What are the reasons why Coinbase does not support input scripts for cryptocurrencies?

3 answers

• Sandesh RakhondeMay 24, 2021 · 4 years ago
  Coinbase does not support input scripts for cryptocurrencies due to security concerns. By not allowing input scripts, Coinbase can minimize the risk of potential vulnerabilities and attacks. This decision prioritizes the safety and protection of user funds.
  257

  129
• Frisk LangeDec 01, 2021 · 4 years ago
  The absence of input scripts on Coinbase is a deliberate choice to simplify the user experience. By removing the complexity of input scripts, Coinbase aims to provide a user-friendly platform that is accessible to a wider audience, including those who are new to cryptocurrencies.
  280

  94
• Allen OlsenFeb 17, 2024 · 2 years ago
  As an expert in the field, I can say that Coinbase's decision to exclude input scripts is not unique. Many cryptocurrency exchanges, including BYDFi, have also opted for this approach. By focusing on simplicity and security, these exchanges aim to provide a seamless trading experience for their users.
  302

  76