Benzinga - by Ramakrishnan M, Benzinga Editor.
More than a month after being asked why Coinbase Global Inc (NASDAQ:COIN) was ignoring Bitcoin‘s (CRYPTO: BTC) Lightning Network by Jack Dorsey, the cryptocurrency exchange’s CEO Brian Armstrong on Wednesday confirmed the layer-2 payment protocol was being implemented for faster and cheaper transactions.
What Happened: “The team did a great job digging into this, and we’ve made the decision to integrate Lightning,” Armstrong posted on social media. “Bitcoin is the most important asset in crypto and we’re excited to do our part to enable faster/cheaper Bitcoin transactions. Will take some time to integrate so please be patient.”
The team did a great job digging into this, and we've made the decision to integrate Lightning. Bitcoin is the most important asset in crypto and we're excited to do our part to enable faster/cheaper Bitcoin transactions. Will take some time to integrate so please be patient. https://t.co/FneeXkLI25— Brian Armstrong