The American cryptocurrency exchange Coinbase has refuted allegations that it does not support Ethereum’s (ETH ($3,107.51)) scalability roadmap. These accusations arose following Coinbase’s recent announcements regarding Celo’s transition.
Coinbase’s Decision on Celo
Last week, Coinbase declared that it would not support Celo’s (CELO) transition from an independent layer-1 network to an Ethereum 
$3,633 layer-2 solution. This announcement sparked reactions on various online platforms.
Celo’s Board Chairman Rene Reinsberg and cLabs CEO Marek Olszewski criticized Coinbase’s decision, stating that it felt like an interference in Ethereum’s layer-2 focused scalability roadmap.
Coinbase’s Response
In its response, Coinbase indicated that it would reassess Celo’s layer-2 once the technical transition is c...
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