4 ms·
No mention of the time delay between accepting funds and withdrawing the funds. How would a merchant refund the customer in fiat or crypto?
by thesehands 9y ago
No mention of the time delay between accepting funds and withdrawing the funds. How would a merchant refund the customer in fiat or crypto?
- sethgecko 9y agoThey are also working on Lightning Network integration. https://www.youtube.com/watch?v=UtXe-wQyrWw&feature=youtu.be https://www.youtube.com/watch?v=UtXe-wQyrWw&feature=youtu.be
- paulie_a 9y agoDoes lightening address coinbases incredibly long and arbitrary delays in deposits to an actual bank account?
- wereHamster 9y agoNo, lightning (not lightening, btw) addresses the relatively long delays in confirming transactions. Merchants who are unwilling to accept unconfirmed transactions must wait tens of minutes (depending on risk they want to accept). With lightning it's as fast as you can transmit packets through the internet (order of milliseconds).
- haakon 9y agoLightning Ramp isn't a Coinbase project, it just integrates with them.