Sam McIngvale, head of product for Coinbase Custody, describes its new staking service. He explains how Coinbase Custody plans to permit its clients to take part in crypto networks whereas maintaining these funds offline, what Coinbase needed to construct from an engineering and product perspective with a purpose to hold funds safe and the way insurance coverage works for these property. We additionally talk about its plans to allow its clients to take part in governance, whether or not or not Coinbase.com will transfer in the identical course, which different blockchains it might supply staking providers for.

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Episode hyperlinks:

Coinbase weblog submit about staking with Coinbase Custody: https://blog.coinbase.com/coinbase-custody-launches-staking-support-for-tezos-makerdao-governance-to-follow-68f7bc51bc53

Sam McIngvale: https://twitter.com/sammcingvale?lang=en

WSJ article: https://www.wsj.com/articles/coinbases-new-customer-incentive-interest-payments-with-a-crypto-twist-11553855400

Fortune article: http://fortune.com/2019/03/29/coinbase-crypto-dividend-staking/

CoinDesk article: https://www.coindesk.com/coinbase-leads-wall-street-to-brave-new-world-of-crypto-staking



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