Blockstream has introduced the 'Splicing’ feature in its Core Lightning implementation, enabling liquidity changes to Lightning channels, according to a press release sent to Bitcoin Magazine. This comes on the heels of ACINQ’s implementation of Splicing last month, where users of 'Eclair’ experienced a 60% decrease in Lightning transaction fees.
Splicing is expected to tackle a persistent challenge within the Lightning network—liquidity constraints. These constraints have long been cited as a barrier to widespread adoption, impeding the seamless flow of transactions. With Splicing, Blockstream aims to alleviate these liquidity challenges, ultimately leading to more affordable and reliable transactions for Lightning users.
Lisa Neigut, developer at Blockstream, emphasized the significance of this feature, stating, „One of the biggest pain points for Lightning users is unreliable transaction throughput—channel liquidity constraints are a big part of the equation there. Splici
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