@ -322,7 +322,7 @@ Alice selects "ACINQ Node" and is ready to open her first channel on the Lightni
==== Opening a Lightning Channel
When Alice selects a node to open a new channel, she is asked to select how much bitcoin she wants to allocate to this channel. In subsequent chapters, we will discuss the implications of these choices, but for now, Alice will allocate almost all her funds to the channel. Since she will have to pay transaction fees to open the channel, she will select an amount a few dollars (or a few thousandths of a bitcoin) less than her total balance.
When Alice selects a node to open a new channel, she is asked to select how much bitcoin she wants to allocate to this channel. In subsequent chapters, we will discuss the implications of these choices, but for now, Alice will allocate almost all her funds to the channel. Since she will have to pay transaction fees to open the channel, she will select an amount slightly less than her total balance footnote:[The Eclair wallet doesn't offer an option to automatically calculate the necessary fees and allocate the maximum amount of funds to a channel, so Alice has to calculate this herself.]
Alice allocates 0.018BTC of her 0.020 total to her channel and accepts the default fee rate, as shown in <<eclair-open-channel>>.
Andreas M. Antonopoulos
4 years ago