Blockstream’s pockets now helps trustless Lightning – Liquid swaps over Boltz, permitting customers to pay their Lightning payments with LBTC whereas planning for future on-chain swap help.
abstract
- Blockstream has up to date its cell pockets to allow atomic swaps between Lightning Community and Liquid sidechains by way of non-custodial supplier Voltz utilizing HTLC.
- Customers pays Lightning payments immediately from their Liquid Bitcoin balances with out managing channels or inbound liquidity, and funds are mechanically returned if the swap fails.
- Future upgrades are geared toward including on-chain swaps between Bitcoin, Liquid, and Lightning, in addition to receiving Lightning immediately into {hardware} wallets like Jade from a single interface.
Blockstream provides Lightning-Liquid swap performance to cell wallets with Boltz integration
Blockstream has launched an replace to its cell software that permits customers to carry out swaps between the Lightning Community and Liquid Community, the corporate introduced.
Including Trustless Swap with Blockstream
The replace introduces help for trustless atomic swaps between Lightning and Liquid networks, the corporate stated. This function permits customers to pay their Lightning payments immediately utilizing their Liquid Bitcoin (LBTC) balances with out managing Lightning channels or sustaining incoming liquidity.
In accordance with the corporate, the swap course of is carried out by way of non-custodial supplier Boltz and makes use of a cryptographic hashlock contract (HTLC), which ensures that either side of the transaction full or neither social gathering completes. If the operation fails, the funds will mechanically be returned to the unique pockets.
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Blockstream stated the replace goals to make quick, privacy-enhanced Bitcoin funds extra accessible to customers.
The corporate additionally introduced upcoming updates, together with help for on-chain swaps that may enable customers to maneuver funds throughout Timechain, Liquid, and Lightning from a single interface. One other deliberate function will enable customers to obtain Lightning funds immediately into {hardware} wallets similar to Blockstream Jade, in response to the announcement.
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