The next release of Electrum will support 'Submarine Payments', where you pay to an on-chain address using your lightning funds.
The next release of Electrum will support 'Submarine Payments', where you pay to an on-chain address using your lightning funds.
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Cool but... That's a high fee for Bitcoin-to-Bitcoin. Handy though.
It's trustless right? I guess the swap provider partially signs a transaction that requires the same pre-image that the Lightning payment depends on?
Although, I'm not sure about confirmations - we need to ensure the Lightning payment is held back until there have been a few confirmations?
it is waiting for one confirmation before revealing the preimage
When all the more urgent stuff is done ๐