Is the Bitcoin Lightning Network for real?blog.coinbase.com/is-the-bitcoin-lightning-network-for-real-26e47029687f
743 sats \ 17 comments \ @cryptocoin 10 Aug 2022 bitcoin
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338 sats \ 3 replies \ @cryptocoin OP 10 Aug 2022
26 exchanges support Lightning as well, with Kraken, Bitfinex, and Bitstamp being among the most prominent. Robinhood also recently announced an integration for 20M+ users, and P2P marketplace Paxful offers support for its 7M+ users. Users of these exchanges can instantly and inexpensively deposit and withdraw bitcoin to and from any Lightning wallet, increasing the speed and lowering the cost compared to a typical BTC transaction.
This article should not be construed as an indication that Coinbase has imminent plans to add support for Lightning. Rather, a few employees at the company simply found its potential compelling enough to research, write, and share.
Haha ... what a bunch of tools over there at coinbase.
2022 and Coinbase itself doesn't yet have LN deposit and withdraw support yet but their blog posts has to credit 26 competing exchanges.
#DELETECOINBASE
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25 sats \ 2 replies \ @Wil 10 Aug 2022
Coinbase has little incentive to use lightning, let them fall behind to others at their own peril.
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26 sats \ 0 replies \ @5800807734 11 Aug 2022 freebie
Coinbase is beholden to tbeir shareholders. The need to generate fiat revenues, sonthey will prioritize shitcoining
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25 sats \ 0 replies \ @0391398253 10 Aug 2022
Not anymore, just look at their numbers, they need money wherever they can get it.
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203 sats \ 0 replies \ @kr 10 Aug 2022
Great to see Coinbase talking about Lightning.
The fact that they’re exploring the concept despite having access to an endless supply of new tokens to list tells me Lightning is becoming too big for them to ignore.
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135 sats \ 0 replies \ @UlfMoby 11 Aug 2022
Stacker news logo in the article!
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35 sats \ 0 replies \ @nout 10 Aug 2022
There are couple eyebrow raising points in the article, but overall, it's not that bad.
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21 sats \ 0 replies \ @cryptocoin OP 10 Aug 2022
A prior thread, here on SN, shares the Tweet that kicks off the Twitter thread where this blog post was announced:
A new Coinbase post highlighting all of the growth on the Lightning Network #57268 https://twitter.com/Cdempsey44/status/1557370197010423809 https://nitter.it/Cdempsey44/status/1557370197010423809
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26 sats \ 2 replies \ @jb55 11 Aug 2022
This article should not be construed as an indication that Coinbase has imminent plans to add support for Lightning. Rather, a few employees at the company simply found its potential compelling enough to research, write, and share.
A few employees discovered lightning exists and might be useful. Wow they are so clueless over there aren't they.
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20 sats \ 1 reply \ @DemandUtopia 12 Aug 2022
Is this some sort of insider play? Like some Coinbase devs want to build lightning support, but management won't listen, so the devs went over their head and made a public blog post?
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10 sats \ 0 replies \ @cryptocoin OP 12 Aug 2022
Not the devs. This is a venture arm of Coinbase that gets paid to do research. That they published this was kind of interesting though, given Coinbase doesn't offer LN deposit / withdraws and the report shares the names of competitors who do.
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25 sats \ 0 replies \ @ken 10 Aug 2022
Coinbase betrayed bitcoin when they decided to list dozens of shitcoin scams.
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25 sats \ 0 replies \ @0391398253 10 Aug 2022
Bear market hitting hard at Coinbase.
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25 sats \ 0 replies \ @OneOneSeven 10 Aug 2022
Even Robbin'-hood has lightning wtf hahha seriously what are they doing over there. What's the metric for how many new shitcoins get added daily?
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25 sats \ 1 reply \ @faithandcredit 10 Aug 2022
Unbelievable headline on that blog post especially coming from someone who is neck deep in web3 which is a scam
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25 sats \ 0 replies \ @Wil 10 Aug 2022
The article itself is a pretty good overview of where lightning is currently.
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25 sats \ 0 replies \ @Norbert 12 Aug 2022 freebie
Coinbase supported every single hostile hardfork attack on Bitcoin. They simply don't like Bitcoin in the first place.
We should be thankful they took the time to finally support SegWit. Lightning will come when cows fly.
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