#asknostr
So, a lightning channel is simply a UTXO in a 2:2 multisig. When I transfer bitcoin to myself on-chain, this channel opens between me and nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 or Phoenix
What exactly is liquidity then? How exactly does it work? Is it the data cap on my UTXOs?
Pls explain
U could use also an another apology from 2 glasses with water:
When u swap several times ( and also vice) versa certain amount of liquid from one to the other without loss any liquid. This is ur channel.
If u close the channel, then u swap ur glass of water in an bottle.
And u loose some liquid in this process ( that's the on chain transaction for ur sats to an Bitcoin Adress (the bottle).
And forced close is like the same as above but u get ur bottle of water later for several reasons, like one glass was destroyed. that's for ex. channel partner isn't reachable or an bug on their lightning node etc.
