🔔Blockchain news! Chintan Turakhia, senior director of engineering at Coinbase, recently said that in order to attract the first billion cryptocurrency users, we need to provide more friendly beginner applications. 😮He pointed out that the current user registration process is complicated, including steps such as setting up a wallet, paying transaction fees, and purchasing blockchain native tokens, which are all obstacles for novices. 🚧
To this end, Coinbase launched the Smart Wallet, which replaces complex seed phrases with simpler login options such as account names and passwords. 🎉Moreover, the new Smart Wallet also sponsors transaction fees by Coinbase, further lowering the threshold for use. 👏
Turakhia believes that consumer applications will be the way for cryptocurrency to become popular among the public. 🚀For example, the number of users of Hamster Kombat, a mini-game based on Telegram, exceeded 239 million in 81 days. 🎮This undoubtedly shows unlimited possibilities for the future of Bitcoin! 💪