Categories: LitecoinNews

Litecoin Adoption: Lightning Network Wallet Zap Desktop now Supports LTC

Jack Mallers, the creator of open source lightning wallet Zap announced the release of the new Beta 0.3.0 Desktop version on Friday. The new version supports Litecoin (LTC).

Zap wallet which prides itself for having a responsive design implementation was first launched in August last year. Zap focuses on providing a clean interface to handle the load from the lightning network. The lightning network is still in its early stages and yet products like the Zap wallet allows users to send payments instantly across the world.

The latest version of the Zap wallet has many upgrades and features, one of such major upgrade is the addition of Litecoin support. Users will now be able to connect to the Litecoin lightning node using the Zap wallet.

Jack said:

“Zap now supports connecting to remote Litecoin Lightning nodes. Although the Lightning Network was conceptualized with scaling Bitcoin in mind while adding some privacy enhancements, it is a protocol designed agnostic to the underlying blockchain.

Litecoin has been in the forefront in the development of the Lightning network and has served as a test bed for the Bitcoin network. With atomic swaps, it might even be easier to onramp onto the lightning network using Litecoin according to Charlie Lee.

Jack had previously mentioned about Litecoin being added to Zap in a thread by Charlie Lee who was talking about cross chain atomic swaps.

He further says:

“The Litecoin dev team is currently working on implementing neutrino (light client) support within LTCD, so that one day users can launch their wallet on the Bitcoin blockchain, log out, and then switch chains to Litecoin. This is not supported yet, but potentially soon. For now you can simply connect to a remote Litecoin LND node to use Litecoin + Zap if you’d like.”

Armin Van Bitcoin highlights some of the main features of version 0.3.0:

You can download the new release for Mac, Windows and Linux here. You can find a getting started tutorial here and video series that walks you through initial download to making a Lightning payment here.

Blockmanity’s Take

The lightning network may play a critical role in the scaling of transactions in the Bitcoin and Litecoin networks. Even though we are still in the early days of this technology, testing and adoption of the lightning network are ongoing. The Bitcoin lightning network has breached the 500 BTC capacity and has over 15,000 channels set up.

Also Read:


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Shrikar Parashar

Shrikar is a Blockchain evangelist. He is a die-hard fan of security tokens. He follows the market closely but does not trade. He believes in Hodling.

Share
Published by
Shrikar Parashar

Recent Posts

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

1 month ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

2 months ago

zkCross Network: Simplifying DeFi Complexity and Achieving Fundraising Success

Did you know that 85% of DeFi value is concentrated in six blockchains?  DeFi is…

2 months ago

Don’t Miss Out: Get $CLP Tokens in the Exclusive RWA IDO Now!

CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…

2 months ago

Step into the Future of Web3 at Blockchain Futuristic Conference 2024, August 13-14

Join us at BFC 2024 to explore the future of Web3. Use a special discount…

3 months ago

WebX Asia 2024: Web3 Innovation Ignites in Tokyo

Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…

3 months ago