Sending Breez wallet >0.04 BTC; what happens if done so?

ABCbits

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Quote from: btc123thatthere on April 23, 2022, 06:49:12 AM

Just wondering what happens if you send your Breez wallet more than 0.04 BTC, as it says to send "up to" that amount.

After re-reading wiki which updated on late 2020[1], looks like it'll trigger refund if the channel utilize Submarine Swaps. Nevertheless, i agree with @LoyceV that you shouldn't try to find out.

Quote from: LoyceV on April 23, 2022, 07:06:58 AM

Quote from: ?? on ??

Breez is non-custodial LN wallet

I haven't used Breez, but I've used Phoenix Wallet. In Phoenix, opening the channel is custodial, but after that the channel itself is non-custodial. If you're funding Breez by sending Bitcoin to an on-chain address, I assume the same applies.

Re-reading at the wiki[2-4], looks like it's true.

[1] https://github.com/breez/breezmobile/wiki/Adding-Funds-via-Submarine-Swaps#limitations
[2] https://github.com/breez/breezmobile/wiki/Introducing-Breez#no-channel-management-zero-conf-channels-are-created-on-the-fly
[3] https://github.com/breez/breezmobile/wiki/Opening-Channels
[4] https://github.com/breez/breezmobile/wiki/What-are-the-Breez-Fees%3F

Rath_

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By default, Lightning payments are capped at around 0.043 BTC. That is probably what they are calling "channel capacity limit". On a side note, this limitation does not apply to wumbo channels.

LoyceV

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Quote from: btc123thatthere on April 23, 2022, 07:03:10 AM

Sorry, I should have said: sending >0.04 BTC to the bc1 bitcoin address that Breez creates in order to set up the lightning wallet.

I guess you shouldn't try to find out Tongue

Quote from: ?? on ??

Breez is non-custodial LN wallet

I haven't used Breez, but I've used Phoenix Wallet. In Phoenix, opening the channel is custodial, but after that the channel itself is non-custodial. If you're funding Breez by sending Bitcoin to an on-chain address, I assume the same applies.

btc123thatthere

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Sorry, I should have said: sending >0.04 BTC to the bc1 bitcoin address that Breez creates in order to set up the lightning wallet.

I assume that it's not possible for a (layer 1) bitcoin transaction to fail / be ignored by nodes and minors because of the btc amount relating to a specific address.

btc123thatthere

member

Activity: 131

Merit: 29

Just wondering what happens if you send your Breez wallet more than 0.04 BTC, as it says to send "up to" that amount.

Wasn't able to find out what they do / what happens / doesn't happen if you send more than 0.04 BTC to it, as I didn't see it mentioned on their FAQ page.

Can someone tell Putin to sell his gold for btc? Thanks.

Topic: Sending Breez wallet >0.04 BTC; what happens if done so? (Read 124 times)