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:
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".
The token address. We use W-ETH token in this example.
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.
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"}'
This will create a new channel and a successful request will return you the following response object:
HTTP/1.1 201 CREATED
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!
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