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Coinbase Co-founder Brian Armstrong Announces Intent to Incorporate Lightning Network into Platform

Brian Armstrong, co-founder of Coinbase, has expressed his support for Bitcoin's progress and announced plans to incorporate Lightning into their platform. He refuted claims that Coinbase has ignored Bitcoin, stating that they have onboarded more people to Bitcoin than any other company. Armstrong's comments come amid criticism of Coinbase's alleged neglect of Bitcoin and its Layer 2 technology, Lightning Network, which promises faster and cheaper transactions. Former Twitter CEO Jack Dorsey responded to Armstrong's announcement, initially questioning Coinbase's focus on Bitcoin and Lightning, but later expressing willingness to collaborate. Dorsey reiterated the importance of an open protocol for money transmission, aligning with the philosophy of cryptocurrencies like Bitcoin.

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