{"id":164103,"date":"2024-04-03T18:07:15","date_gmt":"2024-04-03T18:07:15","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=164103"},"modified":"2024-04-03T18:07:18","modified_gmt":"2024-04-03T18:07:18","slug":"coinbase-selects-lightspark-to-introduce-bitcoin-lightning-network-for-instant-low-cost-transfers","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/coinbase-selects-lightspark-to-introduce-bitcoin-lightning-network-for-instant-low-cost-transfers\/","title":{"rendered":"Coinbase Selects Lightspark to Introduce Bitcoin Lightning Network for Instant, Low-Cost Transfers"},"content":{"rendered":"<p>TL;DR<\/p>\n<ul>\n<li style=\"text-align: justify\"><strong>Coinbase and Lightspark join forces to integrate Bitcoin&#8217;s Lightning Network<\/strong>, enhancing cryptocurrency transactions.<\/li>\n<li style=\"text-align: justify\">Lightning Network is a second-layer solution addressing the <strong>scalability and speed challenges of the Bitcoin network.<\/strong><\/li>\n<li style=\"text-align: justify\">Lightspark has been working on developing its platform for almost two years,<strong> focusing on providing enterprise-grade access to the Lightning Network.<\/strong><br \/>\n<hr \/>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify\"><strong><a href=\"https:\/\/crypto-economy.com\/coinbase-review\/\" target=\"_blank\" rel=\"noopener\">Coinbase<\/a> and Lightspark are <a href=\"https:\/\/www.lightspark.com\/news\/coinbase-selects-lightspark\" target=\"_blank\" rel=\"noopener\">teaming up<\/a> to integrate Bitcoin&#8217;s Lightning Network, marking a significant leap towards improving cryptocurrency transactions.<\/strong> This collaboration aims to provide Coinbase users with <strong>faster and more cost-effective Bitcoin transactions<\/strong> by implementing the Lightning Network.<!--more--><\/p>\n<p style=\"text-align: justify\"><strong>The Lightning Network is a second-layer solution designed to address the scalability and speed challenges of the Bitcoin network<\/strong>. By building a network of payment channels off the main <a href=\"https:\/\/crypto-economy.com\/sell-bitcoin\/\" target=\"_blank\" rel=\"noopener\">BTC<\/a> chain, it enables quicker and more economical transactions while <strong>maintaining the inherent security of the Bitcoin blockchain.<\/strong><\/p>\n<p style=\"text-align: justify\"><strong>Coinbase has recognized the importance of enhancing user experience<\/strong> by offering more efficient transactions and, consequently, better service. By partnering with <strong>Lightspark, specialized in Lightning Network implementation<\/strong>, it aims to effectively and securely implement this solution on its platform. It&#8217;s noteworthy that Lightspark has been working on developing its platform for almost two years, <strong>focusing on providing enterprise-grade access to the Lightning Network.<\/strong><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-76618\" src=\"https:\/\/crypto-economy.com\/es\/\/wp-content\/uploads\/sites\/4\/2023\/12\/coinbase-news-1.jpg\" alt=\"coinbase post\" width=\"825\" height=\"300\" \/><\/p>\n<h2>Coinbase and Lightspark Play a Crucial Role in Bitcoin<\/h2>\n<p style=\"text-align: justify\">Lightspark&#8217;s technology, including its AI-based intelligent engine L<strong>ightspark Predict, will play a crucial role in optimizing liquidity and transaction routing on the Lightning Network.<\/strong> This will ensure high success rates in transactions and a seamless experience for Coinbase users.<\/p>\n<p style=\"text-align: justify\">The collaboration comes at a crucial time, as<strong> the need for more efficient transaction solutions is more evident than ever<\/strong>. Undoubtedly, it will pave the way for broader adoption of this technology and contribute to the growth and maturity of the crypto ecosystem as a whole.<\/p>\n<p style=\"text-align: justify\">Coinbase and Lightspark take a crucial step in Bitcoin&#8217;s evolution towards improving its ecosystem and the crypto industry. It will greatly benefit exchange users and promote global adoption of the Lightning Network.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Coinbase and Lightspark join forces to integrate Bitcoin&#8217;s Lightning Network, enhancing cryptocurrency transactions. Lightning Network is a second-layer solution addressing the scalability and speed challenges of the Bitcoin network. Lightspark has been working on developing its platform for almost two years, focusing on providing enterprise-grade access to the Lightning Network. Coinbase and Lightspark are &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Coinbase Selects Lightspark to Introduce Bitcoin Lightning Network for Instant, Low-Cost Transfers\" class=\"read-more button\" href=\"https:\/\/crypto-economy.com\/coinbase-selects-lightspark-to-introduce-bitcoin-lightning-network-for-instant-low-cost-transfers\/#more-164103\" aria-label=\"More on Coinbase Selects Lightspark to Introduce Bitcoin Lightning Network for Instant, Low-Cost Transfers\">Read more<\/a><\/p>\n","protected":false},"author":34,"featured_media":164104,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[100,70,74],"tags":[4602,4620,4642,4656,4748],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/164103"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=164103"}],"version-history":[{"count":1,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/164103\/revisions"}],"predecessor-version":[{"id":164105,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/164103\/revisions\/164105"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/164104"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=164103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=164103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=164103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}