{"id":76939,"date":"2023-04-10T13:40:17","date_gmt":"2023-04-10T10:40:17","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=76939"},"modified":"2025-09-10T20:20:56","modified_gmt":"2025-09-10T17:20:56","slug":"coinbase-chief-pledges-to-integrate-lightning-network","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/coinbase-chief-pledges-to-integrate-lightning-network\/","title":{"rendered":"Coinbase chief pledges to integrate Lightning Network"},"content":{"rendered":"<p>Coinbase will deploy the Bitcoin micropayment network <a href=\"https:\/\/forklog.com\/en\/news\/lightning-network-faster-cheaper-bitcoin-transactions\">Lightning Network<\/a> (LN) &#8220;in some capacity,&#8221; according to the exchange&#8217;s chief executive officer Brian Armstrong.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">My tweets auto-delete after some number of months, so there is no search history.<\/p>\n<p>Lightning is great and something we\u2019ll integrate.<\/p>\n<p>\u2014 Brian Armstrong (@brian_armstrong) <a href=\"https:\/\/twitter.com\/brian_armstrong\/status\/1644794656570617856?ref_src=twsrc%5Etfw\">April 8, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;LN \u2014 it&#8217;s great, and we&#8217;ll implement it&#8221;<\/em>, the executive promised.<\/p>\n<\/blockquote>\n<p>Armstrong responded to criticism that he &#8220;actively ignores&#8221; the L2 solution for Bitcoin scaling.<\/p>\n<p>One user lamented that the Coinbase CEO&#8217;s Twitter account contains no mention of the Lightning Network. Armstrong attributed this to automatic deletion of tweets.<\/p>\n<p>The Coinbase chief did not provide details or timelines for when the platform would implement the initiative.<\/p>\n<p>The largest US exchange could join Bitfinex, Kraken, OKX and BitMEX, which have already <a href=\"https:\/\/github.com\/theDavidCoen\/LightningExchanges#readme\">\u0438\u043d\u0442\u0435\u0433\u0440\u0438\u0440\u043e\u0432\u0430\u043b\u0438<\/a> LN. Beyond Coinbase, Binance has not yet taken this step.<\/p>\n<p>A year ago, crypto enthusiast David Cohen suggested that adding Lightning Network support could run counter to the business plans of many trading platforms, &#8220;because the priority is listing as many altcoins as possible and following market trends&#8221;.<\/p>\n<p>A day before his pledge, Armstrong promised to send $100 in cryptocurrency to the authors of the most interesting photos and videos concerning the adoption of digital assets in Africa.<\/p>\n<p>One of the prize-winners was a Cointelegraph journalist going by the handle JoeNakamoto, who posted a video of LN usage in Senegal. According to him, he did not see the promised transfer from Armstrong.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Thanks <a href=\"https:\/\/twitter.com\/brian_armstrong?ref_src=twsrc%5Etfw\">@brian_armstrong<\/a>! <\/p>\n<p>But I haven\u2019t received the money ?<\/p>\n<p>I just did a test LN transaction and sent myself 1 Sat so the address is working. <\/p>\n<p>Please note I will give out the $100 in BTC you send me to noobies ? ? <\/p>\n<p>I make YT videos about this <a href=\"https:\/\/t.co\/Riiopoy6Xs\">pic.twitter.com\/Riiopoy6Xs<\/a><\/p>\n<p>\u2014 Joe Nakamoto (@JoeNakamoto) <a href=\"https:\/\/twitter.com\/JoeNakamoto\/status\/1645021692182290433?ref_src=twsrc%5Etfw\">April 9, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In February, Coinbase <a href=\"https:\/\/forklog.com\/en\/news\/coinbase-launches-testnet-for-base-its-l2-on-op-stack\">launched the Base testnet<\/a>. The L2 solution for Ethereum is built on the OP Stack architecture from<a href=\"https:\/\/forklog.com\/en\/news\/what-is-optimism-op\"> Optimism<\/a>.<\/p>\n<p>In March, the exchange disclosed<a href=\"https:\/\/forklog.com\/en\/news\/coinbase-flags-priority-areas-for-base-ecosystem-development\"> priority directions<\/a> for the development of the emerging ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase will deploy the Bitcoin micropayment network Lightning Network (LN) in some capacity, according to the exchange&#8217;s chief executive officer Brian Armstrong.<\/p>\n","protected":false},"author":1,"featured_media":76940,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[757,138,325],"class_list":["post-76939","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-brian-armstrong","tag-coinbase","tag-lightning-network"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/76939","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=76939"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/76939\/revisions"}],"predecessor-version":[{"id":76941,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/76939\/revisions\/76941"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/76940"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=76939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=76939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=76939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}