Written by Solomon Eze
As bitcoin continues to grow, layers or protocols built upon it continually look for better ways to improve the scale, adoption, and utility of bitcoin.
A major problem between these layers is transaction barriers because it’s not a straightforward step to simply send bitcoin from a lightning channel to an on-chain address without having to close and open channels.
Submarine swaps work on the same principles as atomic swaps and provide a solution to this problem.
What is a Submarine Swap
A submarine swap bridges the gap between the lightning network and on-chain bitcoin blockchain funds by providing a way to trustlessly exchange your coins from lightning to on-chain addresses...
Discover more about the role Submarine Swaps play in the Bitcoin system with Solomon here.