0 sats \ 1 reply \ @rebel_nomad OP 18 Oct \ parent \ on: What am I missing here for Phonenixd... Should be basic stuff! lightning
There is no way I'll pay 1M sats into anything, unless I know that it works...
The same will be the case for most when adoption really gets going, I think!
Also since I need to know all the gotchas here complications are fine, paying extra fees too, I might do things like setting up webshops for customers, and then 30k "deposit" is no problem, but 1M will be harder to explain...
Of course it would be easier to risk 1M when I'm used to all of this, and in that case I'd do what you suggest, move some of it to other lightning wallets :-)
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0 sats \ 0 replies \ @DarthCoin 18 Oct
There is no way I'll pay 1M sats into anything, unless I know that it works...
You do not pay anything when you open a LN channel. You are signing a multisig contract. You can close it later if you do not want it and get your sats in onchain.
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