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Author Topic: Coinbase Taking ERC20 Seriously  (Read 226 times)
Divinityxd (OP)
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April 14, 2018, 12:19:55 PM
 #1

After announcing the ERC20 tokens support, Coinbase has made a move in that direction by acquiring its small competitor Cipher Browser. Similar to Coinbase’s Toshi, Cipher Browser is a mobile ethereum wallet and a Dapp browser whose team will combine with that of Toshi’s after the acquisition.

Continue Reading: https://coingape.com/coinbase-taking-erc20-business-acquires-cipher-browser/
rayk
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April 14, 2018, 12:29:40 PM
 #2

People will start to use erc20 tokens more than bitcoin, with the increasing dapps and there will be need for such useful wallets. Coinbase's listing erc20 tokens is indeed very important.
gon
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April 14, 2018, 12:30:37 PM
 #3

It was about time!

They are supporting just few coins for a very long time. If they open themselves to the token business, they will multiply their clients within few months for sure.
LeroyBro
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April 14, 2018, 12:32:55 PM
 #4

Awesome news. I truly think ETH is the future so hope this will cause more people to start using it.

============== Interested in ICOs ==============
macit800
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April 14, 2018, 01:48:21 PM
 #5

It is good news. Mostly the new ICOs are all an ERC20 token so it is important that Coinbase support it for in the future. For now is it a good signal that Coinbase take it serious.

lifesgood10
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April 14, 2018, 01:56:53 PM
 #6

After announcing the ERC20 tokens support, Coinbase has made a move in that direction by acquiring its small competitor Cipher Browser. Similar to Coinbase’s Toshi, Cipher Browser is a mobile ethereum wallet and a Dapp browser whose team will combine with that of Toshi’s after the acquisition.

Continue Reading: https://coingape.com/coinbase-taking-erc20-business-acquires-cipher-browser/

I think coinbase is making a very bold and brave move
This will spread crypto currency through out USA and all over the world
Therefore promoting crypto currency and acquiring Moreno investors

I support their motives
promiseme
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April 14, 2018, 02:04:34 PM
 #7

This is why the price of eth is going to skyrocket and be over 2k soon.
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April 14, 2018, 02:06:43 PM
 #8

Nice moves from Coinbase. Cypher wallet is really well done and with this news I hope altcoins will rise their value.
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April 14, 2018, 02:13:40 PM
 #9

Yes they seem to be giving some important steps toward ERC20 tokens adoption, but I don't think they will start be listing them right now. Maybe they just want be prepared in case a very good token shows up and they don't need to rush things in order to list the token. They already said they will probably list a new coin during this year, and with these moves they will be able to list anything.

I still don't see them listing anything that doesn't have a decent trading volume, but if we consider that EOS and Tron have a bigger volume that bitcoin cash for example, then it probably makes sense that they are starting to take tokens more seriously.

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barnes13
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April 14, 2018, 02:26:26 PM
 #10

It will be even better if coinbase also opens their services besides USA, erc20 will become more popular with this news and ETH will be a potential alternative after Bitcoin.
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April 14, 2018, 02:30:49 PM
 #11

After announcing the ERC20 tokens support, Coinbase has made a move in that direction by acquiring its small competitor Cipher Browser. Similar to Coinbase’s Toshi, Cipher Browser is a mobile ethereum wallet and a Dapp browser whose team will combine with that of Toshi’s after the acquisition.

Continue Reading: https://coingape.com/coinbase-taking-erc20-business-acquires-cipher-browser/

Good move on Coinbase's side. Supporting ERC20 tokens is something every decent exchange and wallet should provide imo. It is profitable for them in the first place but also convenient for their customers.

While reading news on the subject I came across this Scam Alert (in the link below) which I think might be useful for some people. Never ever post your login info and especially private keys on any site however credible they might appear.

https://cryptoslate.com/scam-alert-fake-coinbase-erc20-support-email-attempts-to-phish-private-keys/


 
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blogardianz
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April 14, 2018, 02:32:38 PM
 #12

After announcing the ERC20 tokens support, Coinbase has made a move in that direction by acquiring its small competitor Cipher Browser. Similar to Coinbase’s Toshi, Cipher Browser is a mobile ethereum wallet and a Dapp browser whose team will combine with that of Toshi’s after the acquisition.

Continue Reading: https://coingape.com/coinbase-taking-erc20-business-acquires-cipher-browser/

Honestly, this is very good news for Ethereum platform ecosystem. ICO project has more choices to listed their token after ICO end.
I hope the listing fee is not expensive.

mithrim
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April 14, 2018, 02:34:08 PM
 #13

We need to keep in mind that this - while being an enormous opportunity - also leads to more confusion as nowadays Coinbase users don't need to understand the difference between a token and a coin and that the one doesn't work without the other. I hope Coinbase has a solid plan as on how to best introduce this topic to their customers, else there could be a rough awakening for some  Cheesy
Haley craft
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April 14, 2018, 02:35:09 PM
 #14

This is good news for the application of ETH ecology, which means that ERC20 tokens may appear in Coinbase.
But for now, most ERC20 tokens have no value.

AshCoins
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April 14, 2018, 03:38:21 PM
 #15

What I think is the biggest takeaway from Coinbase adding ERC tokens is that they are 100 percent confident that there are tokens out there that could not be considered a security.   And that’s great for the market overall.
fabioruiz
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April 14, 2018, 03:39:28 PM
 #16

Great coinbase move. Let´s see what happens now.
fransbenotius
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April 14, 2018, 03:41:14 PM
 #17

If coinbase really do that it will give a good effect to crypto currency world because we can easily use this app and the app is good too. I think coinbase can help others to introduce people about bitcoin because coinbase have a good team so we can trust them to spread the good news about coin
Endikadija
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April 14, 2018, 03:41:36 PM
 #18

After announcing the ERC20 tokens support, Coinbase has made a move in that direction by acquiring its small competitor Cipher Browser. Similar to Coinbase’s Toshi, Cipher Browser is a mobile ethereum wallet and a Dapp browser whose team will combine with that of Toshi’s after the acquisition.

Continue Reading: https://coingape.com/coinbase-taking-erc20-business-acquires-cipher-browser/
CEO of coinbase already announced if the only ERC20 asset that meets all of the requirements to be listed on the coinbase sister exchange called GDAX but he said there is no exact time when the decision to add ERC20 asset in the coinbase platform.
This looks weird consider about in the fact that coinbase still not added anything soon. This just another rumour i guess.
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April 14, 2018, 05:10:45 PM
 #19

Coinbase is in the process of identifying the ERC20 based tokens that they will be added on their platform. They are dead serious about it but ofcourse will not give any hints that which coins will be added. Lots of people think that 0x will be added because of the team which is involved in the project, but I think BAT is a more obvious choice.

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April 14, 2018, 05:13:24 PM
 #20

Some nice movements for the market and for alts especially  Wink

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