I made this because I couldn't find anything like it already in existence. If a thread like this already exists and I just missed it feel free to close this down mods but point me in the right direction too please. I found this https://bitcointalk.org/index.php?topic=2834043 but it's more of someone asking a (very vague) question about it not a general discussion thread. Anyway, I'll kick it off with a question.

There seems to be a chicken and egg problem with lightning. When I make a new channel it says I can only receive the amount on a channel that I have spent down. So how did the first address get spent down enough to receive the first lightning tokens?

Also writing that previous sentence made me wonder, for that matter, what is the correct terminology for these things? If we are just going to call them bitcoins like there is no distinction between the bitcoins on the main net and these frequently renegotiated contractual obligations on the lightning network? Is that reasonable? If not are they lightning tokens? They aren't really tokens the way ERC20 tokens are tokens, are they?