Big Bitcoin Breakthrough (Splicing)

Learn to build a secure Bitcoin vault:
https://www.bitcoinuniversity.com/courses/76599-the-ultimate-guide-to-bitcoin

In this video, I discuss how splicing can make it easier and less expensive to rebalance Lightning payment channels, while creating more fungibility between BTC on-chain and BTC on Lightning.

Splicing is the ability to add or remove sats from a Lightning channel using sats from another Lightning channel or from on-chain-- all without needing to close and reopen the channel, which costs more in transaction fees and waiting time.

Not investment advice! Consult a financial advisor.

Lightning Network live map:
https://mempool.space/lightning

Muun and submarine swaps:
https://blog.muun.com/a-closer-look-at-submarine-swaps-in-the-lightning-network/

More on splicing with Dusty Daemon and Stephan Livera:
https://stephanlivera.com/episode/490/

Follow Dusty Daemon on Twitter:
https://twitter.com/dusty_daemon

Donate to OpenSats:
https://opensats.org/

Phoenix wallet is adding splicing:
https://twitter.com/phoenixwallet/status/1678781368309018624

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#splicing
#lightningnetwork

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