Coinbase Cloud currently offers Web 3.0 APIs, services, and infrastructure ‘to power the next generation of software builders.”
As part of Coinbase‘s vision to empower developers building the future of web3, they are launching “a suite of blockchain infrastructure solutions and services for the growing Avalanche ecosystem.”
Avalanche is a “high-speed” smart contract platform “with near-instant finality and EVM compatibility.”
Developers are able to “deploy their Ethereum applications on Avalanche’s C-Chain or deploy custom-built blockchains as a subnet.”
Avalanche has “seen accelerated growth in 2021 since its launch in 2020, reaching new highs in active addresses, transactions, and total value locked.”
A number of key projects like Curve, Aave, and DeFi Kingdoms “expanded into Avalanche alongside native projects like Trader Joe, BENQI, and Crabada.”
Coinbase Cloud is “committed to supporting the Avalanche ecosystem, making it easier and faster for developers to build innovative applications and unlock new use cases.”
Today, Coinbase Cloud has “a public validator that lets delegators easily and securely stake their AVAX.”
As explained in the update, validators “support the continued growth and the security of the network by verifying transactions, participating in consensus, and adding blocks.”
By staking tokens, delegators can “contribute to validators that do the important work of validating the chain.”
In order to get started, delegators will “need a minimum of 25 AVAX to stake, plus funds to cover the gas fees.”
Coinbase Cloud offers “a step-by-step guide to delegating AVAX tokens.”
Those who want to run their own dedicated validators on Avalanche “will be able to do so using our Participate product.”
Coinbase Cloud’s staking infrastructure “is built to the highest security standards and offers 99% uptime guarantee, making it easy for anyone to spin up a validator in just a few steps — no coding required.”
Coinbase Wallet SDK empowers developers to “expand their app’s reach to millions of Coinbase users, providing easy access to the Avalanche ecosystem via Coinbase Wallet.”
Coinbase Wallet offers users built-in fiat onramps “to buy AVAX from Coinbase, providing users an easy start with Avalanche.”
Coinbase Wallet offers support for Avalanche C-Chain and the Fuji testnet, as well as EVM-compatible subnets, “ensuring that any EVM-compatible application runs seamlessly and reliably through Coinbase Wallet.”
The integration can be “completed in minutes, with only a few lines of code.”
Developers can view Coinbase Wallet SDK documentation “on the Coinbase Cloud website.”
The team also confirmed that they are building their Query & Transact infrastructure to empower developers “to easily access data from the Avalanche blockchain.”
Having an easy way to access data and submit transactions is “the most fundamental step to building dapps such as wallets, exchanges, data aggregators, and blockchain analytics solutions.”
With Query & Transact, developers “have reliable read/write access to data with a 99.9% uptime guarantee.”
Once available, developers can also “easily customize their Query & Transact read/write infrastructure via the Coinbase Cloud web interface to meet their needs.”
Using their web interface, developers can “configure who can access the node infrastructure, and distribute their nodes across four geographic regions and two cloud providers to serve traffic globally with low latencies.”
With Query & Transact and the Wallet SDK, Avalanche developers “have a comprehensive suite of solutions to build and grow their crypto products.”
Joe Lallouz, head of product at Coinbase Cloud, said:
“We couldn’t be more excited to work with the Avalanche team to empower builders and participants. Avalanche is contributing to building a more vibrant and accessible Web3 economy, and we are looking forward to working with them to help the network grow and scale.”
Jay Kurahashi-Sofue, VP of Marketing at Ava Labs, remarked:
“We are thrilled to be working with Coinbase Cloud. The Coinbase Cloud team offers the technical expertise, security best practices, and deep understanding of protocols that will make them one of the important contributors to Avalanche. We are excited for what’s to come and to build the Web3 future with Coinbase Cloud.”
For more details on this update, check here.