Coinbase will go online Access Protocol (ACS)
According to official Twitter, Coinbase announced that it would launch Access Protocol (ACS). If the liquidity conditions are met, the transaction will start at 9:00 p.m. on February 15, Pacific Winter Time (1:00 p.m. on February 16, Beijing Time). If sufficient supply of the asset is established, the transaction of ACS-USD transaction pair will be opened in stages.
Interpretation of this information:
Coinbase, a leading cryptocurrency exchange, has announced that it will be launching Access Protocol (ACS) on February 15, 9:00 p.m. Pacific Winter Time (February 16, 1:00 p.m. Beijing Time). According to the official Twitter account of Coinbase, the transaction will start if liquidity conditions are met. The ACS-USD transaction pair will be opened gradually if there is a sufficient supply of the asset.
Access Protocol is a decentralized network that aims to provide secure and private access to decentralized applications (dapps). It is a Layer 2 solution built on Ethereum that uses zero-knowledge proofs and off-chain storage to provide secure and seamless access to dapps. The network enables users to interact with blockchain-based applications without compromising their privacy and security.
The launch of Access Protocol on Coinbase is a significant development in the blockchain industry. Coinbase is a trusted and regulated exchange that provides access to millions of users worldwide. The listing of ACS on Coinbase will increase the visibility of the network and attract more users to the platform.
The rollout of ACS on Coinbase will be carried out in stages, depending on the supply of the asset. If there is enough supply, the transaction pair ACS-USD will be opened gradually. The gradual launch of the transaction pair will ensure that the liquidity conditions are met and that users can trade safely and securely.
In summary, Coinbase is set to launch Access Protocol (ACS) on February 15, 9:00 p.m. Pacific Winter Time (February 16, 1:00 p.m. Beijing Time). The listing will be subject to liquidity conditions and the supply of the asset. Access Protocol is a decentralized network that provides secure and private access to dapps. The rollout of ACS on Coinbase will be carried out in stages to ensure that there is enough liquidity for safe and secure trading.
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