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Topic: Sending Breez wallet >0.04 BTC; what happens if done so? (Read 147 times)

legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
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.

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
legendary
Activity: 1876
Merit: 3132
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.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
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

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.
member
Activity: 131
Merit: 29
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.
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.
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