News

Coinbase CEO Reveals Top 10 Crypto Innovations And Predictions For The Future

Key Points:

  • Coinbase CEO, Brian Armstrong, shared his top 10 crypto innovations and predictions for the future.
  • Armstrong emphasizes the importance of building during bear markets.
  • Innovations include Flatcoin, Onchain Reputation, Onchain Ads, and more.
Coinbase CEO Brian Armstrong shares his top 10 crypto innovations and predictions for the future, including Flatcoin and Onchain Reputation.

As the CEO of Coinbase, Brian Armstrong has his finger on the pulse of the crypto industry. In a recent blog post, he shared his top 10 innovations and predictions for the future of crypto.

Armstrong started by emphasizing the importance of building during bear markets. He stated, “We’re building lots at Coinbase, but we don’t have time to tackle everything. So I figured I’d share these. Bear markets are the best time for building – why not start today?”

One of Armstrong’s top innovations is the concept of Flatcoin, a better form of money enabled by crypto. He believes it would be totally decentralized and track consumer prices to preserve purchasing power. It may need to be backed by a basket of assets to track CPI, or use an algorithmic approach.

Another innovation he discusses is Onchain Reputation, which would assign a reputation score to each address or ENS name based on the graph of onchain data. This could be used for lending, ratings on merchants, fraud prevention, and airdrops to VIPs.

Armstrong also envisions a future of Onchain Ads, where smart contracts could expose metadata about what they’re willing to pay to send users to a function call. Wallets and apps with lots of users can choose which ad or referral links to route requests to and share in the upside when they deliver users.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

Recent Posts

Best Cryptos to Buy in December 2024: Qubetics Presale Goes Ballistic as Ethereum and Quant Look to Build Momentum

Best Cryptos to Buy in December 2024: Qubetics ($TICS) presale explodes, Ethereum (ETH) eyes a…

3 hours ago

USDC and CCTP to launch on Aptos, with Stripe adding Aptos support in crypto products

Palo Alto, California, 21st November 2024, Chainwire

5 hours ago

Best Cryptos to Buy: Qubetics Set to Rise, Bitcoin Knocks at $100k Milestone, Avalanche to Release 1.67M Tokens

Best Cryptos to Buy: Qubetics presale rockets ahead, Bitcoin nears $100k, and Avalanche prepares to…

5 hours ago

Ike Goes Live on Mainnet: Unlocking Liquid Staking on Aleph Zero

London, United Kingdom, 21st November 2024, Chainwire

6 hours ago

Native USDC on Aptos Coming Soon to Boost DeFi and P2P Transactions

The move will see developers utilize USDC on Aptos in creating dApps on a wide…

6 hours ago

Coinshift Launches csUSDL, Announces Strategic Partnerships

Abu Dhabi, UAE, 21st November 2024, Chainwire

7 hours ago

This website uses cookies.