Submarine Swaps Allow Users to Send Their Bitcoins to Lightning Network-5.2

Bitcoin’s scalability solution Lightning Network – a two-layer technology enabling off-chain transactions – has made significant progress over the last year. But one thing that lags in the development is that the Bitcoin address and Lightning address are not compatible. It means that the direct money transfer from Bitcoin address to Lightning address, or vice versa, is not possible.

Currently, this fund-transfer is possible by implementing an additional step of transferring lightning funds to user’s BTC account. The Lightning network aims to cater to more users on the Bitcoin network and improve transactions speeds while keeping costs low.

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