110 sats \ 5 replies \ @k00b 3 Oct 2023 \ parent \ on: Announcing LND 0.17 beta: Tapping into Taproot 🥕⚡ bitcoin
They are rebuilding their lightning implementation on top of Taproot, ie their onchain transactions optionally make use of Taproot.
Does this mean existing channels need to be closed and opened as taproot channels to reap the benefits?
reply
reply
I think it’s fine to take advantage of taproot privacy on a go forward basis to avoid the fee impact of closing channels all at once
reply
It means any new channels you create can be these simple taproot channels. It doesn't sound like you can upgrade existing channels.
Although I wonder if somehow you could splice into an upgrade when lnd has splicing (I don't know enough about splicing).
reply
That would make sense to me
reply