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Coinbase finally integrates Bitcoin's Lightning Network!
Coinbase has fulfilled its promise of integrating Bitcoin's Lightning Network, partnering with Lightspark to bring users instant, low-cost bitcoin transfers. This move aligns with their vision of a one-second, one-cent global payments system, challenging the slow and expensive traditional finance model.
With Lightning support, users can opt for faster, cheaper transactions, complementing the existing Bitcoin network. This integration not only enhances user experience but also strengthens the broader Bitcoin ecosystem, with major exchanges like Kraken and Binance already onboard.
Previously, Bitcoin transfers on Coinbase could take hours and incur hefty fees. Now, Lightning enables instant off-chain transactions at a fraction of the cost. While not yet available in all regions, this development marks a significant leap towards mainstream crypto adoption and a more efficient financial future.