Tag: decentralized application

Coinbase CEO Armstrong and Tech Giant Apple Butt Heads over Crypto and dApps

Coinbase CEO Brian Armstrong has publicly voiced his disappointment over Apple’s seeming lack of flexibility over enabling decentralized application (dApp) browsers operating off its App store. 

Coinbase to Potentially Remove App from Apple

The American coin exchange CEO had previously announced to its users that Coinbase’s mobile wallet may potentially be removed from Apple’s App store. The Coinbase iOS compatible application enabled users to buy, sell and send cryptocurrencies, but due to Apple’s guidelines, the developers behind the Coinbase crypto wallet application were forced to revise the app’s features and amend it. Apple appeared to dislike the DApp browser feature that came with the crypto wallet application, and so Coinbase was forced to drop the functionality from its mobile wallet application that was offered on Apple’s App store.

CEO of Coinbase Armstrong publicly explained his stance and called out Apple’s reluctancy to embrace cryptocurrencies and dApps. He said: 

“Apple has been very restrictive and hostile to cryptocurrency over the years. They’re still blocking some functionality right now, including the ability to earn money with cryptocurrency by completing tasks, and unrestricted dApp browsers.” 

Coin exchange giant Coinbase had announced in December that it may potentially have to remove its dApp browser functionality, as Apple was not happy with it. and it did not respect the policy guidelines imposed by Apple. The news came after both Apple and Google had declared that they wanted to remove dApps entirely from their respective app store platforms. Google had carried out its wishes by taking down Ethereum-based decentralized application browser Metamask from Google Play Store. 

Apple Grilled on App Store from US Congress

Tech giant Apple had recently come under fire for how it handled the App store. In an antitrust hearing that occurred in June, Apple along with its counterparts, Facebook, Google, and Amazon were subject to an antitrust hearing with US Congress. Capitol Hill had been meaning to update its regulatory policies revolving around the tech industry and had been building a case on the “Big Four” tech firms for quite a while, as many rival companies have complained about the unjust leverage of power that the four tech giants used to overturn competition in the industry. 

For Apple, lawmakers grilled the company for the way it handled its App store and opposing firms that offered similar products. The Judiciary Committee also confronted Apple on its policy of taking a cut of 30% in commission for its in-app sales and subscriptions. This has greatly impacted Spotify, who appears to feel as if a large scale of its revenue is being surrendered to the American multinational tech company. 

Algorand for Scalable Blockchain, DeFi & DApps

With the continuing growth of decentralized applications, a scalable blockchain is highly sought after by developers. Algorand Foundation recently launched a comprehensive smart contract protocol that enabled decentralized finance (DeFi) developers to create DeFi solutions and Dapps on a highly scalable blockchain. The base layer, Algorand protocol, boasts of high security and appears to be the first pure Proof-of-Stake (PoS) blockchain protocol to be launched. 

The rise of DeFi had led to many more decentralized applications (DApps) being created and innovatively integrated into blockchain ecosystems for general trading, storage use, and much more. In Coinbase CEO Armstrong’s opinion, the future is inevitably moving towards crypto adoption on a global scale. Coinbase’s Armstrong is a strong cryptocurrency advocate and thinks that with digital assets set in place, “basic economic rights” can finally be accessed by people worldwide, even those in poorer countries. 

The debate between Coinbase and Apple continues, as Armstrong is very adamant that Apple is too restrictive over cryptocurrencies. To him, digital assets can only mean good things and are the step to take in order to revolutionize the economic landscape globally. 

Coinbase's Base Bootcamp Launches to Address Onchain Developer Shortage

Base, Coinbase’s Ethereum layer-2 network, has announced the beginning of Base Bootcamp, an eight-week, cohort-based program with the goal of converting experienced software engineers into smart contract developers. Base Bootcamp will focus on teaching participants how to build smart contracts. The blockchain sector is facing a large talent deficit, with less than 30,000 onchain developers compared to almost 30 million conventional software professionals. This endeavor comes at a time when the blockchain industry is facing a substantial talent shortage.

According to the official release, the program is geared for “mid to senior level software engineering individual contributors.” For the purpose of providing individualized instruction and practical experience to each student, each class will have fewer than twenty members. The deadline for submitting applications to be a part of the subsequent batch is October 27.

Applicants who are selected to participate in the program will be provided with specialized mentoring, and they will meet on a weekly basis with their mentors. They will also get access to a gated Discord channel that will let them to communicate with the other members of their cohort, as well as the Coinbase engineers and program mentors.

The material taught at Base Bootcamp expands upon the Base Camp curriculum that was made accessible to the general public earlier this year. The students will work their way through this curriculum, and in addition, they will get supplemental materials and tasks that will be graded by the Base team. Participants will create a decentralized application (dapp) for the real world during the course’s last two weeks and then show it to the other members of their cohort.

It’s interesting to note that there are no costs associated with participating in the program. However, in order to participate in the scheme, individuals are asked to provide a one-ether deposit as a kind of assurance. After completion of the course, you will get this money back.

Because there is now a dearth of onchain developers, the introduction of Base Bootcamp is quite crucial. This project, according to Base, is not simply a learning adventure but a step toward becoming an important contributor to the new internet, highlighting the need for more developers to participate in the ecosystem of decentralization.

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