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Last twelvemonth , Coinbase launched Base , its own layer-2 blockchain . It ’s an challenging project that could profoundly modify not only Coinbase , but also the entire cryptocurrency industry . That ’s why we ’re excited toinvite Jesse Pollak to TechCrunch Disrupt 2024 . He ’s head of protocols at Coinbase . And more importantly , he ’s also the creator ofBase .
When Coinbase participated in Y Combinator ’s startup acceleration program , the company want to become the easy and most secure service to buy , betray , send and receive bitcoins . And over the past 12 years , the company has uprise tremendously — just like the crypto diligence — to become one of the gravid cryptocurrency exchanges in the world and one of the most influential tech company .
But , as the crypto space is mature , many companies are go back to the original premise of cryptocurrencies and blockchains : Everything should be decentralize .
Decentralization is n’t just a buzzword . It means that affair are more transparent for users as on - chain proceedings can more well be tracked and audited . It also create a layer performing airfield for developers , as they can more easily integrate with other product ; it fosters design .
That ’s why Coinbase is pivoting to on - chain products . Base is a inviolable , low - cost and developer - friendly Ethereum layer-2 blockchain . It could be consider as Coinbase ’s most ambitious wager on decentralization .
It serves as the home for all of Coinbase ’s on - chain products but anyone can also ramp up decentralised apps on Base . It is built using open - germ applied science , and more preciselyOptimism ’s OP Stack .
Pollak has been in guardianship of the ambitious Base undertaking at Coinbase . Before this role , he previously led all retail engineering at the company and turn on several projects , such as Coinbase , Coinbase Pro and Coinbase Wallet . Before joining Coinbase , Pollak worked on Clef , a 2FA mobile app . He started his tech calling as a software package engineering houseman at BuzzFeed .
Join us at TechCrunch Sessions: AI
Exhibit at TechCrunch Sessions: AI
He will tell us why Coinbase is run outside of its quilt zone and betting on communications protocol . TechCrunch Disrupt 2024 accept spot on October 28 - 30 in San Francisco . you’re able to buy tickers right on nowand join us for this conversation on what it ’s like to build a layer-2 blockchain and why decentalisation count .