- February 23 Coinbase has formally launched Base.
- Base has not introduced a particular launch date for the primary community.
Awaiting the launch of the Base mainnet, Coinbase confirmed on Wednesday that its Ethereum Layer-2 community has been extensively evaluated by researchers. Studies point out that Coinbase commissioned a six-month inner audit from its protocol safety crew to completely take a look at the safety of Base, constructed on prime of the OP stack in collaboration with Optimism, which was introduced in February.
Coinbase said:
Layer-2 options purpose to extend the cost-effectiveness and effectivity of transactions resembling Ethereum. These options obtain this by processing transactions in a separate area after which transmitting the outcomes again to the suitable community.
Whereas Base didn’t announce a particular mainnet launch date, it defined that not like different Layer 2 blockchains resembling Polygon, Optimism, and Arbitrum, it is not going to introduce a local token into its ecosystem.
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