- On February 23, Coinbase formally launched Base.
- Base has not introduced a selected date for the launch of the mainnet.
Forward of the launch of the Base mainnet, Coinbase claimed on Wednesday that its Ethereum Layer-2 community has undergone in depth safety assessments performed by researchers. Experiences point out that Coinbase commissioned a six-month inside audit of its protocol safety staff to completely take a look at the safety of Base, constructed on prime of the OP stack along with Optimism, introduced in February.
Coinbase mentioned:
The purpose of Layer-2 options is to enhance the profitability and effectivity of transactions on networks reminiscent of Ethereum. These options obtain this by processing transactions in a separate house after which relaying the outcomes to their respective community.
Though Base didn’t announce a selected date for the launch of the mainnet, it clarified that in contrast to different layer 2 blockchains reminiscent of Polygon, Optimism and Arbitrum, it is not going to introduce a local token into its ecosystem. .
Highlighted Crypto Information At the moment
Coinbase Wins Authorized Victory as Supreme Court docket Guidelines in Its Favor
