Key Points:
Coinbase Verifications is built on the Ethereum Attestation Service (EAS) open standard, offering a public and composable solution that streamlines the user experience without compromising security. Users can add sybil-resistance to various applications, such as airdrops, quests, social apps, or gaming platforms, thanks to this feature.
This new functionality is a set of Coinbase-verified on-chain attestations that grant access to apps and other on-chain benefits. By aligning with EAS, Coinbase Cloud ensures transparency and reliability for its users. EAS is an open-source public good included as a pre-deploy in the OP Stack.
Coinbase Cloud’s mission is to simplify blockchain infrastructure for crypto projects. The platform offers products like “Wallet as a Service,” making it accessible even to companies with little prior blockchain experience. Its user-friendly interface facilitates the installation of applications, wallet management, and communication with blockchain networks.
In a recent move, Coinbase Cloud democratized Ethereum (ETH) staking by integrating Kiln’s On-Chain Staking platform. This integration allows Coinbase Cloud customers to stake any amount of ETH, regardless of the 32 ETH threshold required for solo staking on Ethereum 2.0.
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.
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