How Submarine Swaps Work on Lightning

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https://conduition.io/scriptless/multi-party-submarine-swaps/

Submarine swaps enable trustless exchanges between Bitcoin UTXOs and Lightning balances. They use hash-time lock contracts and are vital for node operators to balance channels. The process involves escrow addresses and HTLCs with predefined blockheights and secrets.

#lightning #bitcoin #swaps #htlc

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