Lightning Labs has unveiled the first release of its Lightning App for desktop users, which will allow anyone to use the Lightning Network for Bitcoin payments. Since this is an alpha version targeted at testers, the app is fairly limited. However, the app’s release means that anyone can experiment with Lightning without going to great lengths.
Features of the App
In this release, the Lightning App handles real funds for the first time. Previous versions of the app only handled testnet BTC, but this version now works with mainnet BTC—that is, real Bitcoin. Nevertheless, since this is an alpha version, there may be critical bugs, so the app should not yet be used for large or important transactions.
The app is powered by Neutrino, a Lightning technology that is also being built into a new wallet for Bitcoin Cash. Neutrino basically allows light wallets to provide most of the privacy features that full node wallets enjoy. The advantage is that, unlike full node wallets, Neutrino-based light wallets do not need to spend time…