ICYMI: Mutiny launches ‘normie-ready’ Lighting wallet avoiding Apple, Google app stores
, as it facilitated “the transmission of a virtual currency but was not submitted by a corresponding exchange or recognized financial institution.”
Mutiny Wallet said it leveraged the Lightning Development Kit project from Jack Dorsey’s Block, which offers developers customizable control over every aspect of the Lightning stack, including the ability to compile it for the web. To simplify liquidity management for users, the wallet firm also partnered with Lightning infrastructure project Voltage to help users receive payments without worrying about opening channels or managing liquidity. This means users can receive their first Lightning payment within seconds of launching the application.
Lightning Network operates as a network of bi-directional payment channels on top of the Bitcoin blockchain, designed to enable fast and cost-effective micropayments. It offers a solution to the slower transaction speeds and higher fees associated with Bitcoin's mainnet, enabling users to transact directly without immediate settlement on the main blockchain.
Mutiny Wallet acknowledged that the beta phase may still encounter some bugs and limitations, urging caution when loading large amounts of funds into the wallet during this early stage. However, the Mutiny Wallet team said it welcomed feedback from the community and was committed to stamping out any remaining bugs and shipping new features quickly, with the aim of creating a “normie-ready” wallet that appeals to both bitcoin enthusiasts and newcomers alike.© 2023 The Block Crypto, Inc.
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