Coinbase Co-Founder: Ethereum Could ‘Blow Past’ Bitcoin
In a sweeping, 2,500-word blog post today, Fred Ehrsam, the co-founder of one of the best funded blockchain startups, Coinbase, took aim at what he called a "stagnant" bitcoin community that he characterized as being outperformed by innovators working on the Ethereum network. Coinciding with the rebranding of the Coinbase exchange and the launch of trading for Ethereum's blockchain token, ether, the public comments are the latest sign that Coinbase leadership remains dissatisfied with what they perceive as a lack of progress among bitcoin’s developers and with the technology as a....
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While Ether has had a bounce in its value buoyed by the successful hard fork, it has also suffered a split with some miners sticking to the discarded Blockchain and starting their own currency called Ethereum Classic. In all of these dramatic happenings, one more piece of news that arrived was the US-based Coinbase exchange’s announcement that they would support the buying, selling, sending and storing of Ether. Coinbase Co-founder praises Ethereum potential. Medium.com carried a blog by Fred Ehrsam, the co-founder of Coinbase which was full of praise for Ethereum. Fred expressed his....
For some market observers, the embrace of Ethereum by exchange and wallet startup Coinbase was a long time coming. Last month, the co-founder of one of the most heavily funded bitcoin startups, Coinbase, announced that its digital currency exchange would start trading ethers, the native cryptocurrency of the Ethereum network. The move came after the startup hosted creator Vitalik Buterin at its headquarters for a presentation on Ethereum. Yet it was the way co-founder Fred Ehrsam released the news – with a complete rebrand to one of the company’s core products accompanied by a strongly....
The announcement from the Coinbase team regarding the distribution of Ethereum Classic has led to a controversial debate amongst Ethereum investors on the Coinbase exchange. The announcement from the Coinbase team regarding the distribution of Ethereum Classic has led to a controversial debate amongst Ethereum investors on the Coinbase exchange. On July 26, the Global Digital Asset Exchange (GDAX), a cryptocurrency exchange operated by the Coinbase team, released a statement to clarify that customers who stored ether on the GDAX platform prior to the Ethereum hard fork will be enabled to....
Coinbase adds Ethereum just a day after a historical and highly successful hardfork. Coinbase customers in 32 countries can now easily directly buy, sell store and send eth from their Coinbase account, making a conversion from btc to eth unnecessary, saving money in conversion fees. The ability to buy eth further extends to a new widget recently announced by Coinbase – Coinbase Buy Widget – which in partnership with other platforms, such as Brave Browser, allows users to buy Eth directly from the browser or website. The service will further expand to Australia in the coming weeks.....
A detailed blow-by-blow of one of the most closely watched governance decisions in the history of DeFi.