Coinbase Segwit Implementation is on the Final Stage

According to official Twitter account of popular cryptocurrency company, SegWit compatible Bitcoin sends/receives will be available in the next few weeks
06 February 2018   1074

Coinbase reported on the final testing of Segwit implementation for Bitcoin.

Many of our customers have been asking for SegWit, and we’re working out a way to implement this upgrade safely. We store billions of dollars worth of bitcoin on behalf of customers and any change to our infrastructure is done with significant planning and consideration for the security and stability of our platform.
 

Dan Romero

Vice President and GM, Coinbase

Earlier, bitcoin enthusiasts came crashing at Coinbase that it doesn't support SegWit to solve the problem of expensive and slow transactions in the bitcoin network. Some bitcoins-enthusiasts have blamed Coinbase in Bitcoin's full mempool.

Coinbase to Present Toshi

Company believes that it can be a starting point for decentralized Internet
16 August 2018   403

Coinbase announced the launch of Coinbase Wallet called Toshi, which the company's specialists have been working on for the past year and a half.

According to the company's representatives, Coinbase Wallet should be viewed not simply as a tool for accessing cryptocurrencies, but as a starting point for decentralized Internet.

We believe that the applications of the future will be built on a decentralized internet (the blockchain). Everyone will own a crypto wallet that allows them to access decentralized applications (dapps) and that wallet will be their gateway to the open financial system.
 

Coinbase

Tooshi development started back in April 2017 under the Ethereum messager Token name. Last months the product development was headed by Peter Kim, the founder of the startup Cipher Browser, which was acquired by Coinbase in April this year.

Toshi features:

  • ERC 20 tokens and Ethereum support
  • Airdrop and ICO tokens support
  • Purchasing and storing crypto collectibles
  • Exchange trade

Coinbase Wallet also allows users to send payments anywhere in the world, giving them access to leading decentralized exchanges and decentralized third-party applications.