Coinbase CEO Brian Armstrong says that the scaling solutions for Ethereum (ETH) have a better adoption rate than Bitcoin’s (BTC) Lightning Network.
In a recent earnings call, Armstrong says that Ethereum’s scaling solutions, such as Polygon (MATIC), Optimism (OP) and Arbitrum (ARB), are seeing heavy adoption.
“We’ve been taking a fresh look at it [Lightning Network], and there’s been a number of really great teams from different companies working on open source solutions and some proprietary ones that are trying to help advance the state of technology there. I think the Layer-2 solutions on Ethereum, like Polygon and Optimism and Arbitrum, Base [Coinbase’s layer 2 network built on Ethereum] is built on one of those, Optimism, have — they’ve actually gotten more adoption.”
According to the Coinbase CEO, scaling solutions can enhance the adoption level by becoming more user-friendly.
“A lot of it comes down to usability challenges as well.
If you’re an average user,
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