Base, the popular layer-2 network from cryptocurrency exchange Coinbase (COIN), is now a “stage 1” rollup, said the company, setting up its path towards full decentralization.
The transition to a “stage 1” rollup comes as other layer-2s have also reached that milestone, making these networks less reliant on centralized entities.
The move means that Base will now have a security council, a network of ten “independent entities, which we chose from all around the globe,” said Tom Vieira, the head of product at Base, in an interview with CoinDesk. “These are folks from the Base ecosystem and from the broader Ethereum ecosystem,” who will help approve certain network upgrades if needed, Vieira added.
In addition, fault proofs are permissionless now on Base, meaning anyone can verify or check the state of transactions from the network without relying on a central entity.
Achieving the so-called stage 1 rollup status stems from a blog post from Ethereum co-founder Vitalik
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