From 1c4d39bec33c3d3e90bf1cf18433f73c53752bd9 Mon Sep 17 00:00:00 2001 From: Javier Vargas Date: Mon, 14 Sep 2020 11:59:34 +0200 Subject: [PATCH] Update 18_3_Setting_Up_a_Channel.md --- 18_3_Setting_Up_a_Channel.md | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/18_3_Setting_Up_a_Channel.md b/18_3_Setting_Up_a_Channel.md index 0565937..ec272c8 100644 --- a/18_3_Setting_Up_a_Channel.md +++ b/18_3_Setting_Up_a_Channel.md @@ -164,7 +164,7 @@ The fundchannel RPC command opens a payment channel with a peer by committing a * **announce** is an optional flag that triggers whether to announce this channel or not. Defaults to true. If you want to create an unannounced private channel put to false. -* **minconf** specifies the minimum number of confirmations that used outputs should have. Default is 1. +* **minconf** specifies the minimum number of confirmations that used outputs on the channel opening processe should have. Default is 1. * **utxos** specifies the utxos to be used to fund the channel, as an array of “txid:vout”. @@ -211,7 +211,7 @@ c$ lightning-cli --network=testnet listfunds ] } ``` -While the channel with 280.000 satoshis (Channel capacity) is confirmed its state will be CHANNELD_AWAITING_LOCKIN and we got an change output with 19238 sats. +While the channel with 280.000 satoshis (Channel capacity) is confirmed its state will be CHANNELD_AWAITING_LOCKIN and we got an change output with 19238 sats. After all 6 confirmations are completed, channel will change to CHANNED_NORMAL state, that it will be it's permanent state. As we're using testnet network these values are used as an example to show the different states that a channel can have. In a channel with real funds, the actual mining circumstances of the mainnet network must be taken into account. The funding_txid onchain is [9843c037f54a4660b297a9f2454e11d26d8659f084a284a5740bb15cb1d97aa6](https://blockstream.info/testnet/tx/9843c037f54a4660b297a9f2454e11d26d8659f084a284a5740bb15cb1d97aa6)