Understanding the electrum’s “transmission to lightning” function
Like a bitcoin user and one of the most popular bitcoin wallets, Electrum has become a basic tool for managing digital devices. One of the most important features is the ability to send bitcoins from the electrum wallet to other titles in the Bitcoin network, including those that are not yet related to Lightning Network (LN). In this article, we examine how the electrum “change of sending the Lightning” function works.
What is a lightning network?
The lightning network (LN) is a decentralized, second -layer dimensioning solution for bitcoin. This allows users to create a network of chainless transactions that can be bridged to chain transactions, allowing faster and more efficient payment processing. However, LN is still in the early stages and most mainstream wallets do not support it from the box.
How does the electrum work “send to lightning”
To send bitcoins from the electrum wallet to a non -bright address, you can follow these steps:
- Open the electrum on your computer or mobile device.
- Login to your electrum account and find the “Transactions” tab.
- Select the bitcoin (s) you want to send (in this case only one coin).
- Click the “Special Settings” button next to the amount of coins.
- During “send”, select “Send a change lightning”.
- In the “Entercon Address” field, enter the title in which the sent bitcoins (such as a non -ln wallet) will be received.
- You can optionally determine the transaction fee.
What happens next?
When the bitcoins are sent by using the electrum “switching for lightning”, your wallet will try to find a LN bridge or if necessary. This process includes the creation of a new chain channel, which is essentially an out-of-chain payment network that bridges between the electrum wallet and the recipient’s non-LN fund.
The bridge allows faster and more efficient transactions by eliminating the need for intermediate relays and reducing transaction fees. The charges are generally lower than the lightning network wallet, and so the electrum has a viable option for users who do not want to commit LN.
Advantages of using the Electrum “Sending to Lightning” function
Using the Elektrum “Change Change to Lightning” feature offers many benefits:
* Increased elasticity
: You can send bitcoins from the electrum wallet to any address of the Bitcoin network, whether it is connected to LN.
* Decreased fees : You can use the chainless payment network to reduce transaction fees compared to the lightning network wallet.
* Improved Safety : The use of the internal funds for the wallet is generally considered safer than directly from the electrum application.
However, it is essential to note that not all Bitcoin titles are compatible with LN bridges. You must ensure that you have the necessary settings and configuration before trying to send the bitcoins with this feature.
Electrum “Send the Lightning Send” function to easily manage digital devices through multiple platforms while minimizing costs and maximizing security.
