Could someone explain in very simple and easy way how does the liquidity works in a lightning channel.
Gracias
530 sats \ 2 replies \ @endothermicdev 21 Jun 2023
It's like an abacus, the old calculator which uses beads on a wire - the beads can slide along the wire to either side, but they stay on the wire. They can slide in either direction until they're all on one side. Once the beads are all on one side it means the channel can only send (no inbound liquidity beads left to slide) or only receive (no outbound liquidity beads left to slide.)
Even though some of a nodes channels have all the liquidity on one side, it can still function, but now it's like navigating down one-way streets where the options are more limited and it might take more turns to reach the destination.
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0 sats \ 0 replies \ @plebpoet 23 Jun 2023
hold on, that's kind of amazing I really like it
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0 sats \ 0 replies \ @Bitcoiner1 OP 21 Jun 2023
Thanks!
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19 sats \ 4 replies \ @hilokj 21 Jun 2023
deleted by author
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50 sats \ 3 replies \ @DarthCoin 21 Jun 2023
Go back to your crappy TAs, you have no idea what you are talking about.
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0 sats \ 2 replies \ @hilokj 21 Jun 2023
deleted by author
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0 sats \ 1 reply \ @DarthCoin 21 Jun 2023
Of course your brain could not understand that because is smoother than a 5 years old kid.
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0 sats \ 0 replies \ @hilokj 21 Jun 2023
deleted by author
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10 sats \ 0 replies \ @DarthCoin 21 Jun 2023
Here:
- https://darthcoin.substack.com/p/the-lightning-network-and-the-airport
- https://darthcoin.substack.com/p/managing-lightning-node-liquidity
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0 sats \ 2 replies \ @Bitcoiner1 OP 22 Jun 2023
Great, now I feel a little bit older and wiser!
I still have some doubts.
1.When opening a new channel, both nodes has to provide the same amount of SATS?
- For example, if I'm using Phoenix Wallet and I want to create a new channel I just send X sats to my wallet from Coinos per example. Once this channel is open, the 3000 sats fees has been paid. Can I withdraw some of the sats deposited to Coinos again? Or this "payment" has to be done to another node? 🤔
Thanks everyone for the help
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0 sats \ 1 reply \ @kenn_b 24 Jun 2023
- no, normally only one node puts up sats, so they are initially only on one side. Unless you open via a special procedure called dual funded channels where both nodes put up sats.
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0 sats \ 0 replies \ @Bitcoiner1 OP 24 Jun 2023
Thanks for the explanation!
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