According to Wu Blockchain, Ethereum Foundation member Chaskin ETH stated that recent criticisms from the Ethereum community targeting Coinbase are 'severely misplaced.' For nearly a decade, Coinbase has been one of Ethereum's largest customers, distribution channels, and builders. Their decision to build Base, which settles on Ethereum and uses ETH as Gas, rather than launching an independent L1 that directly competes with Ethereum, demonstrates their commitment. Additionally, Coinbase has contributed to the development of products and infrastructure like USDC, cbBTC, EIP-4844, ERC-4337 smart wallets, and x402. Base lead Jesse Pollak later shared the post, expressing confusion over attacks on Coinbase for 'selling ETH.' He emphasized that Coinbase is one of the largest non-DAT ETH holders and one of Ethereum's biggest customers. Pollak added that Coinbase has held approximately 150,000 ETH for many years, weathering multiple market cycles. He urged the Ethereum community to stop morally judging its customers, stating that attacking those who use the protocol and ecosystem is counterproductive and only alienates them. https://(wublock123.com)/news/ethereum-foundation-member-community-criticism-of-coinbase-misaligned-66992