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TechFlow reported, according to Decrypt, Coinbase CEO Brian Armstrong said in an interview that he hopes transaction settlement speeds on the platform can be under one second and cost less than one cent. To achieve this, Coinbase will integrate the Lightning Network and "other very fast Layer-1s, such as Solana," onto Bitcoin. Armstrong added that only by moving 99% of transactions to L2 can the goal be realized.
According to Decrypt, Coinbase CEO Brian Armstrong said in an interview that he hopes transaction settlement speeds on the platform can be under one second and cost less than one cent. To achieve this, Coinbase plans to integrate the Lightning Network and "other very fast Layer-1s, such as Solana," onto Bitcoin. Armstrong added that only by moving 99% of transactions to Layer-2 can the goal be realized.
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