Top US crypto exchange Coinbase says it is ready to support a legitimate proof-of-work (PoW) fork of Ethereum (ETH) after a highly anticipated merge scheduled for September. says.
coin base To tell We would like to consider each future Ethereum fork individually.
Coinbase is committed to fully supporting the upgraded Ethereum PoS (Proof of Stake) chain following The Merge.
Coinbase’s goal is to list all assets that can be legally and safely listed. ETH fork tokens following The Merge will be evaluated on a case-by-case basis in line with our standard asset listing policy.
Rest assured that all potential forked tokens of Ethereum, including PoW forks, go through the same rigorous list review process that goes for any other asset listed on our exchange. . “
In an interview with Rex Fridman late last month, Coinbase CEO Brian Armstrong said that the cryptocurrency exchange’s goals are the company’s security, compliance, and the people behind the project. He said the final goal is to list as many tokens as possible, as long as they meet the criteria.
We also look at some of the compliance, such as the actors behind it and any kind of criminal record. If we believe that we meet all of the above, we would like the market to decide at that point, so we would like to list it.
It’s like Amazon, you might have 3 stars or 5 stars on a product, but when you start getting 1 star consistently, it’s probably fraudulent or defective or something and Amazon says it’s If not, you’ll want to let the market decide what these are
My guess is that there will be millions of these assets over time, so basically I hope every addition in the future doesn’t make the news. “
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