While Armstrong states that the process is essential to maintaining a responsible business, he does admit the vetting must be done quickly. The current process for evaluating new assets to list on Coinbase requires analyzing legal and security compliance along with a number of other related risks. One such goal is the desire to add more assets to Coinbase and to add new coins much faster than the current speed. The post by Armstrong touched upon a few other projects and goals that Coinbase has set forth aside from the dApp store. The blog did not state any timeframe for the launch of the App Store. Coinbase’s users will be able to access the store via integration between the marketplace and their current wallets on Coinbase’s exchange. While they are free from any control, they are also free from having a place to be found other than searching the old-fashioned way. Thousands of computers globally share their computing power and almost as many dApps are already in circulation. dApps differ from traditional mobile apps because they do not operate on centralized infrastructures, but use pooled resources. Coinbase will try to give its users access to all of these dApps from one central location. Armstrong goes on to state that there are tens of billions of dollars passing through dApps and innovations are coming in hot and fast.
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