Coinbase recently embraced Lightning Network technology with support from Lightspark, a Los Angeles-based company specializing in enterprise-grade Lightning Network services. The integration process, initiated in 2021, involved educating Coinbase’s team on the intricacies and implications of the Lightning Network. The protocol specialist emphasized the significance of ensuring team members understood how the technology functions and its relevance to their roles.
The integration lead also highlighted Lightspark’s non-custodial services and ongoing commitment to developing the Lightning ecosystem. However, it should be noted that the new service is currently not available to residents of Canada and New York. In expressing the rationale behind the adoption, the importance of Bitcoin as a key asset in the world of crypto was articulated, with Lightning Network being seen as a natural fit for Coinbase.
