We’re excited to announce our first Ethereum Validator Performance Report, marking a new level of transparency in our ETH staking operations.
This comprehensive report covers:
→ Validator uptime at 99.75%
→ Participation rate of validators at 99.75%
→ Zero slashing or
Behind the scenes of how we build, scale, and optimize @Coinbase
- Proof of Reserves empowers users to confidently integrate cbBTC across the DeFi ecosystem. Utilizing @chainlink Proof of Reserves on @base and @ethereum provides independent, transparent onchain verifications that cbBTC reserves are backed 1:1 by BTC.
- We’ve been hard at work scaling our @solana infrastructure to be faster, more resilient, and more scalable. We have upgraded our systems to: → Process transactions asynchronously, leading to a 5x improvement in block processing throughput. → Leverage bare metal machines for 4x
- We have published our @solana validator performance report—highlighting how we’re strengthening Solana’s decentralization, security, and validator performance through our staking operations. As of June 1, 2025, over 40M SOL is staked to Coinbase validators, representing 10.6% of
- Asset recovery is now live for Solana. Eligible unsupported SPL tokens mistakenly sent to your Coinbase address can now be reclaimed using our self-service recovery tool—no support ticket needed. This addition expands asset recovery to thousands of SPL tokens, with more tokens
00:00 - We’ve added support for the Reth execution client by @paradigm on our @ethereum staking infrastructure—joining @go_ethereum and @nethermind as part of our multi-client architecture. We are rebalancing stake across execution clients as we ramp up with Reth; below is a snapshot
- Replying to @CoinbasePltfrmWe’d also like to thank the broader Solana community for the overwhelming, continued support. In particular, we’d like to thank the teams at @heliuslabs, @triton_one, and @SolanaFndn for their collaboration and eager assistance.
- Ethereum’s Pectra upgrade brings improvements to efficiency, scalability, and usability by integrating multiple EIPs. Coinbase is actively preparing for these changes to ensure a seamless experience for users and developers. Read our full Pectra blog:
- We've made major progress on reducing account restrictions this year, with more updates incoming. Roadmap for the rest of 2025: → In-App and Automated EDD → Voice Calling with Activity Logs → Compliance Automation → Consensus 2FA and Time Delay More details ↓
- Watch @MurrLincoln break down Pectra’s EIP-7251, which increases the MAX_EFFECTIVE_BALANCE while keeping the 32 ETH minimum stake, optimizing validator efficiency. By raising the staking limit from 32 ETH to 2,048 ETH, validators can consolidate and reduce redundant validators,
00:00 - Following the changes implemented by the Pectra upgrade, we’ve begun gradually increasing gas limits on a subset of Coinbase validators—from 36M to 60M. We’re keeping a close eye on validator performance and stability as we roll out.configured my validator for a 60M gas limit ⛽ → 66% bump from 36M is safe post-Pectra → validators set the limit—vote with yours → instructions at PumpTheGas[.]org wen 1 gigagas/sec (10K TPS) on Ethereum L1? → needs zkEVM proofs for consumer devices → Ethproofs call
- Replying to @CoinbasePltfrmcbBTC Reserves Ethereum feed: data.chain.link/feeds/ethereum… cbBTC Reserves Base feed: data.chain.link/feeds/base/bas…
- this marks when we gathered in SF to deprioritize feature dev and focus on resiliency. Q4'24 (right before v2.0) is when we went all in on IBRL. Say what you will about Solana & Anza. When the devs are focused on a problem, they move mountains
- ⚒️ Building Proof of Reserves for cbBTC ⚒️ Here’s how we designed a robust PoR system that builds trust through transparency: ✅ Segregated BTC reserves onchain ✅ Tracked holdings directly on the ledger ✅ Built a reusable cold-to-cold fund movement mechanism More in 🧵
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