Cryptocurrency Q&A
Which blockchain is Coinbase on?
Which blockchain is Coinbase on?
CryptoEmpire
Sat Sep 21 2024
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7 answers
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I'm curious to know which blockchain platform Coinbase operates on. As a leading cryptocurrency exchange, I'm sure they have chosen a robust and secure blockchain technology to support their services. Is Coinbase built on a single blockchain, or do they utilize multiple blockchains for different purposes? I'd appreciate any insights you can provide on this topic, as it would help me better understand the infrastructure that supports this popular exchange.
7 answers
GinsengBoostPowerBoost
Mon Sep 23 2024
Coinbase Wallet is a versatile digital asset storage solution that caters to a wide range of users. It offers support for multiple blockchain networks, enabling seamless transactions and management of various cryptocurrencies.
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Margherita
Sun Sep 22 2024
Dogecoin, Litecoin, and Stellar Lumens are other notable cryptocurrencies supported by Coinbase Wallet. Each of these assets has its unique features and use cases, catering to different segments of the cryptocurrency market.
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CryptoGuru
Sun Sep 22 2024
XRP, the native token of the Ripple network, is also included in the list of supported assets by Coinbase Wallet. XRP is known for its fast and efficient transactions, making it a popular choice for cross-border payments and remittances.
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CryptoBaron
Sun Sep 22 2024
Among the networks supported by Coinbase Wallet, Ethereum stands out as a prominent player in the decentralized finance space. With its robust smart contract capabilities, Ethereum has become the backbone of numerous DeFi applications and projects.
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Chloe_jackson_athlete
Sun Sep 22 2024
Solana, a high-performance blockchain network, is another addition to the Coinbase Wallet's supported networks. With its innovative proof-of-history consensus mechanism, Solana is able to process thousands of transactions per second, making it an attractive option for developers and users alike.
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