{"id":28520,"date":"2023-09-13T20:53:32","date_gmt":"2023-09-13T20:53:32","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/09\/13\/coinbase-confirms-plans-of-integrating-the-lightning-network\/"},"modified":"2023-09-13T20:53:32","modified_gmt":"2023-09-13T20:53:32","slug":"coinbase-confirms-plans-of-integrating-the-lightning-network","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/09\/13\/coinbase-confirms-plans-of-integrating-the-lightning-network\/","title":{"rendered":"Coinbase confirms plans of integrating the Lightning Network"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/09\/aleksi-raisa-DCCt1CQT8Os-unsplash-2-min-1-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/09\/aleksi-raisa-DCCt1CQT8Os-unsplash-2-min-1-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/09\/aleksi-raisa-DCCt1CQT8Os-unsplash-2-min-1-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/09\/aleksi-raisa-DCCt1CQT8Os-unsplash-2-min-1-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2023\/09\/aleksi-raisa-DCCt1CQT8Os-unsplash-2-min-1.jpg\" alt=\"coinbase to integrate lightning network\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Coinbase says it&#8217;ll add assist for the Bitcoin Lightning Network.<\/li>\n<li>Cathie Wood praises the crypto alternate for the resolution.<\/li>\n<li>Coinbase shares are down practically 30% versus their YTD excessive.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/coinjournal.net\/exchanges\/coinbase\/\">Coinbase Global Inc<\/a> has determined to combine the Lightning Network that goals at making <a href=\"https:\/\/coinjournal.net\/news\/tag\/bitcoin\/\">Bitcoin<\/a> a viable possibility for sooner and cheaper international funds.<\/p>\n<h2>How lengthy will the integration take?<\/h2>\n<p>The crypto alternate had been exploring including assist for the <a href=\"https:\/\/www.coinbase.com\/learn\/crypto-basics\/what-is-lightning\" target=\"_blank\" rel=\"noopener\">Lightning Network<\/a> since early August. On Wednesday, Brian Armstrong \u2013 its Chief Executive wrote on X (previously Twitter):<\/p>\n<blockquote>\n<p>We\u2019ve made resolution to combine Lightning. Bitcoin is most vital asset in crypto and we\u2019re excited to do our half to allow sooner\/cheaper Bitcoin transactions.<\/p>\n<\/blockquote>\n<p>He didn&#8217;t reveal how lengthy the integration will seemingly take, although.<\/p>\n<p>The announcement arrives greater than a month after Coinbase <a href=\"https:\/\/www.coindesk.com\/business\/2023\/08\/03\/coinbase-shares-jump-as-exchange-beats-analyst-estimates-for-q2\/\" target=\"_blank\" rel=\"noopener\">reported<\/a> its monetary outcomes for the second quarter that handily topped Street estimates. At writing, shares of the crypto firm are down near 30% versus their year-to-date excessive.<\/p>\n<h2>Cathie Wood thumbs up Coinbase for the resolution<\/h2>\n<p>Note that Coinbase Global is taking after Cash App \u2013 the cellular fee service of the California-based Block Inc. Reacting to its announcement right this moment, <a href=\"https:\/\/twitter.com\/CathieDWood\/status\/1701911126290706687\" target=\"_blank\" rel=\"noopener\">Cathie Wood<\/a> of Ark Invest wrote on X:<\/p>\n<blockquote>\n<p>Coinbase\u2019s integration with Lightning will give its 100 million customers an on-ramp to sooner and cheaper bitcoin transactions. Hats off to Coinbase!<\/p>\n<\/blockquote>\n<p>Other notable names who&#8217;ve been vocal of their assist for the Lightning Network embody Michael Saylor \u2013 the Executive Chairman of MicroStrategy Inc.<\/p>\n<p>The former president of PayPal \u2013 David Marcus additionally reiterated dedication this week to turning Bitcoin into a worldwide funds community (<a href=\"https:\/\/coinjournal.net\/news\/lightspark-david-marcus-bitcoin-global-payment-network\/\">find out more<\/a>). The worth of a BTC is at present about 20% beneath its year-to-date excessive.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/coinbase-to-integrate-lightning-network\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Coinbase says it&#8217;ll add assist for the Bitcoin Lightning Network. Cathie Wood praises the crypto alternate for the resolution. Coinbase shares are down practically 30% versus their YTD excessive. Coinbase Global Inc has determined to combine the Lightning Network that goals at making Bitcoin a viable possibility for sooner and cheaper international funds. How [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":28522,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[3],"tags":[465,1073,7963,2067,160,331],"class_list":["post-28520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-coinbase","tag-confirms","tag-integrating","tag-lightning","tag-network","tag-plans","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/28520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=28520"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/28520\/revisions"}],"predecessor-version":[{"id":28521,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/28520\/revisions\/28521"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/28522"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=28520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=28520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=28520"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