A Beginners Guide To Submarine Swaps
Written by Solomon Eze
Overview
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.
