Electroneum is going to support Lightning Network technology of Bitcoin

by in Blockchain News

Electroneum is going to support Lightning Network technology of Bitcoin

One of the most widespread digital wallets Electroneum is working to do an update and add support for Bitcoin’s lightning network.

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The founder of Electroneum, Thomas Voegtlin said that technology release on the wallet is really close, but he didn’t mention the exact date of the official launch.

On a BIP001 blockchain event in Ukraine Voegtlin have also shown the beta version in his mobile phone.

Lightning network is a specially created tool, which proposes to perform faster transactions with lower charges accessible throughout the whole system of Bitcoin.

Voegtlin remarked, that Electrum decided not to communicate with the current lightning clients, and alternatively formed its personal implementation. This was done to let users have total control of their reserves.