Locked out of Coinbase for the last week 🙄
If your KYC team is gonna:
- invade customer privacy
- require document upload via sketchy phishing-like website
Then at least hire competent support staff k thx
USDC makes money by earning interest on the underlying dollar deposits.
If they don't share revenue with users in a high interest rate environment, a competitor inevitably will.
h/t @MonetSupply
We're excited to announce that Chainlink and the United States Department of Commerce (@CommerceGov) have worked together to bring U.S. government macroeconomic data onchain.
blog.chain.link/united-states-…
These new Chainlink Data Feeds securely deliver critical information around key
Long story but to put this in perspective:
- Coinbase uses ~25% of all ETH blockspace
- With diff. architecture, would use 20-40% less gas
Demand for blockspace is inelastic, so fixing this would mean significantly cheaper DeFi transactions
h/t @ASvanevik for checking my math