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Developer Jack Mallers has announced that Lightning Network wallet Zap is ready for testnet use with its Beta release on Monday.
The project has been open-source since its inception, but the release of Zap aims to make transacting on the Lightning Network easier for the average user. To gain an understanding of how easy it is to use. Download the demo and let this video guide you:
Proceed with caution. For now Mallers maintains the Beta solution isn’t ready for a mainnet launch just yet. Any attempt to transfer cryptocurrency through the Beta app can result in a loss of funds and backlog the apps developers in continuing to make progress.
What Is Lightning Network?
The Lightning Network allows for the scaling of bitcoin transactions and a dramatic increase of payment speed through the use of smart contracts. This is all done away from the blockchain initially so there’s no need to worry…