Coinbase has partnered with Lightspark to integrate the Bitcoin Lightning Network, aiming to enhance transaction efficiency.
This move leverages the Lightning Network’s swift transaction capabilities to expedite Bitcoin transactions and reduce costs. Lightspark’s software streamlines Lightning Network integration and management, utilizing AI-driven tools to optimize liquidity and routing.
Through the partnership, Coinbase will utilize Lightspark’s remote-key signing feature, allowing for effective scaling while retaining control over Lightning signing keys. Shan Aggarwal of Coinbase expressed excitement about the collaboration’s potential to improve global financial efficiency.
The integration is expected to significantly impact transaction speed and cost reduction, marking a milestone for the Lightning Network and fostering broader cryptocurrency adoption and technological advancement.
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