THELOGICALINDIAN - This anniversary Bitcoincom appear on the contempo audience of the Lightning Network actuality testedby Bitfury on Bitcoins mainnet Now the bitcoin technology aggregation Acinq has launched its Lightning Networkbased Android wallet Eclair because the aggregation believes Segwit seems to be on the border of activation
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Eclair the Lightning Network Enabled Android Wallet
The bitcoin technology aggregation Acinq wants to accomplish the Lightning Network (LN) “user-friendly.” This anniversary the startup launched its Eclair wallet for Android systems which is now available via Google Play. Acinq says the wallet’s absence operations are aloof like any light-client wallet and LN is optional. Additionally, back Segwit gets activated the wallet will advance the agreement for added LN functionality.
“All on-chain affairs beatific by this wallet are segwit transactions, appropriately benefitting from a fee abatement compared to bequest transactions,” explains Acinq. “Of course, because segwit is absolutely astern compatible, our wallet can send/receive affairs to/from all bitcoin wallets, alike non-segwit ones.”
A Regular On-Chain SPV Wallet and a Lightning Wallet
The wallet’s user interface annal both on-chain and off-chain affairs with altered icons accent in the transaction log. Moreover, if users access a QR cipher for payment, the software will ascertain whether it is a approved bitcoin abode or an LN acquittal request. There’s no charge to displace the app to acquire LN channels as the belvedere will admit and clarify through both types of sending procedures.
“So basically, you are chargeless to use the wallet on-chain only, but if you ambition to pay beneath fee and accomplish burning payments, aloof accessible one or added channels, and you’ll be able to pay through Lightning,” the startup details.
Testing Out the Lightning Network at Acinq’s Virtual Coffee Shop ‘Starblocks’
Since Segwit isn’t absolutely activated yet, Acinq’s Lightning Network wallet is alone accessible application Bitcoin’s testnet. However, the startup has created an LN-enabled coffee boutique alleged Starblocks area testers can accessible a approach and buy a coffee.
“The purpose of this website is additionally to authenticate how accessible it is for merchants and businesses to accept funds through Lightning. We intend to accommodate merchant casework in the future, and will be absolution a stripe-like API and a dashboard soon,” Acinq Adds.
What do you anticipate about the Lightning Network? Do you anticipate this technology will be benign to the Bitcoin network? Let us apperceive what you anticipate in the comments below.
Images via Pixabay, and Acinq.
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