🔖 Title: Swap-in-Potentiam: Moving Onchain Funds "Instantly" To Lightning
🏷️ Categories: Lightning-dev
👥 Authors:
• Olaoluwa Osuntokun ( npub19helcfnqgk2jrwzjex2aflq6jwfc8zd9uzzkwlgwhve7lykv23mq5zkvn4 (npub19he…kvn4) )
• David A. Harding ( npub16dt55fpq3a8r6zpphd9xngxr46zzqs75gna9cj5vf8pknyv2d7equx4wrd (npub16dt…4wrd) )
• Jesse Posner ( npub1gqdch553m0nqcg47xullf030qfnlyrm9pmneyxkdgexv4mmkclrqhgnzxe (npub1gqd…nzxe) )
• ZmnSCPxj ( npub1g5zswf6y48f7fy90jf3tlcuwdmjn8znhzaa4vkmtxaeskca8hpss23ms3l (npub1g5z…ms3l) )
• Anthony Towns ( npub17rld56k4365lfphyd8u8kwuejey5xcazdxptserx03wc4jc9g24stx9l2h (npub17rl…9l2h) )
• Lloyd Fournier ( Lloyd Fournier [ARCHIVE] (npub1khl…05yp) )
🗒️ Conversation Summary: A new protocol called swap-in-potentiam allows for immediate transfer of onchain funds to Lightning Network, reducing the time required for confirmation. Several proposals were made for faster ways to move funds from on-chain to Lightning Network, including a covenant to establish a channel without an expiry date and a scheme for bridging layer-1 and layer-2 systems transparently for users. The proposed submarine swap/peerswap is not different from a normal on-chain to off-chain swap, but the address generated by the Loop In command is not safe for reuse.
📅 Messages Date Range: 2023-01-03 to 2023-01-05
✉️ Message Count: 8
📚 Total Characters in Messages: 86902
