Coinbase CEO Brian Armstrong and former Twitter CEO Jack Dorsey recently had a friendly conversation on Twitter about the potential and future of Bitcoin and its Layer-2 solution, the Lightning Network. The conversation highlights the growing interest in Layer-2 solutions for Bitcoin. Dorsey suggested that Coinbase should allocate more resources towards Bitcoin and Layer-2 technologies and promoted the concept of an open protocol for monetary transmission. The Lightning Network is a Layer-2 solution that addresses scalability concerns with Bitcoin by processing transactions outside of the main Bitcoin network, making transactions almost instant and essentially free.
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