Overview
- Coinbase, the largest U.S. crypto exchange, now supports the Lightning Network, enabling quicker and cheaper Bitcoin transactions.
- The collaboration with Lightspark allows users to conduct Bitcoin transactions in seconds with fees significantly lower than traditional methods.
- Lightning Network, a Layer 2 protocol on the Bitcoin blockchain, was introduced to improve scalability and reduce congestion.
- The integration does not yet include Coinbase Wallet or other services, focusing solely on direct transactions from user accounts.
- Despite regulatory challenges in certain regions, the rollout aims to increase Bitcoin adoption and economic freedom globally.