Using the Electrum wallet to access the Bitcoin Lightning Network (first time setup and overview)
Popular Cryptocurrency Wallet Electrum Will Add Bitcoin Lightning Network Soon.
This was announced by Thomas Voegtlin, the founder of the project, at the BIP001 conference in Odessa. The development of a compatible protocol was carried out throughout the year in a separate GitHub branch, which will be merged with the main one by the end of July. This means that new functionality will already appear in the next version of the wallet..
The Lightning Network is a tier 2 scaling solution that enables fast transactions with minimal fees and significantly increases network bandwidth over the underlying Bitcoin blockchain..
Electrum did not merge with existing Lightning clients, but independently developed its own version to provide users full control over funds..
Recall that using the browser extension Moon for cryptocurrency you can pay for purchases on Amazon.
text: Ivan Malichenko, photo: Shutterstock