Coinbase CEO Brian Armstrong said in an interview that he hopes that the transaction settlement speed on the platform can be less than one second and the cost is less than one cent. To do this, Coinbase will integrate the Lightning Network and “other very fast layer-1s like Solana” on Bitcoin. Armstrong added that the above goal can only be achieved if 99% of transactions occur in L2.

Coinbase CEO Brian Armstrong said in an interview that he hopes that the transaction settlement speed on the platform can be less than one second and the cost is less than one cent. To do this, Coinbase will integrate the Lightning Network and “other very fast layer-1s like Solana” on Bitcoin. Armstrong added that the above goal can only be achieved if 99% of transactions occur in L2.