Difference between revisions of "Changing fees"

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This sets the [[Fees|fees]] to LOW:
This sets the [[Fees|fees]] to LOW:
<pre>lncli updatechanpolicy --base_fee_msat 0 --fee_rate 0.000001 --time_lock_delta 10</pre>
<pre>lncli updatechanpolicy --base_fee_msat 0 --fee_rate 0.000001 --time_lock_delta 10</pre>
{{HELP|add info on what this means}}
 
== Example ==
<pre>lncli updatechanpolicy 1000 1000 144</pre>
* it means my base_fee is `1 sat`
* my fee_rate is `0.001` (to be multiplied to amt of payment which is in satoshi)
* 144 is the timelockdelta


= Setting fees in c-lightning =
= Setting fees in c-lightning =

Revision as of 14:19, 4 March 2019

Read about fees on the fees page.

Setting fees in LND

This sets the fees to LOW:

lncli updatechanpolicy --base_fee_msat 0 --fee_rate 0.000001 --time_lock_delta 10

Example

lncli updatechanpolicy 1000 1000 144
  • it means my base_fee is `1 sat`
  • my fee_rate is `0.001` (to be multiplied to amt of payment which is in satoshi)
  • 144 is the timelockdelta

Setting fees in c-lightning

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Please help by adding more information. Suggestion:
add info how c-lightning does it

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