Which network does Coinbase use?

In addition to Ethereum, Coinbase Wallet also supports Solana. Solana is known for its high speed and low fees, making it an attractive option for those looking to conduct transactions efficiently. The wallet's support for Solana enables users to leverage the benefits of this network without any hassle.

Moreover, Coinbase Wallet extends its support to all EVM-compatible networks. EVM, or Ethereum Virtual Machine, is a critical component that allows smart contracts to run on the Ethereum blockchain. Networks that are compatible with EVM can benefit from the vast array of decentralized applications (DApps) and tools built on Ethereum.

The mobile app and browser extension of Coinbase Wallet are designed to provide seamless access to these networks. Users can easily manage their funds, interact with DApps, and participate in various blockchain-based activities directly from their devices. This level of convenience is crucial in today's fast-paced digital world.

Within the Coinbase Wallet, these networks are preconfigured, ensuring a smooth user experience. One such preconfigured network is Arbitrum. Arbitrum is an Ethereum scaling solution that aims to reduce transaction costs and improve speed without compromising security. By incorporating Arbitrum, Coinbase Wallet offers users a more cost-effective and efficient way to interact with the Ethereum blockchain.

Coinbase Wallet offers a wide range of supported blockchain networks, catering to the diverse needs of its users. Among the networks supported by the wallet, Ethereum stands out as a prominent option. With its robust infrastructure and extensive ecosystem, Ethereum has become a go-to choice for many in the cryptocurrency space.