Coinbase adds Cardano to the Key Job description.
Coinbase recently posted a job opening for a Staff Blockchain Engineer, stoking investors, especially those who have invested in Cardano (ADA).
According to the company’s website, the job listing explicitly mentions Cardano as one of the “heterogeneous cryptocurrency networks.” The description says Coinbase Wallet-as-a-Service (WaaS) will enable developers to interact with networks like Bitcoin, Ethereum, and Cardano is a secure way.
As per the post, the Staff Blockchain Engineer will join a team focused on enabling and accelerating Coinbase’s suite of products, including Base, WaaS, and Cloud.
Cardano’s blockchain is praised for its scalability, security, and sustainability. Its unique Proof-of-Stake consensus mechanism has also made it a popular choice among investors and developers.
As of May 1, the network had processed over 65.6 million transactions. Notably, over 1,230 projects are actively building on Cardano, up from around 500 in March 2022.
Furthermore, there are now 8.20 million tokens minted across 72,000 token policies on the network. Additionally, the number of Plutus scripts has soared past 5,419 signaling increased demand for decentralized applications on the network. Plutus is a smart contract platform of the Cardano blockchain that allows users to write applications that interact with the Cardano blockchain.
Considering this growth, Cardano’s inclusion in the job descriptions is thus a significant milestone for the network. Coinbase is the largest US-based cryptocurrency exchange and one of the largest in the world.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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