Base

<p class="is-style-lead">Creator of layer 2 blockchain Base, Jesse Pollak has joined the executive team at Coinbase as engineering vice president while also leading Coinbase Wallet.</p>
<p>Jesse Pollak announced on his <a rel="noopener noreferrer nofollow" href="https://x.com/jessepollak/status/1840880049165365432" target="_blank">X account</a> on Oct. 1, that he will be leading <a rel="noopener noreferrer nofollow" href="https://crypto.news/coinbase-launches-consolidated-on-chain-wallet-app/">Coinbase Wallet</a> and joining its eight-member executive team in addition to leading <a rel="noopener noreferrer nofollow" href="https://crypto.news/tag/base/">Base</a> (<a rel="noopener noreferrer nofollow" href="https://crypto.news/price/base/">BASE</a>).</p>
<p>He stated that Base and Coinbase share the same “north star” and by bringing the relationship closer, it would make it easier for the two entities to achieve their common goal. which is to make it “dead simple for the world to come onchain.”</p>
<p>“I’m really excited to take on this new mandate and to accelerate our mission of bringing a billion people and a million builders onchain,” Pollak wrote in his post.</p>
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   <p lang="en" dir="ltr">hey everyone – some news: in addition to leading the <a href="https://twitter.com/base?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@base</a> team, i’ll be stepping up to lead <a href="https://twitter.com/CoinbaseWallet?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@coinbasewallet</a> and joining the <a href="https://twitter.com/coinbase?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@coinbase</a> exec team. <br><br>i’m really excited to take on this new mandate and to accelerate our mission of bringing a billion people and a million builders…</p>— jesse.base.eth (@jessepollak) <a href="https://twitter.com/jessepollak/status/1840880049165365432?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 30, 2024</a>
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<p>You might also like: <a rel="noopener noreferrer nofollow" href="https://crypto.news/coinbase-teases-new-wrapped-bitcoin-product-amid-ongoing-wbtc-controversy/"> Coinbase teases new wrapped Bitcoin product amid ongoing WBTC controversy </a></p>
<p>In his post, Jesse assures that Base will continue to uphold its core values of being a fully decentralized open source protocol “for everyone”. Moreover, he will be incorporating those same democratic values to the work he will be doing with the Coinbase Wallet team.</p>
<p>Many industry players and analysts congratulated Pollak on the promotion and viewed it as a positive development for both entities. Pseudonymous crypto analyst Altcoin Psycho stated <a rel="noopener noreferrer nofollow" href="https://x.com/AltcoinPsycho/status/1840894114822246821" target="_blank">on X </a>that Coinbase appointing Jesse Pollak gives him optimism for more mainstream adoption of crypto.</p>
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   <p lang="en" dir="ltr">the end game to merge the offchain &amp; onchain UX/UI by leveraging Base, CB advanced, &amp; coinbase wallet makes me so optimistic on mass adoption<br><br>huge congrats to <a href="https://twitter.com/jessepollak?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@jessepollak</a> on becoming Coinbase's newest exec, can't think of a more deserving person <a rel="noopener noreferrer nofollow" href="https://t.co/ZBHABHZ10Y" target="_blank">https://t.co/ZBHABHZ10Y</a></p>— Psycho (@AltcoinPsycho) <a href="https://twitter.com/AltcoinPsycho/status/1840894114822246821?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 30, 2024</a>
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<p>According to <a rel="noopener noreferrer nofollow" href="https://x.com/emiliemc/status/1840926313265447073" target="_blank">a post</a> by President and Chief Operating Officer of Coinbase, Emillie Choi, Coinbase’s previous engineering vice president Manish Gupta left Coinbase in order to “start a new chapter.” Pollak will be taking over Gupta’s role as engineering vice president.</p>
<p>Previously, Jesse Pollak led Coinbase’s consumer and retail engineering teams from January 2018 to September 2021. He was also involved in the creation of Coinbase Pro and Coinbase Wallet.</p>
<p>On Aug. 9, 2023,&nbsp;Coinbase launched Base, calling it a new layer-2 blockchain network. The protocol was built to enhance Ethereum’s capacity for decentralized applications, improve user interfaces, and reduce transaction costs.</p>
<p>According to data on <a href="https://l2beat.com/scaling/projects/base" target="_blank" rel="noopener noreferrer nofollow">L2Beat</a>, Base’s total value locked has managed to surpass $7.2 billion.</p>
<p>Read more: <a rel="noopener noreferrer nofollow" href="https://crypto.news/what-is-base-unpacking-coinbases-new-layer-2-network-and-its-impact/"> What is Base? Unpacking Coinbase’s new layer-2 network and its impact </a></p>

Base creator Jesse Pollak joins Coinbase exec team

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