teemupleb on Nostr: How to avoid high on-chain fees when dollar-cost averaging or rebalancing Lightning ...
How to avoid high on-chain fees when dollar-cost averaging or rebalancing Lightning channels?
Boltz (npub1psm…8970) facilitates secure Bitcoin transfers between Lightning, on-chain, and Liquid, ensuring minimal on-chain footprint.
The Bitcoin Lightning Network offers fast settlements, but its wallets are hot wallets, therefore vulnerable.
Boltz enables users to transfer Bitcoin from Lightning to the main chain.
But when you can’t afford on-chain fees, what to do?
Liquid Network, with stable fees, became a solution.
Users can purchase Bitcoin on Lightning, swap to Liquid via Boltz, store it in a hardware wallet, and later peg-out to the main chain.
Boltz leverages "Submarine Swaps," ensuring trustless, atomic swaps between on-chain and off-chain assets.
It prioritizes user privacy and offers an API for integration with e.g. wallet applications.
Boltz (npub1psm…8970) facilitates secure Bitcoin transfers between Lightning, on-chain, and Liquid, ensuring minimal on-chain footprint.
The Bitcoin Lightning Network offers fast settlements, but its wallets are hot wallets, therefore vulnerable.
Boltz enables users to transfer Bitcoin from Lightning to the main chain.
But when you can’t afford on-chain fees, what to do?
Liquid Network, with stable fees, became a solution.
Users can purchase Bitcoin on Lightning, swap to Liquid via Boltz, store it in a hardware wallet, and later peg-out to the main chain.
Boltz leverages "Submarine Swaps," ensuring trustless, atomic swaps between on-chain and off-chain assets.
It prioritizes user privacy and offers an API for integration with e.g. wallet applications.