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	Update 13_3_Setting_Up_a_Channel.md
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| You're now ready to your first lightning network channel. To begin with, you'll need to understand what is and how it's created an c-lightning channel. | ||||
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| ## What is a channel | ||||
| > :book: ***What is a channel | ||||
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| In simple terms a lightning channel is a money tube that allows fast, cheap and private transfers of money without sending transactions to the blockchain.  | ||||
| More technically a channel is a 2-of-2 multisignature bitcoin onchain transaction that establishes a financial relationship between two agents without trust. | ||||
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