Using Lightning Network in Electrum Wallet

Hey, so I have some questions about using Lightning in Electrum. Can I use the same seed for both my mobile and desktop versions? Is there any issue if I have both open at once?

Yeah, you can definitely use the same seed on both mobile and desktop. No issues if they're both open at the same time.

Thanks! But what about fees for using Lightning? Are there specific ranges of sats that change the fees? Like, if I send in 2 million or 3 million sats, does the fee percentage vary?

It's a bit tricky to pin down exact fees. Generally, Lightning should be cheaper than regular on-chain fees. Opening and closing channels will have your usual on-chain fees.

I don't really use Lightning much, so can't give you the nitty-gritty. But there are guides out there that explain the Lightning Network pretty well.

Just to clarify, with Lightning, you only want one active version of the same channel. Having multiple active channels can lead to outdated info and could risk your funds.

Cool, thanks. Gonna install Electrum Desktop today and check it out! Just wanted to clear things up before I jump in and open a big channel.

Yeah, sounds good. Just remember, your channels won't sync between instances, so be careful with outdated channels. It can get messy.

Got it! So it’s best to stick to one setup. About those trampoline nodes, I assume they act like gateways to the larger network?

Exactly! Those nodes are basically your entry point to the network. But they're not just service providers; your Electrum wallet is its own node too.

I see. But a bit concerned about the experimental tag on Lightning in Electrum. Kinda surprising it’s still labeled that way after all this time.

Yeah, it’s a hot wallet and things can definitely go sideways. Don’t put in more than you’re okay with losing, especially since it's still experimental.