Translations:Opening channels/30/en

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  1. you agree with NODE B you trust to open a 2X channel and at the time of open you push X towards them (i.e you gift them X on LN)
  2. In return NODE B pay X back to you at your on-chain address. (this is based on trust. Usually, people are honourable because they don't want to spoil their reputation for a few dollars but you never know).
  3. End result you have a 2X channel with X local X remote. And you have X on-chain to open another channel.
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