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100 sats \ 2 replies \ @kruw 14h \ on: The next release of Electrum will support 'Submarine Payments' bitcoin
Can someone explain why a "swap" is performed instead of a "splice"?
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It is useful indeed. If you are a merchant and you have more income than spend, you need to "empty" those channels to have them ready for the next day.
Splicing is not useful all the time, only sometimes, when you realize that the channel you have open, is too small for your increased volume of payments.
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