Post
Topic
Board Electrum
Re: Electrum Lightning Network walkthrough
by
Rath_
on 11/04/2021, 22:06:52 UTC
Does this mean if i close the channel i will have to pay a ridiculous fee for the transaction? that would be about 42€ as of now.

That's very likely. As far as I remember, even if you select "Close channel" instead of "Force-close channel", you won't be able to specify your own transaction fee. I believe that a cooperative close (the first option) should use a much lower fee, but I am not that familiar with Electrum implementation of the Lightning Network so don't take my words for granted

I have just found a similar case to yours on the Internet. It seems you are not the only person who had a problem with this node.