🧵 1/3 Coinbase CEO, Brian Armstrong announced plans to integrate #Bitcoin Lightning network – a layer 2 network built on BTC to solve scalability issues, offering faster transactions speeds and cheaper fees- according to a tweet April 8th.
🧵 1/3 Coinbase CEO, Brian Armstrong announced plans to integrate #Bitcoin Lightning network – a layer 2 network built on BTC to solve scalability issues, offering faster transactions speeds and cheaper fees- according to a tweet April 8th.
2/3 The Lightning network adoption is prolific; Bitcoin locked in Lightning network hit ATH of 5,490 BTC in February, BitPay reported 18% transactional growth in 2022, Bitcoin fans and stakeholders anticipate Coinbase's integration.
3/3 Coinbase joins rivals like Bitfinex and Kraken to integrate Lightning network. The integration could make the exchange a hotspot for Bitcoin transactions, offering users faster and cheaper services.
This is good news for #hive and its american users and v4v @brianoflondon
Will this work? I'm having trouble with Threads today....