Coinbase Intends to Integrate Bitcoin Lightning Network; Says CEO

CoinEdition

Published Apr 09, 2023 05:57AM ET

Coinbase Intends to Integrate Bitcoin Lightning Network; Says CEO

  • Brian Armstrong revealed that Coinbase (NASDAQ:COIN) intends to integrate Bitcoin Lightning Network.
  • The Coinbase CEO tweeted that his twitter posts get cleared automatically once every six months.
  • Armstrong’s tweet was a response to Wicked’s concerns about the former’s silence on Bitcoin.

Latest revelations suggested that the leading crypto platform Coinbase intends to “integrate” Bitcoin Lightning Network, to make Bitcoin transactions cheaper and faster.

On April 9, Coinbase CEO Brian Armstrong posted a Twitter note declaring “Lightning is great and something we’ll integrate”:

Significantly, the lightning network has been discovered to improve the easiness of Bitcoin as a cryptocurrency. As the network uses a smart contract for off-blockchain payments, the transfer would become easier and more instant.

The post Coinbase Intends to Integrate Bitcoin Lightning Network; Says CEO appeared first on Coin Edition.

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