✅Coinbase Onchain Verification

On the 10th of January v0.2 update was applied to Veil.cash smart contracts

Privacy with Trust: Veil Cash Now Supports Coinbase Verified Users

Introduction

In a major milestone for privacy and accessibility, Veil Cash now supports onchain verified users via Coinbase’s Ethereum Attestation Service (EAS). This update makes it possible for over 500,000 users who have completed Coinbase’s onchain verification process to seamlessly access Veil’s verified pools.

What is Coinbase Onchain Verification?

Coinbase’s onchain verification leverages Ethereum-based attestations to link a self-custodial wallet with a verified Coinbase account. This ensures that the wallet belongs to a legitimate and verified user with Coinbase.

More details on Onchain Verification

Veil Cash Integration

With this update, Veil Cash taps into the EAS contracts deployed on Base to confirm a user’s verified status. Once verified, users gain access to Veil’s privacy pools. Connect a verified wallet and the Veil front end will allow you to deposit.

A Trusted Path to Privacy

By leveraging Coinbase’s robust verification system, Veil Cash ensures that only trusted users can access its privacy pools. This trust layer reduces the risk of misuse while empowering a broad base of users to enjoy the protocol’s anonymity features.