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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
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
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