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Ethereum L2 Solutions Might Be Added by Coinbase Soon

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Mon, 30/08/2021 - 15:55
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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.

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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.

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

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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