Bitcoin Asked on October 23, 2021
I want to experience the lightning network transactions with my Electrum wallet. But the lightning network is not available, and it shows the following information:
"Lightning is currently restricted to HD wallets with p2wpkh addresses."
What are p2wpkh addresses? I generated my multisig wallet with all the addresses starting with "bc1". Why cannot I use the lightning network with these addresses?
On a principle / technical level I see no reason why it should not work as you propose. However I see engineering Challenges:
Thus I assume it was easier for the electrum developers to restrict themselves to this particular wallet type to be compatible with lightning network.
Answered by Rene Pickhardt on October 23, 2021
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