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Ethereum L2 Solutions Might Be Added by Coinbase Soon

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Mon, 08/30/2021 - 15:55
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Vladislav Sopov
Leading U.S.-based crypto trading platform Coinbase experiments with integration of Ethereum (ETH) scalability solutions
Ethereum L2 Solutions Might Be Added by Coinbase Soon
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Ethereum (ETH) evangelist Anthony Sassano, founder of The Daily Gwei podcast and co-founder of Ethereum's education resource EthHub, noticed an unusual announcement on Coinbase's website.

Coinbase expands protocol team, Ethereum's L2 solutions are in focus

According to the official announcement by the Coinbase team shared by Mr. Sassano, American cryptocurrency heavyweight Coinbase is hiring developers to grow its Protocol Team.

Coinbase EVP of Engineering Manish Gupta stressed that integrating Ethereum (ETH) scaling solutions will be the number one focus for the new engineers.

As per the announcement, following the integration of Polygon Network (MATIC), Coinbase is going to explore a clutch of next-gen scaling techniques:

Our goal is to explore similar scaling initiatives with L2s such as Optimism, Arbitrum, and Starkware over time.

Also, the progress of Rosetta open source specification will be among the tasks for the new team members of Coinbase.

All eyes on scalability

Then, Coinbase unveiled the agenda of its community grants program. In 2021, it will prioritize devs who contribute directly to blockchain codebase or whitepaper authors focused on a number of crucial themes.

The top priorities of this list include scalability, privacy, identity and "zero-knowledge" research.

Related
US Investment Giant Tiger Global Discloses $665 Million Stake in Coinbase

Also, the projects that address foundational infrastructure and environmental footprints are welcomed in the Coinbase Community Grants Program 2021.

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About the author

Blockchain Analyst & Writer with scientific background. 6+ years in IT-analytics, 3+ years in blockchain.

Worked in independent analysis as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)