The users of the popular U.S.-based crypto trading platform Coinbase now have access to the Lightning Network right from their accounts.
This new functionality has not been added by the platform. It has been introduced by Bitrefill, which thanks to its Thor API, now allows the users of the crypto exchange to have access to the Lightning Network from their Coinbase accounts, Bitrefill reported on June 25 through a Twitter post.
The Thor API allows its users to instantly open personalized channels on the LN through Bitrefill nodes even though if the platform, in this case Coinbase, does not offer native support for LN.
The Lightning Network emerged as a solution to the scalability problems of bitcoin's blockchain, allowing users to make off-transactions.
Some Coinbase users have already confirmed that they have been able to use this new functionality without any problem.
Ihodl reported earlier that Coinbase had crashed yesterday night. The platform's API and mobile apps went offline temporarily. It might just be a coincidence, but bitcoin's price dropped around $1,700 while Coinbase was offline.
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