Bitcoin Gets First Lightning Network Wallet App on Android
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Bitcoin Gets First Lightning Network Wallet App on Android

THELOGICALINDIAN - The aboriginal Bitcoin wallet featuring abounding Lightning Network abutment went alive on Google Play May 31 in a added anniversary for the technology

The release, alleged artlessly Lightning Wallet, incorporates a absolutely operational Lightning node, accouterment for both on-chain Bitcoin and off-chain Lightning Network transactions.

Users will be able to booty advantage of the more well-populated network, allowances including near-instant sending and accepting of Bitcoin via committed channels for fees of beneath than one satoshi ($0.0000755141) – Bitcoin’s aboriginal unit. The app has accustomed six absolute 5-star user reviews so far. 

“It is acute to accept that Lightning Wallet is a absolutely standalone app, it is not a attenuate applicant to some centralized service,” the wallet’s description to abeyant users reads.

As Bitcoinist has reported throughout 2018 back Lightning’s mainnet absolution went live, both abutment and acceptance accept been brisk, admitting the basal technology actual in an beginning phase.

While the abeyant for funds to go missing due to abstruse inconsistencies remains, Lightning Wallet developers affirmation they accept mitigated such risks application a catchword passphrase setup.

“This is [the] aboriginal Lightning wallet on [the] bazaar which offers off-chain abstracts accident protection: in case of emergencies such as buzz accident you will alone charge a catchword byword to antithesis both on-chain Bitcoin antithesis and off-chain Lightning balance,” its Google Play description confirms.

In April, Lightning passed the allegorical acceptance mark of 2000 nodes, with over 6000 channels currently open, administration a absolute arrangement accommodation of over $160,000.

Various customer accoutrement accept gone live, while acquittal processor CoinGate recently announced it had additionally pivoted to add affinity for merchants.

“Although still in its aboriginal stages and added ill-fitted to advanced, abstruse users, LN is, after doubt, the best accessible advancement to the Bitcoin network,” the aggregation wrote in a statement.

What do you anticipate about Lightning Wallet? Let us apperceive in the animadversion area below!

Images address of Shutterstock, Google Playstore