Lightspark Lightning Payment network Integrates with Coinbase

Lightspark Lightning Payment network Integrates with Coinbase

By Novasky | DevPress | 4 Apr 2024


I never thought bitcoin's fee issue would ever be tackled. Then comes the lightning network that changed how the layer 2 worked on bitcoin. And now the small SATS doing the work for the money movement on the chain. This has helped bring value to the networks like Nostr too. In short lightning network is going to be serving on a lot of markets and things would be more value giving as the lightning network gets the nod in most of the exchanges. 

Coinbase has given the nod to the lightning network service called Lightspark. And they would be offering the lightning network payment through coinbase internally and externally for lower fees. 

If you have used the places like Nostr and other bitcoin backed social networks then you may have heard of how the money can be made with the lightning network and how the funds can be moved easily. In that context you can see how the coinbase would benefit too if they had the funds moved in that context. I must say that the way they are trying to save on money it would bring more people using the service and lightning network for those small sats payments. 

As you know the ZEBEDEE is already making use of the lightning network to be used for the in game payments. I would say that it can bring some good results too. I can tell you from the experience that such type of the lightning network service and also the payments on the cheaper cost would in grand scheme of things would surely help. That's what we have to watch out as bitcoin payments have become cheaper with L2 layer apps and the services. 

It's a good progress to see the lightning network making the bitcoin easily move across the places. 

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Novasky
Novasky

Crypto Blogger and Open Source Developer.


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