The Next Big Thing in Town!
Scalability is the biggest challenge faced by the cryptocurrency community. It was a dare that was accepted by the crypto community over ten years ago; and still, crypto enthusiasts are trying to solve the scalability issue. Bitcoin can only handle 7 transactions per second (tps) as compared to Visa, which handles 24000 tps; and it handles traditional currency. The fees of the transaction are sky-rocketing and not making an investment in cryptocurrency worth the investment. Recently Lightning network seems to be the answer to these challenges.
You Cannot Miss This!
QuickX Wallet – THE 1ST EVER WALLET TO DO BTC LIGHTNING TRANSACTIONS WITH ZERO FEES IN BTC
They are new, they are speedy, and to top it all, they are at ZERO BTC FEES! Yes! You heard it right! QuickX recently launched the lightning transactions in the QuickX wallet, wherein, you can enjoy the speedy Bitcoin transactions for zero fees in BTC. With all the existing uses still there in the Quick Wallet, now you have something more, something truly exciting i.e. the benefits of lightning transactions, in which, one can enjoy speedy Bitcoin transactions for zero BTC fees! Yeah! Isn’t it cool!
Lightning Network – Know It More!
The idea behind the lightning network is that there is no need to keep a record of each and every transaction in the blockchain. Instead, the lightning network creates another layer in the blockchain. It gives the user a channel on the extra layer for transactions between any two-parties for payments. The channel can exist for as long as needed since the transactions happen between two users; it will be speedy with fewer fees. When the channel is closed, the details of the transaction, like first and last balance, are sent to the blockchain. This way, users can transact multiple times outside the blockchain and register all the transactions as a single one. To make the Lightning network theory a reality, a multi-signature wallet should be created, and people wanting to exchange the cryptocurrency should have the same wallet which can be accessed by the respective private key.
QuickX Wallet – The Best Is Here!
QuickX has worked on the lines of lightning transactions technology and came up with a multi-currency wallet called QuickX Wallet. With this wallet, you can avoid the limitations of the conventional wallets in the market and store multiple currencies. QuickX Wallet is a one-in-all cryptocurrency wallet. The convenience of using this wallet is that there are instant transactions and coins and tokens are available quickly. With this wallet, the security risk is next to nil. Your coins and tokens are stored in the Blockchain, and you can access them anytime you need them. It currently supports Bitcoin, Ethereum, and ERC20 tokens. Recently QuickX Wallet has added the instant Currency Swap option, wherein users can swap between different cryptocurrency. It gives users to have complete control over their crypto assets, whether it is Bitcoin, Ethereum, or any ERC 20 Tokens.
Exciting News! You Surely Cannot Miss This One!
With all the existing uses of Quick Wallet, now you can have the benefits of QCX lightning transactions too, wherein, you can enjoy the LQCX transactions for absolute zero fees.
This update makes QuickX wallet, THE FIST EVER WALLET TO DO LIGHTNING TRANSACTIONS WITH ZERO FEES IN BTC, however, a very less fess is to be paid for lightning transactions. Also, with this update, the users will be able to do the Lightning QCX transactions with absolutely Zero fees.