Coinbase adopts Bitcoin's Lightning Network, enabling fast, cheap BTC transactions for its 100M+ users in partnership with Lightspark.
, enabling faster and cheaper BTC transactions for its users in the United States . globally by users, trading volume, and custody of assets, Coinbase 's adoption of Lightning is a major win for the Bitcoin scaling solution. Lightning allows near-instant Bitcoin payments with significantly lower fees by moving transactions off-chain.
By partnering with Lightning infrastructure provider Lightspark, co-founded by former PayPal executive David Marcus, Coinbase now gives users the option to withdraw or send Bitcoin via Lightning. Marcus celebrated the milestone, "We're so thrilled to be part of this journey with you to bring Lightning to 100s of millions of people in over 100 countries. Big milestone for the entire network and for Bitcoin.
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