Splices and Liquidity in the Lightning Network

When talking about the Lightning Network, it is often said that money is “locked up” in payment channels. The reason for this expression is that when you have money in a payment channel you cannot use it outside the channel.

In this post we explain what are splices, what is needed for them to work and how can they change our perspective on liquidity.

https://medium.com/muunwallet/splices-and-liquidity-in-the-lightning-network-1d4bd4bc7575



Submitted August 23, 2019 at 10:33PM by florravenna https://ift.tt/2TWaSAA

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