Coinbase Wallet now supports Polygon zkEVM, an Ethereum-compatible blockchain platform which combines Zero-Knowledge Proof (ZKP) and Ethereum Virtual Machine (EVM). Polygon zkEVM can help bring scalability, lower transaction fees and improved network efficiency to the Ethereum network. With the help of Coinbase, a major software wallet which is EVM-compatible, Polygon zkEVM can access to a wider user base.

Since Polygon zkEVM was launched on March 27, a number of other companies, such as QuickNode and Aave, have joined forces with Polygon and committed to supporting zkEVM. Coinbases decision to offer an easy-to-use, seamless wallet to their estimated hundred million users through their 'Wallet as a Service' initiative on March 8 was welcomed by the Web3 community.

Not only is Coinbase offering assistance to Polygon, they have also been building their own blockchain network, called 'Base', which is an Ethereum layer-2 network. Coinbase has brought in a number of partners to help with the network as well as provide support to ensure its success. Coinbase's aim of working towards more decentralization is a great advancement for Web3 technologies.

In conclusion, Coinbase's support of Polygon zkEVM is a huge win for the Ethereum network and the Web3 community as it helps to bring scalability and improved network efficiency in addition to decreased transaction fees. With the help of major companies such as Coinbase, Polygon zkEVM can access to a much wider user base, thus increasing their adoption and exposure. This can further help to bring about a more decentralized Web3 future for us all.



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