While critical inflation data on Bitcoin from the USA is awaited, BTC statements came from Brian Armstrong, CEO of Coinbase, the largest cryptocurrency exchange in the USA.
Sharing on his Twitter account, Coinabase CEO described Bitcoin as the most important cryptocurrency.
Armstrong also confirmed that Coinbase has completed the consultation process on the Bitcoin Lightning Network and has decided to integrate the Bitcoin Lightning Network.
“The Coinbase team did a great job researching this issue and we made the decision to integrate Lightning.
Bitcoin is the most important asset in crypto. At this point, we’re excited to do our part to make faster/cheaper Bitcoin transactions possible.
Integration will take some time, please be patient.”
The team did a great job digging into this, and we’ve made the decision to integrate Lightning. Bitcoin is the most important asset in crypto and we’re excited to do our part to enable faster/cheaper Bitcoin transactions. Will take some time to integrate so please be patient. https://t.co/FneeXkLI25
— Brian Armstrong 🛡️ (@brian_armstrong) September 13, 2023
As you may remember, Brian Armstrong first announced in April that Coinbase would integrate the Lightning Network in the future.
What is Bitcoin Lightning Network?
Bitcoin Lightning Network is a layer 2 payment protocol on the Bitcoin network designed to enable fast and low-cost transactions.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/bitcoin-statement-from-coinbase-ceo/