Popular Bitcoin Lightning Wallet Disappears from US Stores
The Wallet of Satoshi app, a popular Bitcoin Lightning wallet, has suddenly disappeared from the Apple and Google app stores in the United States. Users reported being unable to find the app, as searches returned no results or redirected to other competing wallet apps. However, the app is still available for download in other countries.
Reasons for Removal Unclear
The reason behind Wallet of Satoshi’s decision to remove its app from US stores is still unclear. In a Twitter post, the company stated that they have made the “difficult decision” to stop serving US customers for now but hinted that it could be temporary depending on future developments. Existing US users can still access their Bitcoin funds and transfer them to other wallets if desired.
Meteoric Rise and Lightning Network
Wallet of Satoshi has experienced significant growth in its Bitcoin Lightning transactions. The platform was on track to process over 1.1 million Lightning payments in November, its highest-ever monthly volume. The Lightning Network is a layer-2 solution built on top of the Bitcoin blockchain for fast, scalable, and low-cost transactions.
Uncertainty Surrounding Apple’s Policies
The reasons for Wallet of Satoshi’s exit from the US market are unknown. However, Apple has faced criticism in the past for its restrictive policies towards crypto apps. The disappearance of the wallet has left US bitcoin users frustrated as it provided a convenient way to use the Lightning Network for payments and transfers.
Hot Take: Wallet of Satoshi Removed From US Stores
The sudden removal of Wallet of Satoshi from Apple and Google’s app stores in the United States has left many users puzzled and frustrated. The reasons behind this decision remain unclear, but it may be related to Apple’s restrictive policies towards crypto apps. Wallet of Satoshi, known for its Bitcoin Lightning transactions, had been experiencing significant growth and was set to process a record number of payments in November. US customers will now have to rely on alternative Bitcoin Lightning wallets while Wallet of Satoshi determines its future in the country.
By
By
By
By