16.4 CoinJoin Splicing in Bitcoin Lightning Network || Rusty Russell
Channel: Wasabi Wallet
Date: 27/05/2021

Rusty Russell explains what is splicing in the Bitcoin Lightning Network. This is an onchain transaction which closes one or more channels in the input, and opens one or more channels in the output. Even non-lightning coins can be spent, and non-lightning addresses can be paid in this transaction. This enables advanced CoinJoin among many collaborative users.

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