The Bitcoin Lightning network, which guarantees faster and cheaper transactions, is attracting growing interest among consumers and companies in the crypto sector. As a result, many platforms, such as Kraken, Bitfinex, BitStamp and OKX, have already adopted it. Recently, on April 8, Brian Armstrong, CEO of Coinbase, praised the merits of this network and shared a news that received praise from several players in the crypto world on Twitter. Find out what it is.
The Bitcoin Lightning Network is Awesome, According to Brian Armstrong
While payment volume is increasing on Bitcoin Lightning, not all crypto businesses have yet adopted the network. In this context, a Bitcoin enthusiast recently tweeted quoting the CEO of crypto exchange Coinbase. He stated : “It’s bizarre how Brian Armstrong actively ignores the Bitcoin Lightning Network. He never tweeted about it. Not even once“. The Coinbase executive did not fail to respond to the tweet stating that he finds the network “awesome“. He added that the American exchange intends to adopt the platform.
Several players have expressed skepticism that Coinbase actually supports the Bitcoin Lightning Network. A twitto quipped about when the crypto exchange will join the network. He said that he hopes the integration will happen before the last bitcoin is mined. That said, the CEO of crypto exchange Coinbase has yet to give no date information of this integration.
The crypto community is in favor of the Coinbase project
Many crypto players reacted positively to the Coinbase CEO’s announcement. Derek Ross, a bitcoin (BTC) holder, praised the project saying, “Adding Lightning support for deposits and withdrawals would be phenomenal“.
Some players encouraged Coinbase to integrate Bitcoin Lightning as soon as possible. They indicated that the exchange could being left with nothing else to offer other than bitcoin (BTC), given the current regulatory framework.
The adoption of Bitcoin Lightning has come a long way in recent years. In the fourth quarter of last year, network growth was 32% higher than in 2021. The platform is adopted almost everywhere in the world. For example, there was recently the launch of the first node of Bitcoin Lightning in Nigeria.
Receive a digest of news in the world of cryptocurrencies by subscribing to our new service of daily and weekly so you don’t miss any of the essential Tremplin.io!
