Lightning network

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5 years ago

Today we're excited to announce the first ever Lightning cross-chain swap from Bitcoin to Litecoin!

5 years ago

I liked the way Charlie Lee reacted to this:

"I believe you guys have been waiting for this! Now that Segwit2x is canceled and SegWit haters have their own coin to play with, it's full steam ahead with scaling Bitcoin/Litecoin with LN and other 2nd layer scaling solutions!

LN atomic swaps are much better than on-chain ones because it's instantaneous, low fees, and preserves privacy. 2nd layer off-chain solutions like LN are only practical with a transaction malleability fix like SegWit. So thanks to everyone's hardwork on getting SegWit activated!"
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