I did, trust me. As well as spent a considerable amount of time Googling. But I'm failing to get it...hence he "ugh" in the title. I believe that guide is for desktop Electrum wallet. I'm trying to do it from the mobile version (which is significantly different).
And also, do I need a whole instructions manual just to purchase/send Lightning (considering I already got btc in an Electrum wallet)? I get the concept of Lightning and how it works so not trying to go into that. Just wanna buy this damn thing. Can't be more that 5 steps! 😕
Maybe it was hard for you to understand the guide because images are disabled, I have repair the images for you to comprehend more
2. Creating a payment channelPayment channels related options are available under 'Channels' tab which is hidden by default. You can enable it by going to 'View -> Show Channels'
In the 'Channels' tab there are two available options. 'Swap' allows to exchange on-chain coins for an LN incoming payment and vice-versa. 'Open Channel' allows you to create a new payment channel. Click on that option.
By default, Electrum does not download the network graph and delegates path estimation to special trampoline nodes to which only you can connect. If you want to open a channel to any Lightning node, see
Disabling Trampoline routing.
As for now, there are three hard-coded trampoline nodes: ACINQ, Electrum and Hodlister which you can choose from the drop down list. The minimum funding value is 0.002 BTC.
Next, you have to select the funding transaction fee. If the transaction is not confirmed within 24 hours, the channel won't be created. It is another hard-coded value.
You might encounter these two errors when opening a channel, the former was mentioned above. The latter is other node's fault. Choose a different node if it happens.
Your payment channel will become active once your transaction reaches 3 confirmations.
~snip~
I practically do not know how to use the lightning network. I will like your help. How will I set up a channel? Can I set up the channel on electrum wallet directly?
I never tried to set up a channel on Electrum mobile but you can try it your self.
Gossip, nodes, Channels and pending will not show any info if the LN is not yet enabled.
To enable the LN you need to click the name of your wallet and it will show something like this below.
After enabling the LN status is online
If you are going to make your own channel try this.
Tap the 3 dots then go to channels and tap the new button. If the button is not working I think you must have a minimum 0.003 to be able to make a new channel.
I believe it you add the details from the desktop description you will find it easier to create it on mobile. This will work I guess......