept_channel(
+               &mut self, msg: &msgs::AcceptChannel, default_limits: &ChannelHandshakeLimits,
+               their_features: &InitFeatures
+       ) -> Result<(), ChannelError> {
+               self.context.do_accept_channel_checks(default_limits, their_features, &msg.common_fields, msg.channel_reserve_satoshis)
        }
 
        /// Handles a funding_signed message from the remote end.
@@ -6774,14 +7650,14 @@ impl<SP: Deref> OutboundV1Channel<SP> where SP::Target: SignerProvider {
                L::Target: Logger
        {
                if !self.context.is_outbound() {
-                       return Err((self, ChannelError::Close("Received funding_signed for an inbound channel?".to_owned())));
+                       return Err((self, ChannelError::close("Received funding_signed for an inbound channel?".to_owned())));
                }
                if !matches!(self.context.channel_state, ChannelState::FundingNegotiated) {
-                       return Err((self, ChannelError::Close("Received funding_signed in strange state!".to_owned())));
+                       return Err((self, ChannelError::close("Received funding_signed in strange state!".to_owned())));
                }
                if self.context.commitment_secrets.get_min_seen_secret() != (1 << 48) ||
                                self.context.cur_counterparty_commitment_transaction_number != INITIAL_COMMITMENT_NUMBER ||
-                               self.context.cur_holder_commitment_transaction_number != INITIAL_COMMITMENT_NUMBER {
+                               self.context.holder_commitment_point.transaction_number() != INITIAL_COMMITMENT_NUMBER {
                        panic!("Should not have advanced channel commitment tx numbers prior to funding_created");
                }
 
@@ -6795,15 +7671,15 @@ impl<SP: Deref> OutboundV1Channel<SP> where SP::Target: SignerProvider {
                log_trace!(logger, "Initial counterparty tx for channel {} is: txid {} tx {}",
                        &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;
+               let holder_signer = self.context.build_holder_transaction_keys();
+               let initial_commitment_tx = self.context.build_commitment_transaction(self.context.holder_commitment_point.transaction_number(), &holder_signer, true, false, logger).tx;
                {
                        let trusted_tx = initial_commitment_tx.trust();
                        let initial_commitment_bitcoin_tx = trusted_tx.built_transaction();
                        let sighash = initial_commitment_bitcoin_tx.get_sighash_all(&funding_script, self.context.channel_value_satoshis);
                        // They sign our commitment transaction, allowing us to broadcast the tx if we wish.
                        if let Err(_) = self.context.secp_ctx.verify_ecdsa(&sighash, &msg.signature, &self.context.get_counterparty_pubkeys().funding_pubkey) {
-                               return Err((self, ChannelError::Close("Invalid funding_signed signature from peer".to_owned())));
+                               return Err((self, ChannelError::close("Invalid funding_signed signature from peer".to_owned())));
                        }
                }
 
@@ -6818,12 +7694,12 @@ impl<SP: Deref> OutboundV1Channel<SP> where SP::Target: SignerProvider {
                let validated =
                        self.context.holder_signer.as_ref().validate_holder_commitment(&holder_commitment_tx, Vec::new());
                if validated.is_err() {
-                       return Err((self, ChannelError::Close("Failed to validate our commitment".to_owned())));
+                       return Err((self, ChannelError::close("Failed to validate our commitment".to_owned())));
                }
 
                let funding_redeemscript = self.context.get_funding_redeemscript();
                let funding_txo = self.context.get_funding_txo().unwrap();
-               let funding_txo_script = funding_redeemscript.to_v0_p2wsh();
+               let funding_txo_script = funding_redeemscript.to_p2wsh();
                let obscure_factor = get_commitment_transaction_number_obscure_factor(&self.context.get_holder_pubkeys().payment_point, &self.context.get_counterparty_pubkeys().payment_point, self.context.is_outbound());
                let shutdown_script = self.context.shutdown_scriptpubkey.clone().map(|script| script.into_inner());
                let mut monitor_signer = signer_provider.derive_channel_signer(self.context.channel_value_satoshis, self.context.channel_keys_id);
@@ -6834,405 +7710,140 @@ impl<SP: Deref> OutboundV1Channel<SP> where SP::Target: SignerProvider {
                                                          &self.context.channel_transaction_parameters,
                                                          funding_redeemscript.clone(), self.context.channel_value_satoshis,
                                                          obscure_factor,
-                                                         holder_commitment_tx, best_block, self.context.counterparty_node_id);
+                                                         holder_commitment_tx, best_block, self.context.counterparty_node_id, self.context.channel_id());
                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!(!self.context.channel_state.is_monitor_update_in_progress()); // We have no had any monitor(s) yet to fail update!
-               if self.context.is_batch_funding() {
-                       self.context.channel_state = ChannelState::AwaitingChannelReady(AwaitingChannelReadyFlags::WAITING_FOR_BATCH);
-               } else {
-                       self.context.channel_state = ChannelState::AwaitingChannelReady(AwaitingChannelReadyFlags::new());
-               }
-               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 {}", &self.context.channel_id());
-
-               let mut channel = Channel { context: self.context };
-
-               let need_channel_ready = channel.check_get_channel_ready(0).is_some();
-               channel.monitor_updating_paused(false, false, need_channel_ready, Vec::new(), Vec::new(), Vec::new());
-               Ok((channel, channel_monitor))
-       }
-
-       /// Indicates that the signer may have some signatures for us, so we should retry if we're
-       /// blocked.
-       #[cfg(async_signing)]
-       pub fn signer_maybe_unblocked<L: Deref>(&mut self, logger: &L) -> Option<msgs::FundingCreated> where L::Target: Logger {
-               if self.context.signer_pending_funding && self.context.is_outbound() {
-                       log_trace!(logger, "Signer unblocked a funding_created");
-                       self.get_funding_created_msg(logger)
-               } else { None }
-       }
-}
-
-/// A not-yet-funded inbound (from counterparty) channel using V1 channel establishment.
-pub(super) struct InboundV1Channel<SP: Deref> where SP::Target: SignerProvider {
-       pub context: ChannelContext<SP>,
-       pub unfunded_context: UnfundedChannelContext,
-}
-
-/// Fetches the [`ChannelTypeFeatures`] that will be used for a channel built from a given
-/// [`msgs::OpenChannel`].
-pub(super) fn channel_type_from_open_channel(
-       msg: &msgs::OpenChannel, their_features: &InitFeatures,
-       our_supported_features: &ChannelTypeFeatures
-) -> Result<ChannelTypeFeatures, ChannelError> {
-       if let Some(channel_type) = &msg.channel_type {
-               if channel_type.supports_any_optional_bits() {
-                       return Err(ChannelError::Close("Channel Type field contained optional bits - this is not allowed".to_owned()));
-               }
-
-               // We only support the channel types defined by the `ChannelManager` in
-               // `provided_channel_type_features`. The channel type must always support
-               // `static_remote_key`.
-               if !channel_type.requires_static_remote_key() {
-                       return Err(ChannelError::Close("Channel Type was not understood - we require static remote key".to_owned()));
-               }
-               // Make sure we support all of the features behind the channel type.
-               if !channel_type.is_subset(our_supported_features) {
-                       return Err(ChannelError::Close("Channel Type contains unsupported features".to_owned()));
-               }
-               let announced_channel = if (msg.channel_flags & 1) == 1 { true } else { false };
-               if channel_type.requires_scid_privacy() && announced_channel {
-                       return Err(ChannelError::Close("SCID Alias/Privacy Channel Type cannot be set on a public channel".to_owned()));
-               }
-               Ok(channel_type.clone())
-       } else {
-               let channel_type = ChannelTypeFeatures::from_init(&their_features);
-               if channel_type != ChannelTypeFeatures::only_static_remote_key() {
-                       return Err(ChannelError::Close("Only static_remote_key is supported for non-negotiated channel types".to_owned()));
-               }
-               Ok(channel_type)
-       }
-}
-
-impl<SP: Deref> InboundV1Channel<SP> where SP::Target: SignerProvider {
-       /// Creates a new channel from a remote sides' request for one.
-       /// Assumes chain_hash has already been checked and corresponds with what we expect!
-       pub fn new<ES: Deref, F: Deref, L: Deref>(
-               fee_estimator: &LowerBoundedFeeEstimator<F>, entropy_source: &ES, signer_provider: &SP,
-               counterparty_node_id: PublicKey, our_supported_features: &ChannelTypeFeatures,
-               their_features: &InitFeatures, msg: &msgs::OpenChannel, user_id: u128, config: &UserConfig,
-               current_chain_height: u32, logger: &L, is_0conf: bool,
-       ) -> Result<InboundV1Channel<SP>, ChannelError>
-               where ES::Target: EntropySource,
-                         F::Target: FeeEstimator,
-                         L::Target: Logger,
-       {
-               let logger = WithContext::from(logger, Some(counterparty_node_id), Some(msg.temporary_channel_id));
-               let announced_channel = if (msg.channel_flags & 1) == 1 { true } else { false };
-
-               // First check the channel type is known, failing before we do anything else if we don't
-               // support this channel type.
-               let channel_type = channel_type_from_open_channel(msg, their_features, our_supported_features)?;
-
-               let channel_keys_id = signer_provider.generate_channel_keys_id(true, msg.funding_satoshis, user_id);
-               let holder_signer = signer_provider.derive_channel_signer(msg.funding_satoshis, channel_keys_id);
-               let pubkeys = holder_signer.pubkeys().clone();
-               let counterparty_pubkeys = ChannelPublicKeys {
-                       funding_pubkey: msg.funding_pubkey,
-                       revocation_basepoint: RevocationBasepoint::from(msg.revocation_basepoint),
-                       payment_point: msg.payment_point,
-                       delayed_payment_basepoint: DelayedPaymentBasepoint::from(msg.delayed_payment_basepoint),
-                       htlc_basepoint: HtlcBasepoint::from(msg.htlc_basepoint)
-               };
-
-               if config.channel_handshake_config.our_to_self_delay < BREAKDOWN_TIMEOUT {
-                       return Err(ChannelError::Close(format!("Configured with an unreasonable our_to_self_delay ({}) putting user funds at risks. It must be greater than {}", config.channel_handshake_config.our_to_self_delay, BREAKDOWN_TIMEOUT)));
-               }
-
-               // Check sanity of message fields:
-               if msg.funding_satoshis > config.channel_handshake_limits.max_funding_satoshis {
-                       return Err(ChannelError::Close(format!("Per our config, funding must be at most {}. It was {}", config.channel_handshake_limits.max_funding_satoshis, msg.funding_satoshis)));
-               }
-               if msg.funding_satoshis >= TOTAL_BITCOIN_SUPPLY_SATOSHIS {
-                       return Err(ChannelError::Close(format!("Funding must be smaller than the total bitcoin supply. It was {}", msg.funding_satoshis)));
-               }
-               if msg.channel_reserve_satoshis > msg.funding_satoshis {
-                       return Err(ChannelError::Close(format!("Bogus channel_reserve_satoshis ({}). Must be not greater than funding_satoshis: {}", msg.channel_reserve_satoshis, msg.funding_satoshis)));
-               }
-               let full_channel_value_msat = (msg.funding_satoshis - msg.channel_reserve_satoshis) * 1000;
-               if msg.push_msat > full_channel_value_msat {
-                       return Err(ChannelError::Close(format!("push_msat {} was larger than channel amount minus reserve ({})", msg.push_msat, full_channel_value_msat)));
-               }
-               if msg.dust_limit_satoshis > msg.funding_satoshis {
-                       return Err(ChannelError::Close(format!("dust_limit_satoshis {} was larger than funding_satoshis {}. Peer never wants payout outputs?", msg.dust_limit_satoshis, msg.funding_satoshis)));
-               }
-               if msg.htlc_minimum_msat >= full_channel_value_msat {
-                       return Err(ChannelError::Close(format!("Minimum htlc value ({}) was larger than full channel value ({})", msg.htlc_minimum_msat, full_channel_value_msat)));
-               }
-               Channel::<SP>::check_remote_fee(&channel_type, fee_estimator, msg.feerate_per_kw, None, &&logger)?;
-
-               let max_counterparty_selected_contest_delay = u16::min(config.channel_handshake_limits.their_to_self_delay, MAX_LOCAL_BREAKDOWN_TIMEOUT);
-               if msg.to_self_delay > max_counterparty_selected_contest_delay {
-                       return Err(ChannelError::Close(format!("They wanted our payments to be delayed by a needlessly long period. Upper limit: {}. Actual: {}", max_counterparty_selected_contest_delay, msg.to_self_delay)));
-               }
-               if msg.max_accepted_htlcs < 1 {
-                       return Err(ChannelError::Close("0 max_accepted_htlcs makes for a useless channel".to_owned()));
-               }
-               if msg.max_accepted_htlcs > MAX_HTLCS {
-                       return Err(ChannelError::Close(format!("max_accepted_htlcs was {}. It must not be larger than {}", msg.max_accepted_htlcs, MAX_HTLCS)));
-               }
-
-               // Now check against optional parameters as set by config...
-               if msg.funding_satoshis < config.channel_handshake_limits.min_funding_satoshis {
-                       return Err(ChannelError::Close(format!("Funding satoshis ({}) is less than the user specified limit ({})", msg.funding_satoshis, config.channel_handshake_limits.min_funding_satoshis)));
-               }
-               if msg.htlc_minimum_msat > config.channel_handshake_limits.max_htlc_minimum_msat {
-                       return Err(ChannelError::Close(format!("htlc_minimum_msat ({}) is higher than the user specified limit ({})", msg.htlc_minimum_msat,  config.channel_handshake_limits.max_htlc_minimum_msat)));
-               }
-               if msg.max_htlc_value_in_flight_msat < config.channel_handshake_limits.min_max_htlc_value_in_flight_msat {
-                       return Err(ChannelError::Close(format!("max_htlc_value_in_flight_msat ({}) is less than the user specified limit ({})", msg.max_htlc_value_in_flight_msat, config.channel_handshake_limits.min_max_htlc_value_in_flight_msat)));
-               }
-               if msg.channel_reserve_satoshis > config.channel_handshake_limits.max_channel_reserve_satoshis {
-                       return Err(ChannelError::Close(format!("channel_reserve_satoshis ({}) is higher than the user specified limit ({})", msg.channel_reserve_satoshis, config.channel_handshake_limits.max_channel_reserve_satoshis)));
-               }
-               if msg.max_accepted_htlcs < config.channel_handshake_limits.min_max_accepted_htlcs {
-                       return Err(ChannelError::Close(format!("max_accepted_htlcs ({}) is less than the user specified limit ({})", msg.max_accepted_htlcs, config.channel_handshake_limits.min_max_accepted_htlcs)));
-               }
-               if msg.dust_limit_satoshis < MIN_CHAN_DUST_LIMIT_SATOSHIS {
-                       return Err(ChannelError::Close(format!("dust_limit_satoshis ({}) is less than the implementation limit ({})", msg.dust_limit_satoshis, MIN_CHAN_DUST_LIMIT_SATOSHIS)));
-               }
-               if msg.dust_limit_satoshis >  MAX_CHAN_DUST_LIMIT_SATOSHIS {
-                       return Err(ChannelError::Close(format!("dust_limit_satoshis ({}) is greater than the implementation limit ({})", msg.dust_limit_satoshis, MAX_CHAN_DUST_LIMIT_SATOSHIS)));
-               }
-
-               // Convert things into internal flags and prep our state:
-
-               if config.channel_handshake_limits.force_announced_channel_preference {
-                       if config.channel_handshake_config.announced_channel != announced_channel {
-                               return Err(ChannelError::Close("Peer tried to open channel but their announcement preference is different from ours".to_owned()));
-                       }
-               }
-
-               let holder_selected_channel_reserve_satoshis = get_holder_selected_channel_reserve_satoshis(msg.funding_satoshis, config);
-               if holder_selected_channel_reserve_satoshis < MIN_CHAN_DUST_LIMIT_SATOSHIS {
-                       // Protocol level safety check in place, although it should never happen because
-                       // of `MIN_THEIR_CHAN_RESERVE_SATOSHIS`
-                       return Err(ChannelError::Close(format!("Suitable channel reserve not found. remote_channel_reserve was ({}). dust_limit_satoshis is ({}).", holder_selected_channel_reserve_satoshis, MIN_CHAN_DUST_LIMIT_SATOSHIS)));
-               }
-               if holder_selected_channel_reserve_satoshis * 1000 >= full_channel_value_msat {
-                       return Err(ChannelError::Close(format!("Suitable channel reserve not found. remote_channel_reserve was ({})msats. Channel value is ({} - {})msats.", holder_selected_channel_reserve_satoshis * 1000, full_channel_value_msat, msg.push_msat)));
-               }
-               if msg.channel_reserve_satoshis < MIN_CHAN_DUST_LIMIT_SATOSHIS {
-                       log_debug!(logger, "channel_reserve_satoshis ({}) is smaller than our dust limit ({}). We can broadcast stale states without any risk, implying this channel is very insecure for our counterparty.",
-                               msg.channel_reserve_satoshis, MIN_CHAN_DUST_LIMIT_SATOSHIS);
-               }
-               if holder_selected_channel_reserve_satoshis < msg.dust_limit_satoshis {
-                       return Err(ChannelError::Close(format!("Dust limit ({}) too high for the channel reserve we require the remote to keep ({})", msg.dust_limit_satoshis, holder_selected_channel_reserve_satoshis)));
-               }
-
-               // check if the funder's amount for the initial commitment tx is sufficient
-               // for full fee payment plus a few HTLCs to ensure the channel will be useful.
-               let anchor_outputs_value = if channel_type.supports_anchors_zero_fee_htlc_tx() {
-                       ANCHOR_OUTPUT_VALUE_SATOSHI * 2
-               } else {
-                       0
-               };
-               let funders_amount_msat = msg.funding_satoshis * 1000 - msg.push_msat;
-               let commitment_tx_fee = commit_tx_fee_msat(msg.feerate_per_kw, MIN_AFFORDABLE_HTLC_COUNT, &channel_type) / 1000;
-               if (funders_amount_msat / 1000).saturating_sub(anchor_outputs_value) < commitment_tx_fee {
-                       return Err(ChannelError::Close(format!("Funding amount ({} sats) can't even pay fee for initial commitment transaction fee of {} sats.", (funders_amount_msat / 1000).saturating_sub(anchor_outputs_value), commitment_tx_fee)));
-               }
-
-               let to_remote_satoshis = funders_amount_msat / 1000 - commitment_tx_fee - anchor_outputs_value;
-               // While it's reasonable for us to not meet the channel reserve initially (if they don't
-               // want to push much to us), our counterparty should always have more than our reserve.
-               if to_remote_satoshis < holder_selected_channel_reserve_satoshis {
-                       return Err(ChannelError::Close("Insufficient funding amount for initial reserve".to_owned()));
-               }
-
-               let counterparty_shutdown_scriptpubkey = if their_features.supports_upfront_shutdown_script() {
-                       match &msg.shutdown_scriptpubkey {
-                               &Some(ref script) => {
-                                       // Peer is signaling upfront_shutdown and has opt-out with a 0-length script. We don't enforce anything
-                                       if script.len() == 0 {
-                                               None
-                                       } else {
-                                               if !script::is_bolt2_compliant(&script, their_features) {
-                                                       return Err(ChannelError::Close(format!("Peer is signaling upfront_shutdown but has provided an unacceptable scriptpubkey format: {}", script)))
-                                               }
-                                               Some(script.clone())
-                                       }
-                               },
-                               // Peer is signaling upfront shutdown but don't opt-out with correct mechanism (a.k.a 0-length script). Peer looks buggy, we fail the channel
-                               &None => {
-                                       return Err(ChannelError::Close("Peer is signaling upfront_shutdown but we don't get any script. Use 0-length script to opt-out".to_owned()));
-                               }
-                       }
-               } else { None };
-
-               let shutdown_scriptpubkey = if config.channel_handshake_config.commit_upfront_shutdown_pubkey {
-                       match signer_provider.get_shutdown_scriptpubkey() {
-                               Ok(scriptpubkey) => Some(scriptpubkey),
-                               Err(_) => return Err(ChannelError::Close("Failed to get upfront shutdown scriptpubkey".to_owned())),
-                       }
-               } else { None };
-
-               if let Some(shutdown_scriptpubkey) = &shutdown_scriptpubkey {
-                       if !shutdown_scriptpubkey.is_compatible(&their_features) {
-                               return Err(ChannelError::Close(format!("Provided a scriptpubkey format not accepted by peer: {}", shutdown_scriptpubkey)));
-                       }
-               }
-
-               let destination_script = match signer_provider.get_destination_script(channel_keys_id) {
-                       Ok(script) => script,
-                       Err(_) => return Err(ChannelError::Close("Failed to get destination script".to_owned())),
-               };
-
-               let mut secp_ctx = Secp256k1::new();
-               secp_ctx.seeded_randomize(&entropy_source.get_secure_random_bytes());
-
-               let minimum_depth = if is_0conf {
-                       Some(0)
-               } else {
-                       Some(cmp::max(config.channel_handshake_config.minimum_depth, 1))
-               };
-
-               let chan = Self {
-                       context: ChannelContext {
-                               user_id,
-
-                               config: LegacyChannelConfig {
-                                       options: config.channel_config.clone(),
-                                       announced_channel,
-                                       commit_upfront_shutdown_pubkey: config.channel_handshake_config.commit_upfront_shutdown_pubkey,
-                               },
-
-                               prev_config: None,
-
-                               inbound_handshake_limits_override: None,
-
-                               temporary_channel_id: Some(msg.temporary_channel_id),
-                               channel_id: msg.temporary_channel_id,
-                               channel_state: ChannelState::NegotiatingFunding(
-                                       NegotiatingFundingFlags::OUR_INIT_SENT | NegotiatingFundingFlags::THEIR_INIT_SENT
-                               ),
-                               announcement_sigs_state: AnnouncementSigsState::NotSent,
-                               secp_ctx,
-
-                               latest_monitor_update_id: 0,
-
-                               holder_signer: ChannelSignerType::Ecdsa(holder_signer),
-                               shutdown_scriptpubkey,
-                               destination_script,
-
-                               cur_holder_commitment_transaction_number: INITIAL_COMMITMENT_NUMBER,
-                               cur_counterparty_commitment_transaction_number: INITIAL_COMMITMENT_NUMBER,
-                               value_to_self_msat: msg.push_msat,
-
-                               pending_inbound_htlcs: Vec::new(),
-                               pending_outbound_htlcs: Vec::new(),
-                               holding_cell_htlc_updates: Vec::new(),
-                               pending_update_fee: None,
-                               holding_cell_update_fee: None,
-                               next_holder_htlc_id: 0,
-                               next_counterparty_htlc_id: 0,
-                               update_time_counter: 1,
-
-                               resend_order: RAACommitmentOrder::CommitmentFirst,
-
-                               monitor_pending_channel_ready: false,
-                               monitor_pending_revoke_and_ack: false,
-                               monitor_pending_commitment_signed: false,
-                               monitor_pending_forwards: Vec::new(),
-                               monitor_pending_failures: Vec::new(),
-                               monitor_pending_finalized_fulfills: Vec::new(),
-
-                               signer_pending_commitment_update: false,
-                               signer_pending_funding: false,
-
-                               #[cfg(debug_assertions)]
-                               holder_max_commitment_tx_output: Mutex::new((msg.push_msat, msg.funding_satoshis * 1000 - msg.push_msat)),
-                               #[cfg(debug_assertions)]
-                               counterparty_max_commitment_tx_output: Mutex::new((msg.push_msat, msg.funding_satoshis * 1000 - msg.push_msat)),
-
-                               last_sent_closing_fee: None,
-                               pending_counterparty_closing_signed: None,
-                               expecting_peer_commitment_signed: false,
-                               closing_fee_limits: None,
-                               target_closing_feerate_sats_per_kw: None,
-
-                               funding_tx_confirmed_in: None,
-                               funding_tx_confirmation_height: 0,
-                               short_channel_id: None,
-                               channel_creation_height: current_chain_height,
-
-                               feerate_per_kw: msg.feerate_per_kw,
-                               channel_value_satoshis: msg.funding_satoshis,
-                               counterparty_dust_limit_satoshis: msg.dust_limit_satoshis,
-                               holder_dust_limit_satoshis: MIN_CHAN_DUST_LIMIT_SATOSHIS,
-                               counterparty_max_htlc_value_in_flight_msat: cmp::min(msg.max_htlc_value_in_flight_msat, msg.funding_satoshis * 1000),
-                               holder_max_htlc_value_in_flight_msat: get_holder_max_htlc_value_in_flight_msat(msg.funding_satoshis, &config.channel_handshake_config),
-                               counterparty_selected_channel_reserve_satoshis: Some(msg.channel_reserve_satoshis),
-                               holder_selected_channel_reserve_satoshis,
-                               counterparty_htlc_minimum_msat: msg.htlc_minimum_msat,
-                               holder_htlc_minimum_msat: if config.channel_handshake_config.our_htlc_minimum_msat == 0 { 1 } else { config.channel_handshake_config.our_htlc_minimum_msat },
-                               counterparty_max_accepted_htlcs: msg.max_accepted_htlcs,
-                               holder_max_accepted_htlcs: cmp::min(config.channel_handshake_config.our_max_accepted_htlcs, MAX_HTLCS),
-                               minimum_depth,
+                       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);
 
-                               counterparty_forwarding_info: None,
+               assert!(!self.context.channel_state.is_monitor_update_in_progress()); // We have no had any monitor(s) yet to fail update!
+               if self.context.is_batch_funding() {
+                       self.context.channel_state = ChannelState::AwaitingChannelReady(AwaitingChannelReadyFlags::WAITING_FOR_BATCH);
+               } else {
+                       self.context.channel_state = ChannelState::AwaitingChannelReady(AwaitingChannelReadyFlags::new());
+               }
+               self.context.holder_commitment_point.advance(&self.context.holder_signer, &self.context.secp_ctx, logger);
+               self.context.cur_counterparty_commitment_transaction_number -= 1;
 
-                               channel_transaction_parameters: ChannelTransactionParameters {
-                                       holder_pubkeys: pubkeys,
-                                       holder_selected_contest_delay: config.channel_handshake_config.our_to_self_delay,
-                                       is_outbound_from_holder: false,
-                                       counterparty_parameters: Some(CounterpartyChannelTransactionParameters {
-                                               selected_contest_delay: msg.to_self_delay,
-                                               pubkeys: counterparty_pubkeys,
-                                       }),
-                                       funding_outpoint: None,
-                                       channel_type_features: channel_type.clone()
-                               },
-                               funding_transaction: None,
-                               is_batch_funding: None,
+               log_info!(logger, "Received funding_signed from peer for channel {}", &self.context.channel_id());
 
-                               counterparty_cur_commitment_point: Some(msg.first_per_commitment_point),
-                               counterparty_prev_commitment_point: None,
-                               counterparty_node_id,
+               let mut channel = Channel {
+                       context: self.context,
+                       #[cfg(any(dual_funding, splicing))]
+                       dual_funding_channel_context: None,
+               };
 
-                               counterparty_shutdown_scriptpubkey,
+               let need_channel_ready = channel.check_get_channel_ready(0, logger).is_some();
+               channel.monitor_updating_paused(false, false, need_channel_ready, Vec::new(), Vec::new(), Vec::new());
+               Ok((channel, channel_monitor))
+       }
 
-                               commitment_secrets: CounterpartyCommitmentSecrets::new(),
+       /// Indicates that the signer may have some signatures for us, so we should retry if we're
+       /// blocked.
+       #[cfg(async_signing)]
+       pub fn signer_maybe_unblocked<L: Deref>(&mut self, logger: &L) -> Option<msgs::FundingCreated> where L::Target: Logger {
+               if self.context.signer_pending_funding && self.context.is_outbound() {
+                       log_trace!(logger, "Signer unblocked a funding_created");
+                       self.get_funding_created_msg(logger)
+               } else { None }
+       }
+}
 
-                               channel_update_status: ChannelUpdateStatus::Enabled,
-                               closing_signed_in_flight: false,
+/// A not-yet-funded inbound (from counterparty) channel using V1 channel establishment.
+pub(super) struct InboundV1Channel<SP: Deref> where SP::Target: SignerProvider {
+       pub context: ChannelContext<SP>,
+       pub unfunded_context: UnfundedChannelContext,
+}
 
-                               announcement_sigs: None,
+/// Fetches the [`ChannelTypeFeatures`] that will be used for a channel built from a given
+/// [`msgs::CommonOpenChannelFields`].
+pub(super) fn channel_type_from_open_channel(
+       common_fields: &msgs::CommonOpenChannelFields, their_features: &InitFeatures,
+       our_supported_features: &ChannelTypeFeatures
+) -> Result<ChannelTypeFeatures, ChannelError> {
+       if let Some(channel_type) = &common_fields.channel_type {
+               if channel_type.supports_any_optional_bits() {
+                       return Err(ChannelError::close("Channel Type field contained optional bits - this is not allowed".to_owned()));
+               }
 
-                               #[cfg(any(test, fuzzing))]
-                               next_local_commitment_tx_fee_info_cached: Mutex::new(None),
-                               #[cfg(any(test, fuzzing))]
-                               next_remote_commitment_tx_fee_info_cached: Mutex::new(None),
+               // We only support the channel types defined by the `ChannelManager` in
+               // `provided_channel_type_features`. The channel type must always support
+               // `static_remote_key`.
+               if !channel_type.requires_static_remote_key() {
+                       return Err(ChannelError::close("Channel Type was not understood - we require static remote key".to_owned()));
+               }
+               // Make sure we support all of the features behind the channel type.
+               if !channel_type.is_subset(our_supported_features) {
+                       return Err(ChannelError::close("Channel Type contains unsupported features".to_owned()));
+               }
+               let announced_channel = if (common_fields.channel_flags & 1) == 1 { true } else { false };
+               if channel_type.requires_scid_privacy() && announced_channel {
+                       return Err(ChannelError::close("SCID Alias/Privacy Channel Type cannot be set on a public channel".to_owned()));
+               }
+               Ok(channel_type.clone())
+       } else {
+               let channel_type = ChannelTypeFeatures::from_init(&their_features);
+               if channel_type != ChannelTypeFeatures::only_static_remote_key() {
+                       return Err(ChannelError::close("Only static_remote_key is supported for non-negotiated channel types".to_owned()));
+               }
+               Ok(channel_type)
+       }
+}
 
-                               workaround_lnd_bug_4006: None,
-                               sent_message_awaiting_response: None,
+impl<SP: Deref> InboundV1Channel<SP> where SP::Target: SignerProvider {
+       /// Creates a new channel from a remote sides' request for one.
+       /// Assumes chain_hash has already been checked and corresponds with what we expect!
+       pub fn new<ES: Deref, F: Deref, L: Deref>(
+               fee_estimator: &LowerBoundedFeeEstimator<F>, entropy_source: &ES, signer_provider: &SP,
+               counterparty_node_id: PublicKey, our_supported_features: &ChannelTypeFeatures,
+               their_features: &InitFeatures, msg: &msgs::OpenChannel, user_id: u128, config: &UserConfig,
+               current_chain_height: u32, logger: &L, is_0conf: bool,
+       ) -> Result<InboundV1Channel<SP>, ChannelError>
+               where ES::Target: EntropySource,
+                         F::Target: FeeEstimator,
+                         L::Target: Logger,
+       {
+               let logger = WithContext::from(logger, Some(counterparty_node_id), Some(msg.common_fields.temporary_channel_id), None);
 
-                               latest_inbound_scid_alias: None,
-                               outbound_scid_alias: 0,
+               // First check the channel type is known, failing before we do anything else if we don't
+               // support this channel type.
+               let channel_type = channel_type_from_open_channel(&msg.common_fields, their_features, our_supported_features)?;
 
-                               channel_pending_event_emitted: false,
-                               channel_ready_event_emitted: false,
+               let holder_selected_channel_reserve_satoshis = get_holder_selected_channel_reserve_satoshis(msg.common_fields.funding_satoshis, config);
+               let counterparty_pubkeys = ChannelPublicKeys {
+                       funding_pubkey: msg.common_fields.funding_pubkey,
+                       revocation_basepoint: RevocationBasepoint::from(msg.common_fields.revocation_basepoint),
+                       payment_point: msg.common_fields.payment_basepoint,
+                       delayed_payment_basepoint: DelayedPaymentBasepoint::from(msg.common_fields.delayed_payment_basepoint),
+                       htlc_basepoint: HtlcBasepoint::from(msg.common_fields.htlc_basepoint)
+               };
 
-                               #[cfg(any(test, fuzzing))]
-                               historical_inbound_htlc_fulfills: HashSet::new(),
+               let chan = Self {
+                       context: ChannelContext::new_for_inbound_channel(
+                               fee_estimator,
+                               entropy_source,
+                               signer_provider,
+                               counterparty_node_id,
+                               their_features,
+                               user_id,
+                               config,
+                               current_chain_height,
+                               &&logger,
+                               is_0conf,
+                               0,
 
+                               counterparty_pubkeys,
                                channel_type,
-                               channel_keys_id,
-
-                               blocked_monitor_updates: Vec::new(),
-                       },
+                               holder_selected_channel_reserve_satoshis,
+                               msg.channel_reserve_satoshis,
+                               msg.push_msat,
+                               msg.common_fields.clone(),
+                       )?,
                        unfunded_context: UnfundedChannelContext { unfunded_channel_age_ticks: 0 }
                };
-
                Ok(chan)
        }
 
@@ -7250,7 +7861,7 @@ impl<SP: Deref> InboundV1Channel<SP> where SP::Target: SignerProvider {
                ) {
                        panic!("Tried to send accept_channel after channel had moved forward");
                }
-               if self.context.cur_holder_commitment_transaction_number != INITIAL_COMMITMENT_NUMBER {
+               if self.context.holder_commitment_point.transaction_number() != INITIAL_COMMITMENT_NUMBER {
                        panic!("Tried to send an accept_channel for a channel that has already advanced");
                }
 
@@ -7263,29 +7874,32 @@ impl<SP: Deref> InboundV1Channel<SP> where SP::Target: SignerProvider {
        ///
        /// [`msgs::AcceptChannel`]: crate::ln::msgs::AcceptChannel
        fn generate_accept_channel_message(&self) -> msgs::AcceptChannel {
-               let first_per_commitment_point = self.context.holder_signer.as_ref().get_per_commitment_point(self.context.cur_holder_commitment_transaction_number, &self.context.secp_ctx);
+               debug_assert!(self.context.holder_commitment_point.is_available());
+               let first_per_commitment_point = self.context.holder_commitment_point.current_point();
                let keys = self.context.get_holder_pubkeys();
 
                msgs::AcceptChannel {
-                       temporary_channel_id: self.context.channel_id,
-                       dust_limit_satoshis: self.context.holder_dust_limit_satoshis,
-                       max_htlc_value_in_flight_msat: self.context.holder_max_htlc_value_in_flight_msat,
+                       common_fields: msgs::CommonAcceptChannelFields {
+                               temporary_channel_id: self.context.channel_id,
+                               dust_limit_satoshis: self.context.holder_dust_limit_satoshis,
+                               max_htlc_value_in_flight_msat: self.context.holder_max_htlc_value_in_flight_msat,
+                               htlc_minimum_msat: self.context.holder_htlc_minimum_msat,
+                               minimum_depth: self.context.minimum_depth.unwrap(),
+                               to_self_delay: self.context.get_holder_selected_contest_delay(),
+                               max_accepted_htlcs: self.context.holder_max_accepted_htlcs,
+                               funding_pubkey: keys.funding_pubkey,
+                               revocation_basepoint: keys.revocation_basepoint.to_public_key(),
+                               payment_basepoint: keys.payment_point,
+                               delayed_payment_basepoint: keys.delayed_payment_basepoint.to_public_key(),
+                               htlc_basepoint: keys.htlc_basepoint.to_public_key(),
+                               first_per_commitment_point,
+                               shutdown_scriptpubkey: Some(match &self.context.shutdown_scriptpubkey {
+                                       Some(script) => script.clone().into_inner(),
+                                       None => Builder::new().into_script(),
+                               }),
+                               channel_type: Some(self.context.channel_type.clone()),
+                       },
                        channel_reserve_satoshis: self.context.holder_selected_channel_reserve_satoshis,
-                       htlc_minimum_msat: self.context.holder_htlc_minimum_msat,
-                       minimum_depth: self.context.minimum_depth.unwrap(),
-                       to_self_delay: self.context.get_holder_selected_contest_delay(),
-                       max_accepted_htlcs: self.context.holder_max_accepted_htlcs,
-                       funding_pubkey: keys.funding_pubkey,
-                       revocation_basepoint: keys.revocation_basepoint.to_public_key(),
-                       payment_point: keys.payment_point,
-                       delayed_payment_basepoint: keys.delayed_payment_basepoint.to_public_key(),
-                       htlc_basepoint: keys.htlc_basepoint.to_public_key(),
-                       first_per_commitment_point,
-                       shutdown_scriptpubkey: Some(match &self.context.shutdown_scriptpubkey {
-                               Some(script) => script.clone().into_inner(),
-                               None => Builder::new().into_script(),
-                       }),
-                       channel_type: Some(self.context.channel_type.clone()),
                        #[cfg(taproot)]
                        next_local_nonce: None,
                }
@@ -7303,8 +7917,8 @@ impl<SP: Deref> InboundV1Channel<SP> where SP::Target: SignerProvider {
        fn check_funding_created_signature<L: Deref>(&mut self, sig: &Signature, logger: &L) -> Result<CommitmentTransaction, 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);
-               let initial_commitment_tx = self.context.build_commitment_transaction(self.context.cur_holder_commitment_transaction_number, &keys, true, false, logger).tx;
+               let keys = self.context.build_holder_transaction_keys();
+               let initial_commitment_tx = self.context.build_commitment_transaction(self.context.holder_commitment_point.transaction_number(), &keys, true, false, logger).tx;
                let trusted_tx = initial_commitment_tx.trust();
                let initial_commitment_bitcoin_tx = trusted_tx.built_transaction();
                let sighash = initial_commitment_bitcoin_tx.get_sighash_all(&funding_script, self.context.channel_value_satoshis);
@@ -7325,7 +7939,7 @@ impl<SP: Deref> InboundV1Channel<SP> where SP::Target: SignerProvider {
                L::Target: Logger
        {
                if self.context.is_outbound() {
-                       return Err((self, ChannelError::Close("Received funding_created for an outbound channel?".to_owned())));
+                       return Err((self, ChannelError::close("Received funding_created for an outbound channel?".to_owned())));
                }
                if !matches!(
                        self.context.channel_state, ChannelState::NegotiatingFunding(flags)
@@ -7334,11 +7948,11 @@ impl<SP: Deref> InboundV1Channel<SP> where SP::Target: SignerProvider {
                        // BOLT 2 says that if we disconnect before we send funding_signed we SHOULD NOT
                        // remember the channel, so it's safe to just send an error_message here and drop the
                        // channel.
-                       return Err((self, ChannelError::Close("Received funding_created after we got the channel!".to_owned())));
+                       return Err((self, ChannelError::close("Received funding_created after we got the channel!".to_owned())));
                }
                if self.context.commitment_secrets.get_min_seen_secret() != (1 << 48) ||
                                self.context.cur_counterparty_commitment_transaction_number != INITIAL_COMMITMENT_NUMBER ||
-                               self.context.cur_holder_commitment_transaction_number != INITIAL_COMMITMENT_NUMBER {
+                               self.context.holder_commitment_point.transaction_number() != INITIAL_COMMITMENT_NUMBER {
                        panic!("Should not have advanced channel commitment tx numbers prior to funding_created");
                }
 
@@ -7370,20 +7984,20 @@ impl<SP: Deref> InboundV1Channel<SP> where SP::Target: SignerProvider {
                );
 
                if let Err(_) = self.context.holder_signer.as_ref().validate_holder_commitment(&holder_commitment_tx, Vec::new()) {
-                       return Err((self, ChannelError::Close("Failed to validate our commitment".to_owned())));
+                       return Err((self, ChannelError::close("Failed to validate our commitment".to_owned())));
                }
 
                // Now that we're past error-generating stuff, update our local state:
 
                self.context.channel_state = ChannelState::AwaitingChannelReady(AwaitingChannelReadyFlags::new());
-               self.context.channel_id = funding_txo.to_channel_id();
+               self.context.channel_id = ChannelId::v1_from_funding_outpoint(funding_txo);
                self.context.cur_counterparty_commitment_transaction_number -= 1;
-               self.context.cur_holder_commitment_transaction_number -= 1;
+               self.context.holder_commitment_point.advance(&self.context.holder_signer, &self.context.secp_ctx, logger);
 
                let (counterparty_initial_commitment_tx, funding_signed) = self.context.get_funding_signed_msg(logger);
 
                let funding_redeemscript = self.context.get_funding_redeemscript();
-               let funding_txo_script = funding_redeemscript.to_v0_p2wsh();
+               let funding_txo_script = funding_redeemscript.to_p2wsh();
                let obscure_factor = get_commitment_transaction_number_obscure_factor(&self.context.get_holder_pubkeys().payment_point, &self.context.get_counterparty_pubkeys().payment_point, self.context.is_outbound());
                let shutdown_script = self.context.shutdown_scriptpubkey.clone().map(|script| script.into_inner());
                let mut monitor_signer = signer_provider.derive_channel_signer(self.context.channel_value_satoshis, self.context.channel_keys_id);
@@ -7394,7 +8008,7 @@ impl<SP: Deref> InboundV1Channel<SP> where SP::Target: SignerProvider {
                                                          &self.context.channel_transaction_parameters,
                                                          funding_redeemscript.clone(), self.context.channel_value_satoshis,
                                                          obscure_factor,
-                                                         holder_commitment_tx, best_block, self.context.counterparty_node_id);
+                                                         holder_commitment_tx, best_block, self.context.counterparty_node_id, self.context.channel_id());
                channel_monitor.provide_initial_counterparty_commitment_tx(
                        counterparty_initial_commitment_tx.trust().txid(), Vec::new(),
                        self.context.cur_counterparty_commitment_transaction_number + 1,
@@ -7409,15 +8023,320 @@ impl<SP: Deref> InboundV1Channel<SP> where SP::Target: SignerProvider {
                // `ChannelMonitor`.
                let mut channel = Channel {
                        context: self.context,
+                       #[cfg(any(dual_funding, splicing))]
+                       dual_funding_channel_context: None,
                };
-               let need_channel_ready = channel.check_get_channel_ready(0).is_some();
+               let need_channel_ready = channel.check_get_channel_ready(0, logger).is_some();
                channel.monitor_updating_paused(false, false, need_channel_ready, Vec::new(), Vec::new(), Vec::new());
 
                Ok((channel, funding_signed, channel_monitor))
        }
 }
 
-const SERIALIZATION_VERSION: u8 = 3;
+// A not-yet-funded outbound (from holder) channel using V2 channel establishment.
+#[cfg(any(dual_funding, splicing))]
+pub(super) struct OutboundV2Channel<SP: Deref> where SP::Target: SignerProvider {
+       pub context: ChannelContext<SP>,
+       pub unfunded_context: UnfundedChannelContext,
+       #[cfg(any(dual_funding, splicing))]
+       pub dual_funding_context: DualFundingChannelContext,
+}
+
+#[cfg(any(dual_funding, splicing))]
+impl<SP: Deref> OutboundV2Channel<SP> where SP::Target: SignerProvider {
+       pub fn new<ES: Deref, F: Deref>(
+               fee_estimator: &LowerBoundedFeeEstimator<F>, entropy_source: &ES, signer_provider: &SP,
+               counterparty_node_id: PublicKey, their_features: &InitFeatures, funding_satoshis: u64,
+               user_id: u128, config: &UserConfig, current_chain_height: u32, outbound_scid_alias: u64,
+               funding_confirmation_target: ConfirmationTarget,
+       ) -> Result<OutboundV2Channel<SP>, APIError>
+       where ES::Target: EntropySource,
+             F::Target: FeeEstimator,
+       {
+               let channel_keys_id = signer_provider.generate_channel_keys_id(false, funding_satoshis, user_id);
+               let holder_signer = signer_provider.derive_channel_signer(funding_satoshis, channel_keys_id);
+               let pubkeys = holder_signer.pubkeys().clone();
+
+               let temporary_channel_id = Some(ChannelId::temporary_v2_from_revocation_basepoint(&pubkeys.revocation_basepoint));
+
+               let holder_selected_channel_reserve_satoshis = get_v2_channel_reserve_satoshis(
+                       funding_satoshis, MIN_CHAN_DUST_LIMIT_SATOSHIS);
+
+               let funding_feerate_sat_per_1000_weight = fee_estimator.bounded_sat_per_1000_weight(funding_confirmation_target);
+               let funding_tx_locktime = current_chain_height;
+
+               let chan = Self {
+                       context: ChannelContext::new_for_outbound_channel(
+                               fee_estimator,
+                               entropy_source,
+                               signer_provider,
+                               counterparty_node_id,
+                               their_features,
+                               funding_satoshis,
+                               0,
+                               user_id,
+                               config,
+                               current_chain_height,
+                               outbound_scid_alias,
+                               temporary_channel_id,
+                               holder_selected_channel_reserve_satoshis,
+                               channel_keys_id,
+                               holder_signer,
+                               pubkeys,
+                       )?,
+                       unfunded_context: UnfundedChannelContext { unfunded_channel_age_ticks: 0 },
+                       dual_funding_context: DualFundingChannelContext {
+                               our_funding_satoshis: funding_satoshis,
+                               their_funding_satoshis: 0,
+                               funding_tx_locktime,
+                               funding_feerate_sat_per_1000_weight,
+                       }
+               };
+               Ok(chan)
+       }
+
+       /// If we receive an error message, it may only be a rejection of the channel type we tried,
+       /// not of our ability to open any channel at all. Thus, on error, we should first call this
+       /// and see if we get a new `OpenChannelV2` message, otherwise the channel is failed.
+       pub(crate) fn maybe_handle_error_without_close<F: Deref>(
+               &mut self, chain_hash: ChainHash, fee_estimator: &LowerBoundedFeeEstimator<F>
+       ) -> Result<msgs::OpenChannelV2, ()>
+       where
+               F::Target: FeeEstimator
+       {
+               self.context.maybe_downgrade_channel_features(fee_estimator)?;
+               Ok(self.get_open_channel_v2(chain_hash))
+       }
+
+       pub fn get_open_channel_v2(&self, chain_hash: ChainHash) -> msgs::OpenChannelV2 {
+               if self.context.have_received_message() {
+                       debug_assert!(false, "Cannot generate an open_channel2 after we've moved forward");
+               }
+
+               if self.context.holder_commitment_point.transaction_number() != INITIAL_COMMITMENT_NUMBER {
+                       debug_assert!(false, "Tried to send an open_channel2 for a channel that has already advanced");
+               }
+
+               let first_per_commitment_point = self.context.holder_signer.as_ref()
+                       .get_per_commitment_point(self.context.holder_commitment_point.transaction_number(),
+                               &self.context.secp_ctx);
+               let second_per_commitment_point = self.context.holder_signer.as_ref()
+                       .get_per_commitment_point(self.context.holder_commitment_point.transaction_number() - 1,
+                               &self.context.secp_ctx);
+               let keys = self.context.get_holder_pubkeys();
+
+               msgs::OpenChannelV2 {
+                       common_fields: msgs::CommonOpenChannelFields {
+                               chain_hash,
+                               temporary_channel_id: self.context.temporary_channel_id.unwrap(),
+                               funding_satoshis: self.context.channel_value_satoshis,
+                               dust_limit_satoshis: self.context.holder_dust_limit_satoshis,
+                               max_htlc_value_in_flight_msat: self.context.holder_max_htlc_value_in_flight_msat,
+                               htlc_minimum_msat: self.context.holder_htlc_minimum_msat,
+                               commitment_feerate_sat_per_1000_weight: self.context.feerate_per_kw,
+                               to_self_delay: self.context.get_holder_selected_contest_delay(),
+                               max_accepted_htlcs: self.context.holder_max_accepted_htlcs,
+                               funding_pubkey: keys.funding_pubkey,
+                               revocation_basepoint: keys.revocation_basepoint.to_public_key(),
+                               payment_basepoint: keys.payment_point,
+                               delayed_payment_basepoint: keys.delayed_payment_basepoint.to_public_key(),
+                               htlc_basepoint: keys.htlc_basepoint.to_public_key(),
+                               first_per_commitment_point,
+                               channel_flags: if self.context.config.announced_channel {1} else {0},
+                               shutdown_scriptpubkey: Some(match &self.context.shutdown_scriptpubkey {
+                                       Some(script) => script.clone().into_inner(),
+                                       None => Builder::new().into_script(),
+                               }),
+                               channel_type: Some(self.context.channel_type.clone()),
+                       },
+                       funding_feerate_sat_per_1000_weight: self.context.feerate_per_kw,
+                       second_per_commitment_point,
+                       locktime: self.dual_funding_context.funding_tx_locktime,
+                       require_confirmed_inputs: None,
+               }
+       }
+}
+
+// A not-yet-funded inbound (from counterparty) channel using V2 channel establishment.
+#[cfg(any(dual_funding, splicing))]
+pub(super) struct InboundV2Channel<SP: Deref> where SP::Target: SignerProvider {
+       pub context: ChannelContext<SP>,
+       pub unfunded_context: UnfundedChannelContext,
+       pub dual_funding_context: DualFundingChannelContext,
+}
+
+#[cfg(any(dual_funding, splicing))]
+impl<SP: Deref> InboundV2Channel<SP> where SP::Target: SignerProvider {
+       /// Creates a new dual-funded channel from a remote side's request for one.
+       /// Assumes chain_hash has already been checked and corresponds with what we expect!
+       pub fn new<ES: Deref, F: Deref, L: Deref>(
+               fee_estimator: &LowerBoundedFeeEstimator<F>, entropy_source: &ES, signer_provider: &SP,
+               counterparty_node_id: PublicKey, our_supported_features: &ChannelTypeFeatures,
+               their_features: &InitFeatures, msg: &msgs::OpenChannelV2, funding_satoshis: u64, user_id: u128,
+               config: &UserConfig, current_chain_height: u32, logger: &L,
+       ) -> Result<InboundV2Channel<SP>, ChannelError>
+               where ES::Target: EntropySource,
+                         F::Target: FeeEstimator,
+                         L::Target: Logger,
+       {
+               let channel_value_satoshis = funding_satoshis.saturating_add(msg.common_fields.funding_satoshis);
+               let counterparty_selected_channel_reserve_satoshis = get_v2_channel_reserve_satoshis(
+                       channel_value_satoshis, msg.common_fields.dust_limit_satoshis);
+               let holder_selected_channel_reserve_satoshis = get_v2_channel_reserve_satoshis(
+                       channel_value_satoshis, MIN_CHAN_DUST_LIMIT_SATOSHIS);
+
+               // First check the channel type is known, failing before we do anything else if we don't
+               // support this channel type.
+               if msg.common_fields.channel_type.is_none() {
+                       return Err(ChannelError::close(format!("Rejecting V2 channel {} missing channel_type",
+                               msg.common_fields.temporary_channel_id)))
+               }
+               let channel_type = channel_type_from_open_channel(&msg.common_fields, their_features, our_supported_features)?;
+
+               let counterparty_pubkeys = ChannelPublicKeys {
+                       funding_pubkey: msg.common_fields.funding_pubkey,
+                       revocation_basepoint: RevocationBasepoint(msg.common_fields.revocation_basepoint),
+                       payment_point: msg.common_fields.payment_basepoint,
+                       delayed_payment_basepoint: DelayedPaymentBasepoint(msg.common_fields.delayed_payment_basepoint),
+                       htlc_basepoint: HtlcBasepoint(msg.common_fields.htlc_basepoint)
+               };
+
+               let mut context = ChannelContext::new_for_inbound_channel(
+                       fee_estimator,
+                       entropy_source,
+                       signer_provider,
+                       counterparty_node_id,
+                       their_features,
+                       user_id,
+                       config,
+                       current_chain_height,
+                       logger,
+                       false,
+
+                       funding_satoshis,
+
+                       counterparty_pubkeys,
+                       channel_type,
+                       holder_selected_channel_reserve_satoshis,
+                       counterparty_selected_channel_reserve_satoshis,
+                       0 /* push_msat not used in dual-funding */,
+                       msg.common_fields.clone(),
+               )?;
+               let channel_id = ChannelId::v2_from_revocation_basepoints(
+                       &context.get_holder_pubkeys().revocation_basepoint,
+                       &context.get_counterparty_pubkeys().revocation_basepoint);
+               context.channel_id = channel_id;
+
+               let chan = Self {
+                       context,
+                       unfunded_context: UnfundedChannelContext { unfunded_channel_age_ticks: 0 },
+                       dual_funding_context: DualFundingChannelContext {
+                               our_funding_satoshis: funding_satoshis,
+                               their_funding_satoshis: msg.common_fields.funding_satoshis,
+                               funding_tx_locktime: msg.locktime,
+                               funding_feerate_sat_per_1000_weight: msg.funding_feerate_sat_per_1000_weight,
+                       }
+               };
+
+               Ok(chan)
+       }
+
+       /// Marks an inbound channel as accepted and generates a [`msgs::AcceptChannelV2`] message which
+       /// should be sent back to the counterparty node.
+       ///
+       /// [`msgs::AcceptChannelV2`]: crate::ln::msgs::AcceptChannelV2
+       pub fn accept_inbound_dual_funded_channel(&mut self) -> msgs::AcceptChannelV2 {
+               if self.context.is_outbound() {
+                       debug_assert!(false, "Tried to send accept_channel for an outbound channel?");
+               }
+               if !matches!(
+                       self.context.channel_state, ChannelState::NegotiatingFunding(flags)
+                       if flags == (NegotiatingFundingFlags::OUR_INIT_SENT | NegotiatingFundingFlags::THEIR_INIT_SENT)
+               ) {
+                       debug_assert!(false, "Tried to send accept_channel2 after channel had moved forward");
+               }
+               if self.context.holder_commitment_point.transaction_number() != INITIAL_COMMITMENT_NUMBER {
+                       debug_assert!(false, "Tried to send an accept_channel2 for a channel that has already advanced");
+               }
+
+               self.generate_accept_channel_v2_message()
+       }
+
+       /// This function is used to explicitly generate a [`msgs::AcceptChannel`] message for an
+       /// inbound channel. If the intention is to accept an inbound channel, use
+       /// [`InboundV1Channel::accept_inbound_channel`] instead.
+       ///
+       /// [`msgs::AcceptChannelV2`]: crate::ln::msgs::AcceptChannelV2
+       fn generate_accept_channel_v2_message(&self) -> msgs::AcceptChannelV2 {
+               let first_per_commitment_point = self.context.holder_signer.as_ref().get_per_commitment_point(
+                       self.context.holder_commitment_point.transaction_number(), &self.context.secp_ctx);
+               let second_per_commitment_point = self.context.holder_signer.as_ref().get_per_commitment_point(
+                       self.context.holder_commitment_point.transaction_number() - 1, &self.context.secp_ctx);
+               let keys = self.context.get_holder_pubkeys();
+
+               msgs::AcceptChannelV2 {
+                       common_fields: msgs::CommonAcceptChannelFields {
+                               temporary_channel_id: self.context.temporary_channel_id.unwrap(),
+                               dust_limit_satoshis: self.context.holder_dust_limit_satoshis,
+                               max_htlc_value_in_flight_msat: self.context.holder_max_htlc_value_in_flight_msat,
+                               htlc_minimum_msat: self.context.holder_htlc_minimum_msat,
+                               minimum_depth: self.context.minimum_depth.unwrap(),
+                               to_self_delay: self.context.get_holder_selected_contest_delay(),
+                               max_accepted_htlcs: self.context.holder_max_accepted_htlcs,
+                               funding_pubkey: keys.funding_pubkey,
+                               revocation_basepoint: keys.revocation_basepoint.to_public_key(),
+                               payment_basepoint: keys.payment_point,
+                               delayed_payment_basepoint: keys.delayed_payment_basepoint.to_public_key(),
+                               htlc_basepoint: keys.htlc_basepoint.to_public_key(),
+                               first_per_commitment_point,
+                               shutdown_scriptpubkey: Some(match &self.context.shutdown_scriptpubkey {
+                                       Some(script) => script.clone().into_inner(),
+                                       None => Builder::new().into_script(),
+                               }),
+                               channel_type: Some(self.context.channel_type.clone()),
+                       },
+                       funding_satoshis: self.dual_funding_context.our_funding_satoshis,
+                       second_per_commitment_point,
+                       require_confirmed_inputs: None,
+               }
+       }
+
+       /// Enables the possibility for tests to extract a [`msgs::AcceptChannelV2`] message for an
+       /// inbound channel without accepting it.
+       ///
+       /// [`msgs::AcceptChannelV2`]: crate::ln::msgs::AcceptChannelV2
+       #[cfg(test)]
+       pub fn get_accept_channel_v2_message(&self) -> msgs::AcceptChannelV2 {
+               self.generate_accept_channel_v2_message()
+       }
+}
+
+// Unfunded channel utilities
+
+fn get_initial_channel_type(config: &UserConfig, their_features: &InitFeatures) -> ChannelTypeFeatures {
+       // The default channel type (ie the first one we try) depends on whether the channel is
+       // public - if it is, we just go with `only_static_remotekey` as it's the only option
+       // available. If it's private, we first try `scid_privacy` as it provides better privacy
+       // with no other changes, and fall back to `only_static_remotekey`.
+       let mut ret = ChannelTypeFeatures::only_static_remote_key();
+       if !config.channel_handshake_config.announced_channel &&
+               config.channel_handshake_config.negotiate_scid_privacy &&
+               their_features.supports_scid_privacy() {
+               ret.set_scid_privacy_required();
+       }
+
+       // Optionally, if the user would like to negotiate the `anchors_zero_fee_htlc_tx` option, we
+       // set it now. If they don't understand it, we'll fall back to our default of
+       // `only_static_remotekey`.
+       if config.channel_handshake_config.negotiate_anchors_zero_fee_htlc_tx &&
+               their_features.supports_anchors_zero_fee_htlc_tx() {
+               ret.set_anchors_zero_fee_htlc_tx_required();
+       }
+
+       ret
+}
+
+const SERIALIZATION_VERSION: u8 = 4;
 const MIN_SERIALIZATION_VERSION: u8 = 3;
 
 impl_writeable_tlv_based_enum!(InboundHTLCRemovalReason,;
@@ -7479,7 +8398,18 @@ impl<SP: Deref> Writeable for Channel<SP> where SP::Target: SignerProvider {
                // Note that we write out as if remove_uncommitted_htlcs_and_mark_paused had just been
                // called.
 
-               write_ver_prefix!(writer, MIN_SERIALIZATION_VERSION, MIN_SERIALIZATION_VERSION);
+               let version_to_write = if self.context.pending_inbound_htlcs.iter().any(|htlc| match htlc.state {
+                       InboundHTLCState::AwaitingRemoteRevokeToAnnounce(ref htlc_resolution)|
+                               InboundHTLCState::AwaitingAnnouncedRemoteRevoke(ref htlc_resolution) => {
+                               matches!(htlc_resolution, InboundHTLCResolution::Pending { .. })
+                       },
+                       _ => false,
+               }) {
+                       SERIALIZATION_VERSION
+               } else {
+                       MIN_SERIALIZATION_VERSION
+               };
+               write_ver_prefix!(writer, version_to_write, MIN_SERIALIZATION_VERSION);
 
                // `user_id` used to be a single u64 value. In order to remain backwards compatible with
                // versions prior to 0.0.113, the u128 is serialized as two separate u64 values. We write
@@ -7497,6 +8427,8 @@ impl<SP: Deref> Writeable for Channel<SP> where SP::Target: SignerProvider {
                        let mut channel_state = self.context.channel_state;
                        if matches!(channel_state, ChannelState::AwaitingChannelReady(_)|ChannelState::ChannelReady(_)) {
                                channel_state.set_peer_disconnected();
+                       } else {
+                               debug_assert!(false, "Pre-funded/shutdown channels should not be written");
                        }
                        channel_state.to_u32().write(writer)?;
                }
@@ -7512,7 +8444,7 @@ impl<SP: Deref> Writeable for Channel<SP> where SP::Target: SignerProvider {
                }
                self.context.destination_script.write(writer)?;
 
-               self.context.cur_holder_commitment_transaction_number.write(writer)?;
+               self.context.holder_commitment_point.transaction_number().write(writer)?;
                self.context.cur_counterparty_commitment_transaction_number.write(writer)?;
                self.context.value_to_self_msat.write(writer)?;
 
@@ -7533,13 +8465,29 @@ impl<SP: Deref> Writeable for Channel<SP> where SP::Target: SignerProvider {
                        htlc.payment_hash.write(writer)?;
                        match &htlc.state {
                                &InboundHTLCState::RemoteAnnounced(_) => unreachable!(),
-                               &InboundHTLCState::AwaitingRemoteRevokeToAnnounce(ref htlc_state) => {
+                               &InboundHTLCState::AwaitingRemoteRevokeToAnnounce(ref htlc_resolution) => {
                                        1u8.write(writer)?;
-                                       htlc_state.write(writer)?;
+                                       if version_to_write <= 3 {
+                                               if let InboundHTLCResolution::Resolved { pending_htlc_status } = htlc_resolution {
+                                                       pending_htlc_status.write(writer)?;
+                                               } else {
+                                                       panic!();
+                                               }
+                                       } else {
+                                               htlc_resolution.write(writer)?;
+                                       }
                                },
-                               &InboundHTLCState::AwaitingAnnouncedRemoteRevoke(ref htlc_state) => {
+                               &InboundHTLCState::AwaitingAnnouncedRemoteRevoke(ref htlc_resolution) => {
                                        2u8.write(writer)?;
-                                       htlc_state.write(writer)?;
+                                       if version_to_write <= 3 {
+                                               if let InboundHTLCResolution::Resolved { pending_htlc_status } = htlc_resolution {
+                                                       pending_htlc_status.write(writer)?;
+                                               } else {
+                                                       panic!();
+                                               }
+                                       } else {
+                                               htlc_resolution.write(writer)?;
+                                       }
                                },
                                &InboundHTLCState::Committed => {
                                        3u8.write(writer)?;
@@ -7765,6 +8713,15 @@ impl<SP: Deref> Writeable for Channel<SP> where SP::Target: SignerProvider {
 
                let holder_max_accepted_htlcs = if self.context.holder_max_accepted_htlcs == DEFAULT_MAX_HTLCS { None } else { Some(self.context.holder_max_accepted_htlcs) };
 
+               let mut monitor_pending_update_adds = None;
+               if !self.context.monitor_pending_update_adds.is_empty() {
+                       monitor_pending_update_adds = Some(&self.context.monitor_pending_update_adds);
+               }
+
+               // `current_point` will become optional when async signing is implemented.
+               let cur_holder_commitment_point = Some(self.context.holder_commitment_point.current_point());
+               let next_holder_commitment_point = self.context.holder_commitment_point.next_point();
+
                write_tlv_fields!(writer, {
                        (0, self.context.announcement_sigs, option),
                        // minimum_depth and counterparty_selected_channel_reserve_satoshis used to have a
@@ -7782,6 +8739,7 @@ impl<SP: Deref> Writeable for Channel<SP> where SP::Target: SignerProvider {
                        (7, self.context.shutdown_scriptpubkey, option),
                        (8, self.context.blocked_monitor_updates, optional_vec),
                        (9, self.context.target_closing_feerate_sats_per_kw, option),
+                       (10, monitor_pending_update_adds, option), // Added in 0.0.122
                        (11, self.context.monitor_pending_finalized_fulfills, required_vec),
                        (13, self.context.channel_creation_height, required),
                        (15, preimages, required_vec),
@@ -7800,6 +8758,9 @@ impl<SP: Deref> Writeable for Channel<SP> where SP::Target: SignerProvider {
                        (39, pending_outbound_blinding_points, optional_vec),
                        (41, holding_cell_blinding_points, optional_vec),
                        (43, malformed_htlcs, optional_vec), // Added in 0.0.119
+                       (45, cur_holder_commitment_point, option),
+                       (47, next_holder_commitment_point, option),
+                       (49, self.context.local_initiated_shutdown, option), // Added in 0.0.122
                });
 
                Ok(())
@@ -7875,8 +8836,22 @@ impl<'a, 'b, 'c, ES: Deref, SP: Deref> ReadableArgs<(&'a ES, &'b SP, u32, &'c Ch
                                cltv_expiry: Readable::read(reader)?,
                                payment_hash: Readable::read(reader)?,
                                state: match <u8 as Readable>::read(reader)? {
-                                       1 => InboundHTLCState::AwaitingRemoteRevokeToAnnounce(Readable::read(reader)?),
-                                       2 => InboundHTLCState::AwaitingAnnouncedRemoteRevoke(Readable::read(reader)?),
+                                       1 => {
+                                               let resolution = if ver <= 3 {
+                                                       InboundHTLCResolution::Resolved { pending_htlc_status: Readable::read(reader)? }
+                                               } else {
+                                                       Readable::read(reader)?
+                                               };
+                                               InboundHTLCState::AwaitingRemoteRevokeToAnnounce(resolution)
+                                       },
+                                       2 => {
+                                               let resolution = if ver <= 3 {
+                                                       InboundHTLCResolution::Resolved { pending_htlc_status: Readable::read(reader)? }
+                                               } else {
+                                                       Readable::read(reader)?
+                                               };
+                                               InboundHTLCState::AwaitingAnnouncedRemoteRevoke(resolution)
+                                       },
                                        3 => InboundHTLCState::Committed,
                                        4 => InboundHTLCState::LocalRemoved(Readable::read(reader)?),
                                        _ => return Err(DecodeError::InvalidValue),
@@ -8037,7 +9012,7 @@ impl<'a, 'b, 'c, ES: Deref, SP: Deref> ReadableArgs<(&'a ES, &'b SP, u32, &'c Ch
                let channel_update_status = Readable::read(reader)?;
 
                #[cfg(any(test, fuzzing))]
-               let mut historical_inbound_htlc_fulfills = HashSet::new();
+               let mut historical_inbound_htlc_fulfills = new_hash_set();
                #[cfg(any(test, fuzzing))]
                {
                        let htlc_fulfills_len: u64 = Readable::read(reader)?;
@@ -8087,10 +9062,16 @@ impl<'a, 'b, 'c, ES: Deref, SP: Deref> ReadableArgs<(&'a ES, &'b SP, u32, &'c Ch
 
                let mut is_batch_funding: Option<()> = None;
 
+               let mut local_initiated_shutdown: Option<()> = None;
+
                let mut pending_outbound_blinding_points_opt: Option<Vec<Option<PublicKey>>> = None;
                let mut holding_cell_blinding_points_opt: Option<Vec<Option<PublicKey>>> = None;
 
                let mut malformed_htlcs: Option<Vec<(u64, u16, [u8; 32])>> = None;
+               let mut monitor_pending_update_adds: Option<Vec<msgs::UpdateAddHTLC>> = None;
+
+               let mut cur_holder_commitment_point_opt: Option<PublicKey> = None;
+               let mut next_holder_commitment_point_opt: Option<PublicKey> = None;
 
                read_tlv_fields!(reader, {
                        (0, announcement_sigs, option),
@@ -8103,6 +9084,7 @@ impl<'a, 'b, 'c, ES: Deref, SP: Deref> ReadableArgs<(&'a ES, &'b SP, u32, &'c Ch
                        (7, shutdown_scriptpubkey, option),
                        (8, blocked_monitor_updates, optional_vec),
                        (9, target_closing_feerate_sats_per_kw, option),
+                       (10, monitor_pending_update_adds, option), // Added in 0.0.122
                        (11, monitor_pending_finalized_fulfills, optional_vec),
                        (13, channel_creation_height, option),
                        (15, preimages_opt, optional_vec),
@@ -8121,6 +9103,9 @@ impl<'a, 'b, 'c, ES: Deref, SP: Deref> ReadableArgs<(&'a ES, &'b SP, u32, &'c Ch
                        (39, pending_outbound_blinding_points_opt, optional_vec),
                        (41, holding_cell_blinding_points_opt, optional_vec),
                        (43, malformed_htlcs, optional_vec), // Added in 0.0.119
+                       (45, cur_holder_commitment_point_opt, option),
+                       (47, next_holder_commitment_point_opt, option),
+                       (49, local_initiated_shutdown, option),
                });
 
                let (channel_keys_id, holder_signer) = if let Some(channel_keys_id) = channel_keys_id {
@@ -8231,6 +9216,24 @@ impl<'a, 'b, 'c, ES: Deref, SP: Deref> ReadableArgs<(&'a ES, &'b SP, u32, &'c Ch
                        }
                }
 
+               // If we're restoring this channel for the first time after an upgrade, then we require that the
+               // signer be available so that we can immediately populate the current commitment point. Channel
+               // restoration will fail if this is not possible.
+               let holder_commitment_point = match (cur_holder_commitment_point_opt, next_holder_commitment_point_opt) {
+                       (Some(current), Some(next)) => HolderCommitmentPoint::Available {
+                               transaction_number: cur_holder_commitment_transaction_number, current, next
+                       },
+                       (Some(current), _) => HolderCommitmentPoint::Available {
+                               transaction_number: cur_holder_commitment_transaction_number, current,
+                               next: holder_signer.get_per_commitment_point(cur_holder_commitment_transaction_number - 1, &secp_ctx),
+                       },
+                       (_, _) => HolderCommitmentPoint::Available {
+                               transaction_number: cur_holder_commitment_transaction_number,
+                               current: holder_signer.get_per_commitment_point(cur_holder_commitment_transaction_number, &secp_ctx),
+                               next: holder_signer.get_per_commitment_point(cur_holder_commitment_transaction_number - 1, &secp_ctx),
+                       },
+               };
+
                Ok(Channel {
                        context: ChannelContext {
                                user_id,
@@ -8256,7 +9259,7 @@ impl<'a, 'b, 'c, ES: Deref, SP: Deref> ReadableArgs<(&'a ES, &'b SP, u32, &'c Ch
                                shutdown_scriptpubkey,
                                destination_script,
 
-                               cur_holder_commitment_transaction_number,
+                               holder_commitment_point,
                                cur_counterparty_commitment_transaction_number,
                                value_to_self_msat,
 
@@ -8273,6 +9276,7 @@ impl<'a, 'b, 'c, ES: Deref, SP: Deref> ReadableArgs<(&'a ES, &'b SP, u32, &'c Ch
                                monitor_pending_forwards,
                                monitor_pending_failures,
                                monitor_pending_finalized_fulfills: monitor_pending_finalized_fulfills.unwrap(),
+                               monitor_pending_update_adds: monitor_pending_update_adds.unwrap_or(Vec::new()),
 
                                signer_pending_commitment_update: false,
                                signer_pending_funding: false,
@@ -8351,8 +9355,12 @@ impl<'a, 'b, 'c, ES: Deref, SP: Deref> ReadableArgs<(&'a ES, &'b SP, u32, &'c Ch
                                channel_type: channel_type.unwrap(),
                                channel_keys_id,
 
+                               local_initiated_shutdown,
+
                                blocked_monitor_updates: blocked_monitor_updates.unwrap(),
-                       }
+                       },
+                       #[cfg(any(dual_funding, splicing))]
+                       dual_funding_channel_context: None,
                })
        }
 }
@@ -8360,13 +9368,14 @@ impl<'a, 'b, 'c, ES: Deref, SP: Deref> ReadableArgs<(&'a ES, &'b SP, u32, &'c Ch
 #[cfg(test)]
 mod tests {
        use std::cmp;
+       use bitcoin::amount::Amount;
        use bitcoin::blockdata::constants::ChainHash;
        use bitcoin::blockdata::script::{ScriptBuf, Builder};
-       use bitcoin::blockdata::transaction::{Transaction, TxOut};
+       use bitcoin::blockdata::transaction::{Transaction, TxOut, Version};
        use bitcoin::blockdata::opcodes;
-       use bitcoin::network::constants::Network;
+       use bitcoin::network::Network;
        use crate::ln::onion_utils::INVALID_ONION_BLINDING;
-       use crate::ln::{PaymentHash, PaymentPreimage};
+       use crate::ln::types::{PaymentHash, PaymentPreimage};
        use crate::ln::channel_keys::{RevocationKey, RevocationBasepoint};
        use crate::ln::channelmanager::{self, HTLCSource, PaymentId};
        use crate::ln::channel::InitFeatures;
@@ -8393,11 +9402,22 @@ mod tests {
        use bitcoin::hashes::sha256::Hash as Sha256;
        use bitcoin::hashes::Hash;
        use bitcoin::hashes::hex::FromHex;
-       use bitcoin::hash_types::WPubkeyHash;
        use bitcoin::blockdata::locktime::absolute::LockTime;
-       use bitcoin::address::{WitnessProgram, WitnessVersion};
+       use bitcoin::{WitnessProgram, WitnessVersion, WPubkeyHash};
        use crate::prelude::*;
 
+       #[test]
+       fn test_channel_state_order() {
+               use crate::ln::channel::NegotiatingFundingFlags;
+               use crate::ln::channel::AwaitingChannelReadyFlags;
+               use crate::ln::channel::ChannelReadyFlags;
+
+               assert!(ChannelState::NegotiatingFunding(NegotiatingFundingFlags::new()) < ChannelState::FundingNegotiated);
+               assert!(ChannelState::FundingNegotiated < ChannelState::AwaitingChannelReady(AwaitingChannelReadyFlags::new()));
+               assert!(ChannelState::AwaitingChannelReady(AwaitingChannelReadyFlags::new()) < ChannelState::ChannelReady(ChannelReadyFlags::new()));
+               assert!(ChannelState::ChannelReady(ChannelReadyFlags::new()) < ChannelState::ShutdownComplete);
+       }
+
        struct TestFeeEstimator {
                fee_est: u32
        }
@@ -8502,7 +9522,7 @@ mod tests {
                // same as the old fee.
                fee_est.fee_est = 500;
                let open_channel_msg = node_a_chan.get_open_channel(ChainHash::using_genesis_block(network));
-               assert_eq!(open_channel_msg.feerate_per_kw, original_fee);
+               assert_eq!(open_channel_msg.common_fields.commitment_feerate_sat_per_1000_weight, original_fee);
        }
 
        #[test]
@@ -8533,14 +9553,14 @@ mod tests {
 
                // Node B --> Node A: accept channel, explicitly setting B's dust limit.
                let mut accept_channel_msg = node_b_chan.accept_inbound_channel();
-               accept_channel_msg.dust_limit_satoshis = 546;
+               accept_channel_msg.common_fields.dust_limit_satoshis = 546;
                node_a_chan.accept_channel(&accept_channel_msg, &config.channel_handshake_limits, &channelmanager::provided_init_features(&config)).unwrap();
                node_a_chan.context.holder_dust_limit_satoshis = 1560;
 
                // Node A --> Node B: funding created
                let output_script = node_a_chan.context.get_funding_redeemscript();
-               let tx = Transaction { version: 1, lock_time: LockTime::ZERO, input: Vec::new(), output: vec![TxOut {
-                       value: 10000000, script_pubkey: output_script.clone(),
+               let tx = Transaction { version: Version::ONE, lock_time: LockTime::ZERO, input: Vec::new(), output: vec![TxOut {
+                       value: Amount::from_sat(10000000), script_pubkey: output_script.clone(),
                }]};
                let funding_outpoint = OutPoint{ txid: tx.txid(), index: 0 };
                let funding_created_msg = node_a_chan.get_funding_created(tx.clone(), funding_outpoint, false, &&logger).map_err(|_| ()).unwrap();
@@ -8668,8 +9688,8 @@ mod tests {
 
                // Node A --> Node B: funding created
                let output_script = node_a_chan.context.get_funding_redeemscript();
-               let tx = Transaction { version: 1, lock_time: LockTime::ZERO, input: Vec::new(), output: vec![TxOut {
-                       value: 10000000, script_pubkey: output_script.clone(),
+               let tx = Transaction { version: Version::ONE, lock_time: LockTime::ZERO, input: Vec::new(), output: vec![TxOut {
+                       value: Amount::from_sat(10000000), script_pubkey: output_script.clone(),
                }]};
                let funding_outpoint = OutPoint{ txid: tx.txid(), index: 0 };
                let funding_created_msg = node_a_chan.get_funding_created(tx.clone(), funding_outpoint, false, &&logger).map_err(|_| ()).unwrap();
@@ -8851,14 +9871,14 @@ mod tests {
 
                // Node B --> Node A: accept channel, explicitly setting B's dust limit.
                let mut accept_channel_msg = node_b_chan.accept_inbound_channel();
-               accept_channel_msg.dust_limit_satoshis = 546;
+               accept_channel_msg.common_fields.dust_limit_satoshis = 546;
                node_a_chan.accept_channel(&accept_channel_msg, &config.channel_handshake_limits, &channelmanager::provided_init_features(&config)).unwrap();
                node_a_chan.context.holder_dust_limit_satoshis = 1560;
 
                // Node A --> Node B: funding created
                let output_script = node_a_chan.context.get_funding_redeemscript();
-               let tx = Transaction { version: 1, lock_time: LockTime::ZERO, input: Vec::new(), output: vec![TxOut {
-                       value: 10000000, script_pubkey: output_script.clone(),
+               let tx = Transaction { version: Version::ONE, lock_time: LockTime::ZERO, input: Vec::new(), output: vec![TxOut {
+                       value: Amount::from_sat(10000000), script_pubkey: output_script.clone(),
                }]};
                let funding_outpoint = OutPoint{ txid: tx.txid(), index: 0 };
                let funding_created_msg = node_a_chan.get_funding_created(tx.clone(), funding_outpoint, false, &&logger).map_err(|_| ()).unwrap();
@@ -8905,17 +9925,34 @@ mod tests {
        fn blinding_point_skimmed_fee_malformed_ser() {
                // Ensure that channel blinding points, skimmed fees, and malformed HTLCs are (de)serialized
                // properly.
+               let logger = test_utils::TestLogger::new();
                let feeest = LowerBoundedFeeEstimator::new(&TestFeeEstimator{fee_est: 15000});
                let secp_ctx = Secp256k1::new();
                let seed = [42; 32];
                let network = Network::Testnet;
+               let best_block = BestBlock::from_network(network);
                let keys_provider = test_utils::TestKeysInterface::new(&seed, network);
 
                let node_b_node_id = PublicKey::from_secret_key(&secp_ctx, &SecretKey::from_slice(&[42; 32]).unwrap());
                let config = UserConfig::default();
                let features = channelmanager::provided_init_features(&config);
-               let outbound_chan = OutboundV1Channel::<&TestKeysInterface>::new(&feeest, &&keys_provider, &&keys_provider, node_b_node_id, &features, 10000000, 100000, 42, &config, 0, 42, None).unwrap();
-               let mut chan = Channel { context: outbound_chan.context };
+               let mut outbound_chan = OutboundV1Channel::<&TestKeysInterface>::new(
+                       &feeest, &&keys_provider, &&keys_provider, node_b_node_id, &features, 10000000, 100000, 42, &config, 0, 42, None
+               ).unwrap();
+               let inbound_chan = InboundV1Channel::<&TestKeysInterface>::new(
+                       &feeest, &&keys_provider, &&keys_provider, node_b_node_id, &channelmanager::provided_channel_type_features(&config),
+                       &features, &outbound_chan.get_open_channel(ChainHash::using_genesis_block(network)), 7, &config, 0, &&logger, false
+               ).unwrap();
+               outbound_chan.accept_channel(&inbound_chan.get_accept_channel_message(), &config.channel_handshake_limits, &features).unwrap();
+               let tx = Transaction { version: Version::ONE, lock_time: LockTime::ZERO, input: Vec::new(), output: vec![TxOut {
+                       value: Amount::from_sat(10000000), script_pubkey: outbound_chan.context.get_funding_redeemscript(),
+               }]};
+               let funding_outpoint = OutPoint{ txid: tx.txid(), index: 0 };
+               let funding_created = outbound_chan.get_funding_created(tx.clone(), funding_outpoint, false, &&logger).map_err(|_| ()).unwrap().unwrap();
+               let mut chan = match inbound_chan.funding_created(&funding_created, best_block, &&keys_provider, &&logger) {
+                       Ok((chan, _, _)) => chan,
+                       Err((_, e)) => panic!("{}", e),
+               };
 
                let dummy_htlc_source = HTLCSource::OutboundRoute {
                        path: Path {
@@ -9165,7 +10202,7 @@ mod tests {
                                                &htlc, $opt_anchors, &keys.broadcaster_delayed_payment_key, &keys.revocation_key);
                                        let htlc_redeemscript = chan_utils::get_htlc_redeemscript(&htlc, $opt_anchors, &keys);
                                        let htlc_sighashtype = if $opt_anchors.supports_anchors_zero_fee_htlc_tx() { EcdsaSighashType::SinglePlusAnyoneCanPay } else { EcdsaSighashType::All };
-                                       let htlc_sighash = Message::from_slice(&sighash::SighashCache::new(&htlc_tx).segwit_signature_hash(0, &htlc_redeemscript, htlc.amount_msat / 1000, htlc_sighashtype).unwrap()[..]).unwrap();
+                                       let htlc_sighash = Message::from_digest(sighash::SighashCache::new(&htlc_tx).p2wsh_signature_hash(0, &htlc_redeemscript, htlc.to_bitcoin_amount(), htlc_sighashtype).unwrap().as_raw_hash().to_byte_array());
                                        assert!(secp_ctx.verify_ecdsa(&htlc_sighash, &remote_signature, &keys.countersignatory_htlc_key.to_public_key()).is_ok(), "verify counterparty htlc sig");
 
                                        let mut preimage: Option<PaymentPreimage> = None;
@@ -9807,7 +10844,7 @@ mod tests {
                channel_type_features.set_zero_conf_required();
 
                let mut open_channel_msg = node_a_chan.get_open_channel(ChainHash::using_genesis_block(network));
-               open_channel_msg.channel_type = Some(channel_type_features);
+               open_channel_msg.common_fields.channel_type = Some(channel_type_features);
                let node_b_node_id = PublicKey::from_secret_key(&secp_ctx, &SecretKey::from_slice(&[7; 32]).unwrap());
                let res = InboundV1Channel::<&TestKeysInterface>::new(&feeest, &&keys_provider, &&keys_provider,
                        node_b_node_id, &channelmanager::provided_channel_type_features(&config),
@@ -9890,7 +10927,7 @@ mod tests {
 
                // Set `channel_type` to `None` to force the implicit feature negotiation.
                let mut open_channel_msg = channel_a.get_open_channel(ChainHash::using_genesis_block(network));
-               open_channel_msg.channel_type = None;
+               open_channel_msg.common_fields.channel_type = None;
 
                // Since A supports both `static_remote_key` and `option_anchors`, but B only accepts
                // `static_remote_key`, it will fail the channel.
@@ -9936,7 +10973,7 @@ mod tests {
                ).unwrap();
 
                let mut open_channel_msg = channel_a.get_open_channel(ChainHash::using_genesis_block(network));
-               open_channel_msg.channel_type = Some(simple_anchors_channel_type.clone());
+               open_channel_msg.common_fields.channel_type = Some(simple_anchors_channel_type.clone());
 
                let res = InboundV1Channel::<&TestKeysInterface>::new(
                        &fee_estimator, &&keys_provider, &&keys_provider, node_id_a,
@@ -9963,7 +11000,7 @@ mod tests {
                ).unwrap();
 
                let mut accept_channel_msg = channel_b.get_accept_channel_message();
-               accept_channel_msg.channel_type = Some(simple_anchors_channel_type.clone());
+               accept_channel_msg.common_fields.channel_type = Some(simple_anchors_channel_type.clone());
 
                let res = channel_a.accept_channel(
                        &accept_channel_msg, &config.channel_handshake_limits, &simple_anchors_init
@@ -10031,15 +11068,15 @@ mod tests {
                // Fund the channel with a batch funding transaction.
                let output_script = node_a_chan.context.get_funding_redeemscript();
                let tx = Transaction {
-                       version: 1,
+                       version: Version::ONE,
                        lock_time: LockTime::ZERO,
                        input: Vec::new(),
                        output: vec![
                                TxOut {
-                                       value: 10000000, script_pubkey: output_script.clone(),
+                                       value: Amount::from_sat(10000000), script_pubkey: output_script.clone(),
                                },
                                TxOut {
-                                       value: 10000000, script_pubkey: Builder::new().into_script(),
+                                       value: Amount::from_sat(10000000), script_pubkey: Builder::new().into_script(),
                                },
                        ]};
                let funding_outpoint = OutPoint{ txid: tx.txid(), index: 0 };
@@ -10096,6 +11133,6 @@ mod tests {
                // Clear the ChannelState::WaitingForBatch only when called by ChannelManager.
                node_a_chan.set_batch_ready();
                assert_eq!(node_a_chan.context.channel_state, ChannelState::AwaitingChannelReady(AwaitingChannelReadyFlags::THEIR_CHANNEL_READY));
-               assert!(node_a_chan.check_get_channel_ready(0).is_some());
+               assert!(node_a_chan.check_get_channel_ready(0, &&logger).is_some());
        }
 }