Nayuta started Lightning Network trial promotion

UK
Nayuta Blog (English)
3 min readMar 13, 2023
Nayuta Wallet Logo

We have launched a limited promotion for only 300 people, to experience Lightning Network easily.
Let’s earn bitcoin by playing games and send bitcoin via Lightning Network.

During the promotion period, all you have to do is download Nayuta Wallet and sign up for the campaign through wallet to experience Lightning Network!
Nayuta Wallet allows you to receive Bitcoin earned in the puzzle game Lightning Crush. For more information, see the blog below.

Download Nayuta Wallet from application store!

Note:

The promotion is open to new Nayuta Wallet downloaders and those who have already downloaded Nayuta Wallet but have not yet started using it.

If you are inactive on Nayuta Wallet for a long period of time, you may be required to deposit a certain amount of bitcoin again to re-activate Nayuta Wallet. In this case, a fee will be charged. You will not lose any bitcoin even if you are inactive on Nayuta Wallet for a long period of time.

About Nayuta Wallet

Nayuta Wallet is a Lightning Network compatible wallet that allows you to send and receive Bitcoin faster and at lower fees. You can receive Bitcoin which you earned from Lightning Crush, SaruTobi and other games that will be available in a future update.

How Nayuta Wallet works

Normally, to use Nayuta Wallet, you will need to deposit a certain amount of Bitcoin into Nayuta Wallet in advance. A small fee is also be charged.
During the promotion, you do not need to deposit in advance and there are no fees.

We will explain the reason why you need to make a deposit, why you need to pay a fee?

The Lightning Network allows you to send Bitcoin faster and at lower fees, but it requires some preparation. By creating a payment route in advance, known as a channel, the Lightning Network enables instant payment within the amount of Bitcoin to be deposited at the time of channel creation. As Channels are very difficult to manage, Nayuta Wallet automatically creates and manages them on behalf of the user. Also, the creation of a Channel requires a Bitcoin transfer, which inevitably incurs a Bitcoin transfer fee.
As described above, channel creation is required before using the Lightning Network. So by depositing a certain amount of Bitcoin into Nayuta Wallet in advance, we automatically create a channel and the user pays fees for it.

However, this system does not allow Bitcoins won in games such as Lightning Crush and SaruTobi to be immediately received in Nayuta Wallet. This is because Bitcoin won in these games is often a small amount, so we cannot create a channel. In order to receive Bitcoin you have won in the games in Nayuta Wallet, you need to buy Bitcoin on a crypto exchange and then deposit them into Nayuta Wallet in advance. This is not an easy task for those who do not have Bitcoin yet.

With this promotion, we hope to make it easier for people to enjoy sending and receiving Bitcoin over the Lightning Network.

If you have any questions about the promotion or Nayut Wallet itself, we are open on Telegram. Please feel free to join us and contact us using the link below.

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