Coinbase CEO Brian Armstrong has hinted that the cryptocurrency exchange may integrate Lightning, a layer 2 scaling solution for Bitcoin. In a tweet, Armstrong responded to criticism for not integrating the Lightning network by saying, “Lightning is great and something we’ll integrate.” However, he did not provide any further details on what the integration would involve or when it could be expected.
The Lightning network enables faster and cheaper BTC transactions than the Bitcoin base network, but Coinbase, along with other exchanges such as Binance and FTX, has been criticized for not integrating the technology. If Armstrong follows through on his statement, Coinbase would join Bitfinex, Kraken, and OKX as the largest trading platforms to integrate Lightning.
David Coen, a Lightning enthusiast, had previously suggested that many trading platforms may be reluctant to integrate Lightning because it goes against their business…
