Toshi, the open source decentralized app (DApp) browser and wallet developed by , is now going native to become “Coinbase Wallet,” according to an official Medium post August 15.
The exchange presents the move as more than just a rebranding exercise, suggesting that the wallet will develop over time to offer more functionality than existing crypto wallets and serve as a “gateway” to the decentralized web and an “open financial system.”
Initially, the wallet offers support for (ETH) and , but will reportedly support (BTC), (BCH), and (LTC) “very soon.”
It also allows users to access decentralized exchanges, use third-party dApps, buy and store crypto-collectibles and receive airdrops and tokens from Initial Coin Offerings ().
Coinbase notes that users will be able to store their private keys within their devices, rather than on an external server, which will be secured using the device’s inbuilt security technology, including “secure enclave” and biometric authentication.
Yesterday, Cointelegraph on Coinbase’s new acquisition of an startup that focuses on developing decentralized identity solutions, as the exchange pursues new ways to tackle anonymity, privacy, and other sensitive data issues within the context of an open financial system.
Published at Thu, 16 Aug 2018 21:26:00 +0000
Blockchain
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