Crypto Short News

ACINQ Launches Phoenix, The Future of Bitcoin/Lightning UX

ACINQ, a Bitcoin Lightning developer, unveiled their 2nd generation Lightning Wallet, Phoenix on Oct 18. The company is in plans to make its payment system scalable and instantaneous. Phoenix allows making payments in less than 3 minutes. The features also include setting up the wallet, receive money, make on-chain and off-chain payments and do a full seed-based backup restore. A video along with the post explains more about these wallet functions, all accessed via a user-friendly interface. 

Earlier this month, ACINQ had received $8 million from a French bank – Bpifrance bank. The company also plans to develop its native LN Wallet, Eclair.

Summary
ACINQ Launches Phoenix, Future of Bitcoin/Lightning User Experience
Article Name
ACINQ Launches Phoenix, Future of Bitcoin/Lightning User Experience
Description
ACINQ introduces 2nd generation wallet, Phoenix to make payments within 3 minutes. It is termed as the future of Bitcoin/Lightning User Experience.
Author
Qadir AK
Publisher Name
Coinpedia
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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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