Coinbase Exec Jesse Pollak on the next base symbol – and why can we trust

To understand the reason that the Pollak project is a fasted project, it is useful to return to 2015 when some, in the depths of encryption winter, began about the phrase “Blockchain Not Bitcoin”. The idea, which was popular with the faction of the emerging companies in the encryption industry, saw that it is better to leave Blockchain technology for banks, IBM And other players.

The plan has proven miserable failure. Blockchain-backed projects, such as R3, raised large sums of money, but they failed to take off as critics-well for the largest part-they designed as a rejuvenated database that would give preferential treatment to those who possess them. As it turned out, decentralization, like Bitcoin, was very important.

Pollack says that the Blockchains era of companies, or at least a different base. It has a point in the fact that Pollak is a real encryption citizen, not a blow from the corporate sector, and that design options for the foundation chain reflects the spirit of decentralization.

“We do not want to re -create old systems with new technology. From the first day, we focused on decentralization. Not only the conversation – we have taken real steps. First, we built a base as the Arham L2, not an isolated chain.

Pollak emphasized that the Base is open source and that the series aspires to be an environmental system in Linux used by many different encryption companies. He said it is a big reason Coinbase Plan to launch a icon on the base – as a way to align incentives and symbolic decentralization.

Coinbase started the idea of ​​the symbol symbol’s idea last month, and if it may go forward, it will attract great attention from both builders and speculators. How and when will the distinguished symbol reach?

Pollack was keen in his answer, saying that Coinbase was determined not to rush to spread the distinctive symbol, and that he was not planning to announce the date of issuance anytime soon.

However, he admitted that Token’s launch operations had a turbulent history, and that she had often served to enrich their supporters at the expense of the wider society associated with Blockchain. In response, Pollack said that Coinbase is stepping carefully, while also working with projects on a base that has released its own in a responsible way – including one called Aerodrome, which was “completely fair launch.”

Note that unique unique symbols are unique, so there is no one size that suits everyone. Spotifyand appleAnd YouTube.

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