Coinbase announced facilitating access to Ethereum-based decentralized applications directly through the Coinbase app.
This update will enable eligible app users to purchase NFTs on marketplaces such as the recently launched Coinbase NFT or OpenSea, trade on decentralized exchanges, and start borrowing, lending, or swapping through DeFi platforms like Compound.
Web 3 on Coinbase App
As revealed by Coibase’s director of product management Rishi Dean, the Web 3 capabilities on Coinbase’s new dapp wallet and browser are operated with multi-party computation (MPC) technology that enables users to have a dedicated on-chain wallet. If they lose their device, the key to the dapp wallet is protected from any compromise, and Coinbase can assist in recovery.
Currently, the new dapp wallet and browser experience are only available to select Android users in the United States, but the company plans to deploy the functionality to all customers in the coming days. Dean stated,
“We want to enab
We współpracy z: https://cryptopotato.com/coinbase-announces-web3-functionality-to-small-subset-of-users/
