Could you elaborate on the crypto network utilized by Coinbase? I'm particularly interested in understanding the technological infrastructure behind it. Do they host their own blockchain or rely on existing ones? Are there any specific security measures implemented to safeguard transactions and user data? Additionally, how does Coinbase ensure the scalability and efficiency of their network to handle the increasing demand for crypto services? Answers to these questions would help me gain a deeper understanding of the crypto network used by Coinbase.
7 answers
Leonardo
Mon Jul 22 2024
In addition to Ethereum, Solana is also supported by Coinbase Wallet.
KpopStarletShineBrightness
Mon Jul 22 2024
Coinbase Wallet, a leading digital asset storage solution, offers extensive support for various networks.
BlockchainEmpiress
Mon Jul 22 2024
Solana, a high-performance blockchain, offers scalability and speed that are crucial for digital asset transactions.
Raffaele
Mon Jul 22 2024
Among the networks supported by Coinbase Wallet, Ethereum stands out as one of the most popular.
Maria
Mon Jul 22 2024
Furthermore, Coinbase Wallet supports all EVM-compatible networks. This includes a range of blockchains that are interoperable with Ethereum's Virtual Machine.