reply on: What Is Splicing On The Lightning Network? \ stacker news ~bitcoin

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how is this better than just looping in and out liquidity?

Loops only rebalance capacity, slicing allows you to expand and contract the size of the channel you're using

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You can add more capacity to a channel.

i see, so its more for expanding liquidity when necessary.

Yep, without having to close and reopen a channel. 1 tx vs 2.

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