Private stablecoin transactions on the Ethereum layer-2 Base are getting closer to becoming viable, according to Coinbase CEO Brian Armstrong. This might provide a much-needed boost to privacy on public blockchains. Coinbase purchased crypto privacy...
Coinbase is moving closer to enabling private stablecoin transactions on its Ethereum layer-2 network, Base, after its acquisition of privacy platform Iron Fish.
Coinbase CEO Brian Armstrong credited the company’s acquisition of Iron Fish in March to drive the effort, though there are questions about how private the transactions really will be.
Privacy is crucial in the present modern-day world, especially in emerging technologies like blockchain. Even though the blockchain technology is efficient, immutable, and secure, it still needs further improvements as it is in early stages of...
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