Coinbase Former Toshi Wallet to Add Support for BTC BCH and LTC
According to a recent post published on its official Medium handle, Toshi, the open source decentralized app (DApp) browser and wallet developed by Coinbase is now getting rebranded as Coinbase Wallet. Moreover, the post says that now it will also provide support for Bitcoin (BTC), BitCash (BCH) and Litecoin (LTC) in the coming days.
Support for Bitcoin (BTC), BitCash (BCH) and Litecoin (LTC) in the coming days.
Toshi, which initially used to support only Ethereum (ETH) and ERC-20 tokens, has been promoted and rebranded to become 'Coinbase Wallet' recently. The newly rebranded wallet will now enable users to access more features and services such as decentralized exchanges, buy and store crypto collectibles, receive airdrops and tokens for ICO (Initial Coin Offerings) and use third party DApps (decentralized apps). You can even make use of these non-fungible tokens in games or trade them on marketplaces.
"Opera web browser in August announced for their desktop clients that they will launch a built-in crypto wallet which will support digital collectibles as well as tokens.
It is believed that this new rebranding of Coinbase Wallet will reshape everything we do online. The crypto adoption and DApps usage will get promoted through this new Coinbase Wallet.
Coinbase notes will now enable users to store their private keys within their devices which earlier required an external server due to security issues, From now on, users will be store it in their devices itself whose security will be ensured by the inbuilt security technology, including "secure enclave" and biometric authentication.
Opera will now also allow for the implementation of the phone's secure system lock which will enable users to use their fingerprints rather than entering passcodes into their browsers for Opera's connected mobile-desktop system.
"The move is a part of the exchange's efforts of pursuing new ways to tackle anonymity, privacy and other sensitive data issues within the context of an open financial system."
Coinbase recently reported the acquisition of an American start-up which focuses on the development of decentralized identity solutions. The move is a part of the exchange's efforts of pursuing new ways to tackle anonymity, privacy and other sensitive data issues within the context of an open financial system.