1 year ago
Coinbase announced a diagnostic connected Nov. 9 that allows users to attest their relationship and state credentials on-chain and entree further benefits.
Coinbase’s help pages bespeak that issued verifications are meant to service arsenic a “trusted badge” that grants entree to on-chain apps and benefits. Coinbase said that verification volition initially supply users with a badge successful Base’s Guild — the rank programme for its second-layer network, Base — positive entree to a backstage Discord channel.
Coinbase added that verification volition soon supply entree to gasless (i.e., feeless) transactions, positive entree to different participating apps connected the Base network. Those upcoming apps see 3 DeFi platforms: Index Coop, Perennial, and Volmex.
Community information from Dune Analytics suggests that Coinbase has issued implicit 9,700 attestations to much than 6,200 unsocial recipients since precocious October.
Coinbase explains information requirements
The remainder of the assistance leafage provides much details. It notes that verifications tin beryllium tied to immoderate self-custodial Ethereum (EVM) wallet code but cannot beryllium transferred to different addresses. A abstracted conception notes that the verification tin beryllium associated with up to 3 addresses, including MetaMask and Coinbase Wallet addresses.
Coinbase said that attesting one’s state of residence is optional but noted that gaining entree to definite apps whitethorn beryllium necessary. It besides assured users that their accusation volition not beryllium published on-chain without their consent.
To verify an relationship on-chain, users indispensable person a Coinbase relationship that is not taxable to buying, selling, and trading restrictions, Coinbase said.
Coinbase added that it yet aims to let 3rd parties to contented verifications utilizing the work and grow the ways successful which users tin beryllium verified.
Verifications are issued done the Ethereum Attestation Service (EAS), an Ethereum assemblage task besides utilized by different projects, including Optimism.
The station Coinbase rolls retired on-chain credential verification utilizing the Ethereum Attestation Service appeared archetypal connected CryptoSlate.
English (US) 