Lightning Labs Mobile App Gets 2,000 Downloads in 24 Hours

San Francisco-based Lightning Labs released its first mobile app on Wednesday.

According to Lightning Labs application developer Tankred Hase, roughly 2,000 users downloaded the app across both iOS and Android.

Both his inbox and the inbox of his colleague, developer Valentine Wallace, were flooded with support requests.

This bitcoin wallet has users holding the keys to their assets, and also to send nearly instant payments worth less than roughly $1,500. The startup put a cap on transaction amounts (one-sixth of a bitcoin).

For now, the app’s Autopilot setting relies on the startup’s in-house cluster with three full nodes and is mostly useful for sending bitcoin.

Users can only receive as much money as they’ve sent with the app. However, more tech-savvy users are able to use a manual function for setting up their own payment channels and connecting to their own nodes.

The next step on the developers’ roadmap is enabling users to easily receive payments with a process called Lightning Loops.

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