2 years ago
“Lightning is large and thing we’ll integrate,” Armstrong said successful effect to an allegation that helium was “ignoring” the network.
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Bitcoin (BTC) layer 2 scaling solution Lightning whitethorn diagnostic connected the cryptocurrency speech Coinbase successful immoderate capacity, according to its main Brian Armstrong.
In a tweet connected April 8, Armstrong said that “Lightning is large and thing we’ll integrate” successful effect to a tweet criticizing him for “actively ignoring” the network.
My tweets auto-delete aft immoderate fig of months, truthful determination is nary hunt history.
Lightning is large and thing we’ll integrate.
Armstrong provided nary further details connected what a Lightning integration with Coinbase would impact oregon erstwhile it could beryllium expected.
Coinbase, on with Binance and the present bankrupt FTX, has been called retired successful the past for not integrating the Lightning network which enables faster and cheaper BTC transactions than the Bitcoin basal network.
According to a GitHub repository by Lightning enthusiast David Coen, Coinbase would articulation Bitfinex, Kraken and OKX arsenic the largest trading platforms to person integrated Lightning, if Armstrong stays existent to his word.
Coen had antecedently suggested that Lightning integration whitethorn spell against the concern program for galore of these trading platforms, “since the precedence seems to beryllium to integrate arsenic galore altcoins arsenic imaginable and travel the trends of the market.”
Armstrong claims to person tested retired a Lightning web exertion successful caller days, and sent Cointelegraph newsman Joseph Hall $100 successful BTC aft Hall shared a video of himself utilizing Bitcoin successful Senegal.
The $100 was a prize by Armstrong for those who shared the “best” examples of however radical are utilizing crypto successful Africa. Hall said helium would springiness distant the funds to onboard others to Bitcoin.
— Joe Nakamoto (@JoeNakamoto) April 7, 2023Hall reported, however, that helium hasn’t received the payment, prompting Bitcoiner Derek Ross to suggest that Armstrong “needs a acquisition connected Lightning.”
Coinbase has lately been much progressive successful the Ethereum ecosystem having launched “Base” connected Feb 23 — an Ethereum furniture 2 application-focused network powered by chap furniture 2 Optimism.
Related: Bitcoin Lightning Network maturation is organic, coming from real-world adoption
Interestingly, Armstrong wrote a “Scaling Bitcoin” nonfiction successful January 2016, wherever helium said that helium would propulsion enactment down Bitcoin scaling solutions:
“We besides did it to amusement our enactment for scaling Bitcoin, and promote things to determination forward, since we’d similar to spot a solution sooner alternatively than later.”Lightning was launched astir 2 years aboriginal successful March 2018, with past period marking the 5th day of the network.
Cointelegraph contacted Coinbase for remark but did not person an contiguous response.
Magazine: Bitcoin successful Senegal: Why is this African state utilizing BTC?
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