Financial News
OneKey Unveils The Future: World's First Hardware Wallet With Lightning Network and Nostr Support
In a groundbreaking move, OneKey, a leading innovator in hardware wallet technology, has unveiled the world's first hardware wallet with Lightning Network and Nostr support. This innovation marks a significant milestone, elevating the possibilities for both crypto and non-crypto users alike.
In this article, we deep dive into OneKey’s hardware and software features and showcase how you can benefit from using Lightning Network with OneKey.
What exactly is Lightning Network?
Lightning Network is a L2 solution on the Bitcoin blockchain that enables transactions of Bitcoin and other cryptocurrencies.
Lightning Network counters the issues of slow transaction speed and excessive energy use by using channels between participants, so that multiple transactions can be handled without waiting for the slower mainnet to confirm single exchanges.
Revolutionizing Transactions: OneKey’s Hardware Wallet
As the pioneering hardware wallet with Lightning Network support, OneKey allows users to seamlessly transfer and receive funds using Lightning Network.
This means that users of OneKey can transact BTC and Sats without having to understand channels, invoices, LND, and other complexities comprehensively. Our hardware wallet does it all for you.
This key feature enhances transaction speed and scalability, offering a revolutionary solution for crypto enthusiasts.
https://twitter.com/OneKeyHQ/status/1704026654279090487
Innovating Security and Convenience: Expansion of OneKey’s Software
Besides innovating on the hardware of OneKey’s wallets, we have also upgraded several software features to make the experience better for our community.
Lightning Network Account Creation: OneKey simplifies the process of creating Lightning Network accounts by generating them based on mnemonic phrase signatures, enhancing accessibility for users.
Unlimited Account Creation: Users of OneKey can now create unlimited accounts using a single set of mnemonic phrases, providing unparalleled flexibility in managing your crypto assets.
Cross-Platform Advantages: OneKey's Live App boasts seamless compatibility across various platforms, catering especially to decentralized application (dApp) users who value accessibility and convenience.
dApps such as Nostr assets, Amboss are the latest additions on OneKey’s Live App. Discover more dApps here.
Support for Nostr: the first-ever hardware wallet with Nostr protocol support. This integration allows our hardware wallet to function as a Nostr Signing Device (NSD), enabling secure message signing within the Nostr protocol.
Users can generate a private key using their existing OneKey seed phrase and utilize it for signing.
Decentralized Ordinals Engraving: All ordinal minting done through OneKey are inscribed directly onto the Bitcoin blockchain securely. The intention is to make Ordinals more decentralized and censorship-resistant.
OneKey emphasizes its commitment to decentralization with Ordinals engraving, ensuring that user assets are handled securely and autonomously.
LNURL Support: OneKey continues to support Lightning Network through integrations that allow mainstream users to access the Lightning Network Web Standard (WebLN).
Some of the notable benefits include transacting BTC and Sats with ease, leveraging on lower fees, and enjoying streamlined UX as opposed to QR codes.
As Lightning Network is still in its early stages, OneKey is excited to grow and innovate along with Lightning Network to provide the best experience for our users.
What’s next?
OneKey is poised for continuous innovation and expansion in Lightning Network.
Our hardware wallets will support Lightning Network addresses in the future to enhance user experiences and facilitate a broader range of functionalities.
Additionally, OneKey will add the function of 'nostr.signSchnorr' to our Nostr key manager. This innovative feature empowers Lightning Network and Nostr communities to seamlessly transform a Nostr key into a Bitcoin wallet. This advancement is a testament to OneKey's commitment to providing cutting-edge solutions for the evolving needs of our users in the cryptocurrency space.
Furthermore, OneKey plans to open API interfaces, enabling seamless integration with hardware wallet Lightning Network accounts. This move ensures compatibility with both HD-supported wallets and hardware, creating a more interconnected and user-friendly ecosystem.
Stay tuned for more updates!
Why get a OneKey hardware wallet?
The real question is, should you miss the chance to enjoy unparalleled security, convenience, and the most up-to-date wallet in your crypto journey?
Here are the top reasons to pick OneKey:
- 100% open-sourced and transparent.
- Lightning Network compatible.
- Nostr supports.
- Self-custody and cold storage.
- Industry-leading security chip: ATECC608A
- Portfolio tracking and seamless crypto management.
- A one-stop solution with support across mobile, browser extensions, and desktops.
- Awesome user experience and beginner-friendly.
- Over 1+ million active users monthly.
- Swap and transact over 1000+ crypto assets.
- Backed by Ribbit Capital, Dragonfly, and Coinbase.
When it comes to safeguarding what is important to you - like your crypto assets, OneKey is the answer to protect from potential threats. Since its inception in 2019, OneKey has remained steadfast in its commitment to providing users with secure and reliable hardware wallet services.
In a world where security and innovation are paramount, OneKey promises to continue improving and innovating to offer our community a secure gateway to the exciting world of decentralized finance.
Be a part of OneKey, visit the official website.
For purchase options, visit shop.onekey.so or Amazon.
OneKey guarantees 24/7 post-sales support.
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