Representation of Bitcoin and other cryptocurrencies is seen in this illustration photo taken in Krakow, Poland on June 26, 2023. CEO and co-founder of Block Inc., a provider of financial services and mobile payments, Jack Dorsey stated on Wednesday that he is pleased to collaborate with Coinbase CEO Brian Armstrong to give priority to the growth and adoption of Bitcoin's lightning network. JAKUB PORZYCKI/NURPHOTO/GETTY IMAGES
Financial services and mobile payments company Block Inc CEO and co-founder Jack Dorsey on Wednesday said that he is “happy to partner” with Coinbase CEO Brian Armstrong in order to prioritize the development and adoption of Bitcoin’s lightning network.
What Happened: Dorsey wants to enhance the BTC lightning network, a layer-2 solution for faster and more scalable Bitcoin transactions.
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