CryptoTracker.pl - kursy kryptowalut logo CryptoTracker.pl - kursy kryptowalut logo
Bitcoin Magazine 2019-04-08 15:21:45

Breez Wants to Make the Lightning Network More User Friendly

New announcements around Bitcoin’s Lightning Network have been coming almost nonstop lately, with new exchanges, wallets and other services popping up seemingly every day.Two weeks ago, Zebpay announced its Lightning integration. Last week, Lightning Power Users officially launched and Bitrefill released an improvement to its Thor service. Just this morning, Sparkswap announced the public beta of its Lightning-powered exchange platform.Now, there’s a brand-new wallet coming to market with a focus on ease of use. Today, Breez has announced that its mobile Lightning wallet is available in open beta.Hiding Lightning’s ComplexityPerhaps the most unique attribute of Breez is that it doesn’t include an on-chain bitcoin wallet. In other words, it’s all Lightning.“Lightning only,” Breez CEO Roy Sheinfeld confirmed in an interview with Bitcoin Magazine. “This is one of the elements that simplifies the user experience.”Sheinfeld pointed to the fact that no bitcoin wallet management is necessary and users have a single balance — rather than both an on-chain and a Lightning balance — as examples of this simplification.Although on-chain funds cannot be stored in Breez, the app includes the ability to move funds from traditional, on-chain bitcoin wallets to the Lightning-based Breez via Submarine Swaps, which were popularized by Lightning Labs Infrastructure Lead Alex Bosworth.“Breez allows its users to add or remove funds via on-chain tr...

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer