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0 sats \ 2 replies \ @itsrealfake 20h \ parent \ on: Phoenix Wallet - Swap In lightning
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.
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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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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