Wouldn't it be the best interest of Coinbase to optimize and reduce their onchain costs. It seems like the incentive is there so are we missing something, perhaps there's a different tradeoff like complexity, security, functionality? Has anyone talked to the coinbase devs about this.
I imagine that it would be worth it in the long-run for them to do it but given how large of an organization they are it'd probably cost them a lot of time and human capital.
It's also the case for many projects doing airdrop, or fair distribution, or yield farming. Right now lots of projects send tokens directly or create a claim system where on has to spent precious gas in order to get the tokens.
There is a little bit of normality biais there but once a decent solution (L2 ?) will be found projects that still adopt the classic style will start to be criticized. Until now though it sounds like it has been a secondary topic for most projects.
Wouldn't it be the best interest of Coinbase to optimize and reduce their onchain costs. It seems like the incentive is there so are we missing something, perhaps there's a different tradeoff like complexity, security, functionality? Has anyone talked to the coinbase devs about this.
I imagine that it would be worth it in the long-run for them to do it but given how large of an organization they are it'd probably cost them a lot of time and human capital.
Coinbase is "jack of all, master of nothing" when come to their products suit
It's also the case for many projects doing airdrop, or fair distribution, or yield farming. Right now lots of projects send tokens directly or create a claim system where on has to spent precious gas in order to get the tokens.
There is a little bit of normality biais there but once a decent solution (L2 ?) will be found projects that still adopt the classic style will start to be criticized. Until now though it sounds like it has been a secondary topic for most projects.