Coinbase confirms plans of integrating the Lightning Network

2023-9-14 23:35

Coinbase says it will add support for the Bitcoin Lightning Network. Cathie Wood praises the crypto exchange for the decision. Coinbase shares are down nearly 30% versus their YTD high.

Coinbase Global Inc has decided to integrate the Lightning Network that aims at making Bitcoin a viable option for faster and cheaper global payments.

How long will the integration take?

The crypto exchange had been exploring adding support for the Lightning Network since early August. On Wednesday, Brian Armstrong – its Chief Executive wrote on X (formerly Twitter):

We’ve made decision to integrate Lightning. Bitcoin is most important asset in crypto and we’re excited to do our part to enable faster/cheaper Bitcoin transactions.

He did not reveal how long the integration will likely take, though.

The announcement arrives more than a month after Coinbase reported its financial results for the second quarter that handily topped Street estimates. At writing, shares of the crypto company are down close to 30% versus their year-to-date high.

Cathie Wood thumbs up Coinbase for the decision

Note that Coinbase Global is taking after Cash App – the mobile payment service of the California-based Block Inc. Reacting to its announcement today, Cathie Wood of Ark Invest wrote on X:

Coinbase’s integration with Lightning will give its 100 million users an on-ramp to faster and cheaper bitcoin transactions. Hats off to Coinbase!

Other notable names who have been vocal in their support for the Lightning Network include Michael Saylor – the Executive Chairman of MicroStrategy Inc.

The former president of PayPal – David Marcus also reiterated commitment this week to turning Bitcoin into a global payments network (find out more). The price of a BTC is currently about 20% below its year-to-date high.

The post Coinbase confirms plans of integrating the Lightning Network appeared first on CoinJournal.

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Источник: coinjournal.net

coinbase lightning → Результатов: 55


Фото:

Out of Testnet and Into Alpha: Lightning Labs’ Desktop Application Is Live

Lightning Labs just released an alpha version of its Lightning Network wallet. The desktop application is now compatible with Bitcoin’s mainnet and it leverages Neutrino (the protocol, not the analytics company acquired by Coinbase) to give users a lightweight option to “control their own funds,” as opposed to running a full node or trusting a third party to play custodian.

2019-4-24 01:38


Стартап Moon открыл возможность покупать товары на Amazon за биткоины

Клиенты онлайн-маркетплейса Amazon смогут приобретать товары за криптовалюты биткоин, Litecoin и Ethereum. Для этого необходим Lightning-кошелек или аккаунт на бирже Coinbase. Как сообщает CoinDesk, разработчики процессингового сервиса Moon создали браузерное расширение, способное взаимодействовать с любым кошельком, поддерживающим технологию Lightning Network (LN).

2019-4-23 11:29


Amazon скоро будет готов принимать Bitcoin-платежи

Компания по обработке криптовалютных платежей Moon сообщила, что любой электронный кошелек с поддержкой Lightning Network, можно будет использовать через расширение браузера компании. Ранее Moon предоставила возможность около 250 пользователям протестировать ее бета-версию по использованию криптовалютных платежей на сайтах электронной коммерции, подключив их через биржевые аккаунты, такие как Coinbase.

2019-4-23 10:43


Amazon начнет продавать товары за криптовалюту

К оплате будут приниматься Bitcoin, Litecoin и Ethereum. Для онлайн-шопинга потребуется цифровой кошелек с поддержкой Lightning Network или аккаунт на бирже Coinbase Рассчитываться криптовалютой за покупки на Amazon теперь можно с помощью технологии стартапа Moon, сообщает CoinDesk.

2019-4-23 08:00


Фото:

No More Coinbase and BitPay: Process Your Own Bitcoin Payments for $6 a Month

Merchants can now use a Bitcoin full node to process their own payments via the BTCPay server for under $6 a month — with or without Lightning Network functionality.   Removing Microsoft Azure Reliance A guide to the solution from creator and Bitcoin developer Nicolas Dorier published August 18 explains how merchants who want to accept payments without banking formalities can now do so entirely independently.

2018-8-19 22:00


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