US-based cryptocurrency exchange Coinbase has announced the launch of its blockchain-focused interoperability framework called Rosetta.
According to an official blog announcement, the framework allows integrating blockchain networks in a simpler, faster, and more reliable way.
The framework focused on simplifying compatibility with exchanges that use Rosetta. Coinbase says the new project can also "dramatically speed up" the time it takes exchanges to integrate with new blockchains.
"For the broader community of crypto developers, Rosetta makes it easier to build cross-blockchain applications such as block explorers, wallets and dapps," Coinbase CPO Surojit Chatterjee wrote in the announcement.
Previously iHodl reported that Coinbase revealed its new list of cryptocurrencies, considering for listing on the platform.
The exchange claims it will continue to evaluate prospective assets against its Digital Asset Framework to assess factors like security, compliance, and the project’s alignment with our mission of creating an open financial system for the world.
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