Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Coinbase => Topic started by: RSRS on September 05, 2021, 03:55:44 AM
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Coinbase is working to integrate Polygon’s scaling solution.
Polygon in fact is an Ethereum-based second layer that allows for fast and most importantly very cheap transactions, while waiting for Ethereum to move to Proof-of-Stake (PoS).
Polygon’s own protocol is based on PoS and is already active and used by many users.
Summary
Polygon on Coinbase
The relationship between Polygon, Aragon and NFT
Origin
Aragon
Coinbase to win Bitcoin
Coinbase and Ethereum staking
Polygon on Coinbase
Coinbase has set up a team of experienced engineers focused precisely on scaling solutions for the various blockchains and on community building. The aim is to contribute to open source projects, integrate cutting-edge technologies with Coinbase’s platform and also support developers with the company’s grant programmes.
Coinbase’s EVP of engineering, Manish Gupta, said that the first choice for scaling Ethereum is the Polygon network.
Polygon PoS is already supported by other crypto exchanges and wallets, and scaling with Polygon will help Coinbase lower transaction costs on Ethereum and reduce time, for example by allowing users to withdraw quickly and cheaply.
More Information (https://cryptonews.net/en/news/market/1670715/)