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0 sats \ 3 replies \ @DarthCoin 21h \ parent \ on: Phoenix Wallet - Swap In lightning
Seems that you are new to Bitcoin...
Because many of those glossaries were written before LN existence... Until LN come out, we didn't have to do any "swap".
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0 sats \ 2 replies \ @itsrealfake 21h
I'm not terribly new to bitcoin... but I ignored a lot of information that seemed like shitcoiner noise. and the shitcoiners were always talking about swapping this or that.
peg-in/peg-out... swap... splice... all these are LN terminology that I haven't internalized the meanings for.
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0 sats \ 1 reply \ @DarthCoin 21h
yeah, the terminology have a lot of influence from wall street jargon too. How would you name the operation to move sats from a LN channel into onchain or vice-versa?
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0 sats \ 0 replies \ @itsrealfake 20h
channel shrinking channel expanding
I don't know... I guess the finance bros already figured out a lot of the terminology but I've never had that much direct exposure to finance lingo.
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