Open a Channel

Opening a channel and depositing tokens in it allows you to transfer these tokens to your channel partner -- and indirectly to other nodes connected to you partner.

To open a channel, a PUT request is made to the channels endpoint that includes a JSON object containing:

  1. The address of the node you'd like to open the channel with. If you don't know to which partner you should connect, have a look at "Find suitable partner nodes".

  2. The token address. We use W-ETH token in this example.

  3. The amount of tokens you want to deposit in the channel (Remember that it is always possible to deposit more tokens later). 1 W-ETH is equivialent to 10^18 WEI.

  4. The settle timeout period which corresponds to the number of blocks that have to be mined before a closed channel can be settled.

curl -i -X PUT \
http://localhost:5001/api/v1/channels \
-H 'Content-Type: application/json' \
--data-raw '{"partner_address": "0x61C808D82A3Ac53231750daDc13c777b59310bD9", "token_address": "0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2", "total_deposit": "1337", "settle_timeout": "500"}'

Raiden utilizes a RESTful API where all URL paths starts with /api/ followed by a version number. The current API version is 1 and therefore all requests begins with /api/v1/ .

This will create a new channel and a successful request will return you the following response object:

Content-Type: application/json
"token_network_address": "0x3C158a20b47d9613DDb9409099Be186fC272421a",
"channel_identifier": "99",
"partner_address": "0x61C808D82A3Ac53231750daDc13c777b59310bD9",
"token_address": "0x9aBa529db3FF2D8409A1da4C9eB148879b046700",
"balance": "1337",
"total_deposit": "1337",
"total_withdraw": "0",
"state": "opened",
"settle_timeout": "500",
"reveal_timeout": "50"

As you can tell by the response object a channel identifier has been generated. This means that there now is a channel with that identifier inside the token network.

We're now ready to start sending W-ETH tokens!