Coinspeaker
Coinbase’s Layer-2 Network Base Unveils Mainnet for Developers before Public Launch
In the latest development, Coinbase unveiled the mainnet of its Layer-2 scalability platform Base, for developers. This release comes just ahead of the public launch of Coinbase Base slated for earlier August next month.
Earlier this year in February, Coinbase unveiled the testnet version of Base. This release of the developer mainnet will allow the deployment of applications on the Base network.
Coinbase Base is a network based on Ethereum Layer 2 technology. It offers developers a cost-effective and secure platform for creating on-chain solutions. Developed in partnership with Optimism and residing on the OP Stack, Base operates as a rollup network. This secondary layer conducts off-chain computations to enable faster and more affordable transactions, while still benefiting from the security features of the Ethereum mainnet.
In preparation for the launch of the mainnet, the Base core te
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