Coinbase Launches Node Stack, Aims to Attract Web3 Developers
Coinbase launches a new Web 3 development platform to drive the development of gaming, decentralized finance, and non-fungible tokens. At the core of the new platform is a technology called Node that makes it easy for developers to successfully configure and launch a blockchain node, amongst other things.
The Node stack will make it easy for a developer, for example, to synchronize a Web2 frontend with a Web3 backend, even if elements of the product lie outside their core competencies. Coinbase, the largest crypto exchange in the U.S., has had a rough 2022, with Q2 revenue falling $60 million short of analysts’ estimates with reported losses of $1.1 billion. Initially, Node will support Ethereum, with other blockchains set to follow.
Source
https://t.me/DeFi_Ethereum
