So I am trying to set up Alby and am at the point where I need to open my first channel so that I can use funds. So the 20,266 sats it's asking for is the first fee, and then i'll need to send additional bitcoin to actually use zaps or whatever?
I've sent $USD 35 worth of btc to alby but they say they recommend at least 250k sats to open a channel. so I can't participate in zaps without a buy-in of 180 bucks? I've gotta be missing something
Exactly. First you buy inbound liquidity and thereby open your first channel, then you can transfer bitcoin to your Hub via Lightning.
An inbound channel over 250k sats currently is ~10k sats. Not sure how you conclude 180 bucks buy-in?
I think he believes that he has to purchase 250k sats, which would be about $165. It sounds like a misunderstanding of how it works.
the fee you probably have there is for your first channel - that is the connection to the lightning network.
you get one with a certain capacity through which you then can receive payments.
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