Generating a unique identifier to receive Lightning Network payments through Electrum 3 involves several steps leveraging the software’s functionalities. This process effectively links a human-readable address (similar to an email address) to a complex Lightning Network invoice, streamlining the payment experience. It requires the user to have an operational Electrum wallet connected to a Lightning Network node.
The advantage of establishing such an address lies in its ease of use and memorability. Rather than sharing lengthy and cumbersome Lightning invoices for each transaction, one can simply provide the identifier, simplifying the payment process significantly. Historically, the complexity of Lightning Network addresses has hindered adoption, and this feature aims to address that barrier by improving the user experience.
