Crypto News – With a new relationship with Lightspark, an enterprise-focused Lightning solution run by former PayPal president David Marcus, Coinbase is getting closer to incorporating Bitcoin Lightning on its platform.
Bitcoin Lightning Payments Now Available Through Lightspark and Coinbase Partnership
Brian Armstrong, the CEO of Coinbase, stated in an April 4 X post that the company’s 108 million users will soon be able to take advantage of the integration of the Bitcoin layer-2 network, which might result in faster and less expensive Bitcoin transactions.
More transaction activity will be transferred to Bitcoin’s second layer by “lighting up all Coinbase touchpoints with Lightning,” according to a post by Lightspark on April 3. This will help counteract the recent increase in fees on Bitcoin’s base layer.
About Lightspark
Since its founding in 2022, Lightspark has focused a large portion of its efforts on simplifying the setup and upkeep of Lightning nodes in order to successfully send and receive transactions. In order to optimize liquidity requirements and routing in real time to enhance transaction success rates and finality times, the company also developed Lightspark Predict, an AI-based smart engine.
About Coinbase
A safe online marketplace for purchasing, selling, transferring, and storing cryptocurrencies is Coinbase. The company wants to be the top global brand for assisting individuals in converting cryptocurrency into and out of their local currency and establishing an open financial system for the entire world.
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