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0 sats \ 2 replies \ @Bitcoiner1 OP 22 Jun 2023 \ on: Could you please explain me like I'm 5 Lightning liquidity? bitcoin
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
- 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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Thanks for the explanation!
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