The Electrum Bitcoin Wallet will support Lightning Network

The developers of the popular Electrum wallet are preparing a major release with support for the Lightning Network. This was announced by the project's creator, Thomas Vogtlin, during a panel discussion at the BIP001 conference in Odessa.

The lead developer, however, did not give the exact release date.

Note that a new version of the Electrum wallet (v3.3.7) has recently been released, which contains a number of fixes and improvements.

Electrum 3.3.7 was just released with various bugfixes and improvements. Read the release notes and download it from https://t.co/Y2DXoUyOgk

– Electrum (@ElectrumWallet) 3 linis 2019 p.

Lightning Network (LN) is a payment protocol that allows for low-cost and instantaneous transactions, which is also a solution to the problem of Bitcoin scalability. According to 1ML , currently 8954 LN nodes are in operation, interconnected by 34,242 payment channels.

Recall that today, on July 5, the 8th Blockchain Incredible Party or BIP001 , the 8th international blockchain conference, started in Odessa.

Subscribe to the BlockchainJournal news in Telegram: BlockchainJournal Live – the entire news feed, BlockchainJournal – the most important news and polls.