Splicing
Revision as of 08:53, 17 March 2019 by MiltonPusser (talk | contribs)
Splicing allows interacting between the Lightning Channel and the Blockchain. It will allow you to add funds (or parties) to your channel, or remove them.
For now, increasing a channel’s capacity or taking money on-chain requires closing a channel and takes time. A new proposed feature, splicing, originated from Rusty Russell last October, allows users to coordinate an on-chain transaction to add or remove funds from a channel.