34 sats \ 3 replies \ @ek 23 Aug \ parent \ on: My first experience with 'Attach Wallet' at SN — Blink and LN Address issues meta
I used the channel open tx of this channel between SN and not @benthecarman to get an estimate for the tx size. So if we use the same virtual size (211.5 vB) but assume 10 sat/vB instead of 34 sat/vB, you would be looking at 2115 sats to open a channel.
Thanks!
By looking at your answer, I think I need to learn a lot. I even don't know what's vB. I'll learn it though in a few days' time.
This 2115 Sats is a one time fee to open a channel or it's recurring?
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By looking at your answer, I think I need to learn a lot. I even don't know what's vB. I'll learn it though in a few days' time.
No worries, I unfortunately had to mention them since fees depend on them. It's only really relevant for fees though.
If you want to learn more, you will need to learn about Segregated Witness since SegWit introduced them. It's pretty technical though, so don't worry if you don't understand most initially.
If you have questions, you can always ask them in ~bitcoin_beginners.
This 2115 Sats is a one time fee to open a channel or it's recurring?
one time fee to miners to mine the channel open tx (so just like any other onchain tx)
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Thank you so much! I'll try my best yo learn it in very less time. If running a node is the best solution, I'll attempt for it.
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