Coinbase will Integrate Polygon’s Ethereum Scaling Solution
Through an official announcement, Coinbase confirmed that they will choose Polygon’s Ether based scaling solution to Increase Coinbase user experience.
In a recent official announcement, Coinbase said, they have set up a Coinbase protocol team. The team includes experienced working developers who will make Coinbase’s user experience better through improving it’s scaling solution.
As per announcement, Coinbase is working on the integration of L2 and other scaling solutions to its protocol, so that they can enhance the scaling potential at a better level.
In particular, the Coinbase team said that they will use Polygon’s Ethereum scaling protocol.
The EVP of Engineering at Coinbase, Manish Gupta, stated that Coinbase is facing huge challenges like high fees and long settlement time, so to overcome such problems they will use high scaling & 2 layer solution protocol.
“We hope that we can help level the playing field and ensure retail users don’t get priced out of being able to participate in this burgeoning ecosystem- Our goal is to explore similar scaling initiatives with L2s such as Optimism, Arbitrum, and Starkware over time.”
On Friday, in confirming Sandeep Nailwal, Co-Founder of Polygon said that they are happy that Coinbase is willing to choose Polygon’s Ethereum scaling protocol. And also Sandeep claimed that Polygon’s high scale network with low gas infrastructure will surely help Coinbase user experience.
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