reply on: What Is Splicing On The Lightning Network? \ stacker news ~bitcoin

pull down to refresh

how is this better than just looping in and out liquidity?

You can add more capacity to a channel.

i see, so its more for expanding liquidity when necessary.

Yep, without having to close and reopen a channel. 1 tx vs 2.

deleted by author

deleted by author

deleted by author

Loops only rebalance capacity, slicing allows you to expand and contract the size of the channel you're using

deleted by author

deleted by author