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What is a Lightning Wallet?

  1. INDODAX
  2. General
  3. Understand the Terms

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Lightning Wallet is an application or software that allows users to manage, send, and receive payments using the Lightning Network, a second-layer solution built on top of blockchain to improve the speed and efficiency of digital asset transactions, particularly Bitcoin. This wallet facilitates instant transactions at a low cost, allowing users to make micropayments and large transactions without experiencing the congestion that often occurs on the main network. Lightning wallet also comes with security features, balance management, as well as a friendly user interface to ease users' transaction experience.

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