If I have two channels in Phoenix wallet, with 500K sats of liquidity in each, is the largest Lightning payment I can receive [just under] 1M sats? Or is it more like 500K?
Discussion
Look forward to hearing the answer
I think it handles large payments by automatically opening new channels. Not sure though
In the past, that failed and I had to use an on-chain transaction to get set up.
But today it worked!
Thing is, I’m still not sure if the “largest” payment I can accept, before a new channel gets opened, is (in this example) 500K or 1M sats..?
I’m assuming that you can’t “split” an incoming payment between two channels to increase capacity, and that 500K is the per-transaction limit with existing channels. But honestly not sure…