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Coinbase, a leading US crypto exchange, has taken a significant step by partnering with Lightspark to integrate the Bitcoin Lightning Network, enhancing transaction efficiency and scalability. This collaboration allows Coinbase to use Lightspark’s advanced infrastructure and remote-key signing technology for secure and fast Bitcoin transactions. Lightspark’s expertise in Lightning node management and its AI-driven engine, Lightspark Predict, ensures optimized liquidity and higher transaction success rates. This move is set to revolutionize Bitcoin transactions, reducing fees and processing times, especially during peak periods.
Shan Aggarwal, Coinbase’s VP of Corporate & Business Development, expressed enthusiasm about the partnership, emphasizing its potential to overcome payment barriers and promote quicker, cost-effective Bitcoin exchanges. This integration responds to the crypto community’s demand for scalable solutions, marking a milestone for Coinbase and its commitment to enhancing user experience and supporting the Bitcoin network’s growth.