CCBeast Special

Lightning Network Android App Available at Google PlayStore
Editorial Team

The Lightning Network (LN) has gained its first user mobile app in the form of ACINQ’s Eclair wallet deputed on April 4.

The wallet is currently available for Android devices running version 5.0 of the operating system and later, continuing a trend of rapid innovation for Lightning.

Based on the increasingly popular protocol, the first mainnet mobile wallet was described in the release.

“The Eclair Wallet is a next generation, Lightning-ready Bitcoin wallet. It can be used as a regular Bitcoin wallet, and can also connect to the Lightning Network for cheap and instant payments,” ACINQ wrote in a description of its offering.

“This software is based upon eclair, and follows the Lightning Network standard.”

The mass adoption of SegWit in February and March of this year led to a considerable increasing pace of LN’s development and the becoming of SegWit a de facto prerequisite for the technology to operate smoothly on the Bitcoin mainnet.

During last week, several new products entered the market, while several weeks ago, the first LN mainnet beta implementation went live successfully to considerable acclaim.

On Social Media, user appeared encouraging nonetheless lobbying ACINQ for an iOS equivalent. However, commentators responded about the difficulty of the task due to coding requirements.

ACINQ said that further criticism came from those who wanted to both send and receive Lightning payments with Eclair. Functionality available by running a full node.

At press time, LN mainnet incorporated 1335 public nodes and 3729 open channels. Bitcoin has already saw the transaction fees to fall as low as 1 satoshi per byte now standard in terms of user experience from SegWit.

In the future, LN could allow all Bitcoin users to realize transactions near-instantly with fees amounting to fractions of a US cent.