Bitcoin Lightning Network

Bitcoin Lightning: Coming to Coinbase

By Kriptux | Crypto Assets Online | 11 Apr 2023


The news came on April 8 when Brian Armstrong, the CEO of Coinbase, in a post on Twitter praised Bitcoin Lightning and expressed Coinbase's intentions to include it on the platform.

"Lightning is great and something we'll integrate," Armstrong said.

However, he did not specify the date on which this integration would presumably become effective.

Unsurprisingly, this news has been welcomed by Bitcoin fans who are expecting more adoption of the major cryptocurrency as a result of this integration (considering the number of Coinbase users).

The Lightning Network (LN) is a protocol that works as a second layer on top of the Bitcoin (BTC) Blockchain and was designed to improve the scalability of BTC.

Among its main characteristics are those of making possible faster BTC transactions (almost instantaneous), and with fewer fees. In addition, with LN users can make micropayments; even amounts as small as 1 Satoshi.

Some people consider that the characteristics of Bitcoin Lightning could contribute to the mass use of BTC.

 

Disclaimer: The content of this article cannot be considered as investment advice. This content is for informational purposes only.

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Kriptux
Kriptux

Crypto Enthusiast⚡and Digital Content Creator (crypto topic writing). You can follow me on this link: https://allmylinks.com/kriptux


Crypto Assets Online
Crypto Assets Online

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