Post
Topic
Board Development & Technical Discussion
Merits 18 from 7 users
Re: The Lightning Network FAQ
by
Rath_
on 07/07/2021, 12:09:54 UTC
⭐ Merited by LoyceV (8) ,o_e_l_e_o (4) ,JayJuanGee (2) ,ndalliard (1) ,Carlton Banks (1) ,ETFbitcoin (1) ,hosseinimr93 (1)
I am pleased to announce that I and ndalliard are (probably) the first bitcointalk members to open a dual-funded channel Cool

We both compiled the latest master branch of c-lightning and added "experimental-dual-fund" to our config files. ndalliard was the founder, so I had to configure the funder policy plugin which is not documented well, yet. My funder policy currently looks as follows.

Code:
lightning-cli funderupdate
{
   "summary": "fixed (750000sat)",
   "policy": "fixed",
   "policy_mod": 750000,
   "min_their_funding": "500000000msat",
   "max_their_funding": "4294967295000msat",
   "per_channel_min": "500000000msat",
   "per_channel_max": "4294967295000msat",
   "reserve_tank": "0msat",
   "fuzz_percent": 0,
   "fund_probability": 100
}

In short, my node contributes 750k satoshis to every incoming channel (as long as I have enough funds in the wallet and the founder supports dual-funding) if that channel is bigger than 500k satoshis. I will keep my contribution at zero for most of the time. If someone running c-lightning wants to open a channel with me, let me know in advance so that I can change it back and help you with setting-up dual-funding. It might become easier in the upcoming v0.10.1 update.