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Coinbase Launches Their Own Layer-2 | Weekly Round Up

Inflection Point

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Is This a Great Way to Monetize Coinbase?

Coinbase has a wallet already, CB wallet, that you can use to basically interact with this chain. All of the transaction fees that this chain is going to do are also going to be a source of revenue. There's a little bit of a risk of cannibalization of their legacy business. But man, do I respect this move from Brian and the team? It's a very visionary forward-looking play. Great example of giving up the good to embrace the great. Yeah. Always. Those that resist the new die.

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