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

The Calculated Collapse of $TG: How a “Utility” Token Was Engineered for a Rug Pull

In the unpredictable world of cryptocurrency, new tokens launch daily, each one a shining beacon…

1 day ago

Staked Ethereum Hits Record High as Whale Accumulation Signals Bullish Long-Term Sentiment

Once more, Ethereum is commanding the spotlight as fresh figures indicate that the amount of…

1 day ago

Arbitrum Sees Surge in Protocol Revenue and EIP-7702 Adoption Following ArbOS 40 Upgrade

The ecosystem on Arbitrum keeps flaunting its robust foundations, with a steady incline in the…

1 day ago

Ethereum Whale Accumulation Surges as Long-Term Confidence Outweighs Short-Term Volatility

Once again, major market players are focusing on Ethereum. The whale activity surrounding the second-largest…

4 days ago

Week in AI: Fartcoin Steals the Spotlight Amid Market Turmoil

It has been a tumultuous week for the artificial intelligence sector in crypto. Sharp valuation…

5 days ago

BSC Foundation Resumes Strategic Accumulation: VIXBT, CAKE, LISTA, and MOOLAH Under Spotlight

Following a brief stint of dormancy, the BSC Foundation is back in action, reestablishing its strategic…

6 days ago