Categories: CryptoNews

ACINQ Removes Its Mobile Lightning Network App From Google’s Play Store

An interesting development has taken place in the world of Bitcoin. More specifically, ACINQ recently released its mobile client with Lightning Network capabilities. Due to unforeseen circumstances, the company has since removed the application, as its Eclair Wallet can no longer be updated directly. The associated signing key has been lost, forcing the company to take a rather drastic course of action.

ACINQ’s Eclair Wallet is Removed Temporarily

It has become apparent that there is growing interest in the Lightning Network as of right now. Bitcoin’s scaling solution could introduce a lot of positive changes in quick succession, including micropayments, faster transaction times, and lower fees. For the average consumer, it’s still pretty difficult to access this particular technology.

This is why ACINQ decided to develop an Android Lightning Network wallet. Known as Eclair, this solution allows users to store and spend Bitcoin over the Lightning Network. It is important to note that this particular wallet runs on the Bitcoin mainnet and doesn’t involve using test currency. As such, it can allow more people to experience the benefits of the Lightning Network in the months to come.

Unfortunately, it seems ACINQ’s Eclair wallet has been removed from the Google Play Store. Apparently, the signing key associated with this wallet has been lost, which makes it impossible for the ACINQ team to update their application. That is a very worrisome development, and removing the app was the only plausible course of action.

Related Post

This doesn’t mean the app’s signing key has become compromised in any way. It seems someone on the ACINQ team accidentally deleted this vital piece of information, although it remains unclear how this happened exactly. Even so, it is an issue from which the team cannot easily recover, as recovering this signing key will be impossible.

Rest assured the Eclair wallet app will be resubmitted to the Google Play Store in the future, with its own separate signing key. Users who have the Eclair app installed on their Android device right now would do best to remove it altogether, as it will no longer be updated or maintained. Should any bugs with the existing app arise, there is nothing the ACINQ team will be able to do.

While this is a rather unfortunate event, it should not hurt Bitcoin in any way. All it does is delay convenient access to Lightning Network payments for ACINQ enthusiasts, but it is evident the team is working hard to reinstate the app in a slightly different form. For now, it remains unclear when the app will come back, although more information should become available in the coming weeks.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Top Crypto Coins to Buy in May 2024: TON, LINK, and KANG in the Spotlight

Historically, extended periods of market downturn have often preceded a resurgence in crypto prices, ultimately…

2 hours ago

The Rise of BEFE Coin: Today’s Must-Have Meme Coin Investment

Discover the charm of BEFE Coin, a special meme coin today. As it starts catching…

2 hours ago

Experts Predict Significant Gain in Bitgert Coin Price This Week

Many investors are always careful about wanting to invest in any crypto project because of…

2 hours ago

BlockDAG Excels With 30,000x ROI Potential, Outshining NEAR Protocol’s Price Gain And Render Token’s Emerging Promise

Render Token is advancing with significant updates like OctaneBench integration and a new pricing algorithm,…

16 hours ago

Comparing Generative AI Cryptos SingularityNET, Akash Network, and Raboo 

Projects all across the crypto market began integrating cutting-edge technology as a core part of…

1 day ago

Wormhole Brings More Interoperability to Arbitrum; KangaMoon and Optimism Eye Bullish Rally As Top Altcoins

Wormhole has recently taken some big steps towards improving compatibility on Arbitrum (ARB). At the…

1 day ago