Search content
Sort by

Showing 5 of 5 results by blueflue
Post
Topic
Board Electrum
Re: Electrum Lightning Network walkthrough
by
blueflue
on 11/04/2021, 22:13:42 UTC
well thank you for helping me out getting some clarity about the issue.
do you mind sharing the link to the other person with this issue?

the only reason i came to lightning is to save on fees and now i will have to pay a much higher amount than on any on-chain transaction Cheesy
first and last time i'm using lightning.
Post
Topic
Board Electrum
Re: Electrum Lightning Network walkthrough
by
blueflue
on 11/04/2021, 21:32:12 UTC
This value tells how much money you are going to pay for the closing transaction fee if either you or the other party broadcasts the current commitment transaction (a transaction which records balances in the channel).

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.
Post
Topic
Board Electrum
Re: Electrum Lightning Network walkthrough
by
blueflue
on 11/04/2021, 18:25:31 UTC
I have sent you a message with the Node ID.
If i close the channel, will i get the total capacity minus transaction fees back to my wallet?
Post
Topic
Board Electrum
Re: Electrum Lightning Network walkthrough
by
blueflue
on 11/04/2021, 17:43:26 UTC
Does anyone know why the amount of "Can send" is only 58% of the Capacity of the channel?
Whats up with the other 42%? Can i not use them at all?

That sounds weird. Can you share more details? What node did you connect to? How big is your channel? You can also share a screenshot of your channel details with blurred funding outpoint and channel id if you want to.
its pretty much the same as your image from first post, except for the significantly lower "can send". Capacity is the minium amount with 0.002 btc. Remote Node ID from suggested peer.
I would like to not share an image due to privacy reasons.
Since i'm new to Lightning, does this mean the 42% is not usable in this state or does it change once i make a transaction?
Post
Topic
Board Electrum
Re: Electrum Lightning Network walkthrough
by
blueflue
on 11/04/2021, 16:41:10 UTC
i just opened my fist lightning channel using this guide.
Does anyone know why the amount of "Can send" is only 58% of the Capacity of the channel?
Whats up with the other 42%? Can i not use them at all?