Coinbase, one of the largest U.S.-based cryptocurrency exchanges, is moving to add support for Lightning Network on its trading platform. Brian Armstrong, CEO of Coinbase, confirmed that the exchange was looking into the best ways to achieve this task, reaffirming his support for bitcoin payments.
Coinbase Mulls Adding Support for Lightning Network
Coinbase, the U.S.-based cryptocurrency exchange, has given an update about the possible integration of Lightning Network operations on its platforms. The Lightning Network is a second-layer scaling protocol for Bitcoin, with the aim of allowing users to benefit from almost real-time transaction times and low fees.
Answering a post where former Twitter CEO Jack Dorsey criticized him for ignoring Bitcoin and the Lightning Network in the payments arena, Coinbase CEO Brian Armstrong stated:
We’re looking into how to best add Lightning. It’s non-trivial, but I think worth doing. I’m all for payments taking off in Bitcoin.
Furthermore, Arms
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