In response, Armstrong acknowledged the significance of the scalability solution but highlighted the complexities involved in implementing it, calling the process “non-trivial” but “worth doing.” He assured Dorsey that Coinbase is actively exploring the best approach to incorporate Lightning, recognizing the potential for payments to flourish in Bitcoin.
“We’re looking into how to best add Lightning. It’s non-trivial, but I think worth doing. I’m all for payments taking off in Bitcoin. Not sure why you think we’re ignoring Bitcoin – we’ve onboarded more people to Bitcoin than probably any company in the world.” This isn’t the first time Armstrong has been poked online for “ignoring” the Lightning Network. Despite being open to the technology, the exec refrained from disclosing specific details regarding the potential integration of LN with Coinbase or offering any estimated timeline for its implementation.
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