Coinbase wallet sparks backlash
Coinbase Wallet is implementing end-to-end encrypted messaging using the XMTP protocol, enabling users to communicate securely in both direct messages and group chats within the wallet app. This update also includes the ability to access mini-apps directly from the chat interface, a feature similar to Telegram's, which previously allowed apps built on the TON network.
Elaboration:
XMTP Protocol:
Coinbase Wallet will leverage XMTP (Extensible Message Transport Protocol), a decentralized and open protocol for private, secure web3 messaging. XMTP provides end-to-end encryption (E2EE) for messages, ensuring privacy and security comparable to services like Signal.
Secure Messaging:
The update ensures secure communication within Coinbase Wallet by utilizing XMTP's E2EE capabilities, making messages unreadable to anyone other than the intended recipient.
Mini Apps:
Users will be able to interact with mini-apps directly within the chat interface of Coinbase Wallet, offering a more integrated experience and potentially expanding the wallet's functionality.
Telegram's Influence:
This push into mini-app integration mirrors Telegram's previous efforts, which initially supported a wide range of mini-apps but later restricted development to apps built on the TON network.
User Benefits:
The new features aim to enhance the Coinbase Wallet user experience by providing secure messaging and access to mini-apps, streamlining operations within the platform