Coinbase CEO Brian Armstrong announced today that the crypto exchange will integrate the Bitcoin Lightning Network, a layer-2 solution aimed at enabling faster and cheaper BTC transactions. The decision comes after months of scrutiny from the Bitcoin community, including high-profile critics like Jack Dorsey, co-founder and former CEO of Twitter and CEO of Block Inc.
In a tweet, Armstrong stated, “The team did a great job digging into this, and we’ve made the decision to integrate Lightning. Bitcoin is the most important asset in crypto and we’re excited to do our part to enable faster/cheaper Bitcoin transactions. Will take some time to integrate so please be patient.”
Coinbase Will Integrate The Lightning Network
The announcement by Armstrong came in response to a tweet by Viktor Bunin, a protocol specialist at Coinbase Cloud, who is leading the effort to integrate the Lightning Network into Coinbase’s platform. Bunin tweeted, “Friends, I’m happy to say that I’m leadi
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