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18_3_Setting_Up_a_Channel.md
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# 18.3: Creating a Lightning Channel # 18.3: Creating a Lightning Channel
> :information_source: **NOTE:** This is a draft in progress, so that I can get some feedback from early reviewers. It is not yet ready for learning. > :information_source: **NOTE:** This section has been recently added to the course and is an early draft that may still be awaiting review. Caveat reader.
You now understand the basics of your Lightning setup, and hopefully have either created or been given info on a second Lightning node. You're ready to create your first Lightning Network channel. Of course, you'll need to understand what is, and how it's created using c-lightning. You now understand the basics of your Lightning setup, and hopefully have either created or been given info on a second Lightning node. You're ready to create your first Lightning Network channel. Of course, you'll need to understand what is, and how it's created using c-lightning.
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In this section, we will continue using our c-lightning setup as our primary node. In this section, we will continue using our c-lightning setup as our primary node.
## Creating a Channel ## Create a Channel
Creating a Lightning channel requires the following steps: Creating a Lightning channel requires the following steps:
@ -18,7 +18,7 @@ Creating a Lightning channel requires the following steps:
* Connect to a remote node as a peer. * Connect to a remote node as a peer.
* Open a channel. * Open a channel.
### Funding Your c-lightning Wallet ### Fund Your c-lightning Wallet
In order to move funds to a Lightning channel first requires funding your c-lightning wallet. In order to move funds to a Lightning channel first requires funding your c-lightning wallet.
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Now that you have funded your c-lightning wallet you will need information about a remote node to start creating channel process. Now that you have funded your c-lightning wallet you will need information about a remote node to start creating channel process.
### Connecting to a Remote Node ### Connect to a Remote Node
The next thing you need to do is connect your node to a peer. This is done with the `lightning-cli connect` command. Remember that if you want more information on this command, you should type `lightning-cli help connect`. The next thing you need to do is connect your node to a peer. This is done with the `lightning-cli connect` command. Remember that if you want more information on this command, you should type `lightning-cli help connect`.
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} }
``` ```
### Opening a Channel ### Open a Channel
The fundchannel RPC command opens a payment channel with a peer by committing a funding transaction to the blockchain. You should use `lightning-cli fundchannel` command to do so, with the following parameters: The fundchannel RPC command opens a payment channel with a peer by committing a funding transaction to the blockchain. You should use `lightning-cli fundchannel` command to do so, with the following parameters: