In this article we delve into the layer-2 blockchain of the Coinbase cryptocurrency exchange, BASE.
A few days ago it was launched on the mainnet officially opening its doors to the market.
The introduction of Base represents a turning point for the crypto world as it is the first decentralized blockchain solution developed by a Nasdaq-listed company.
Full details below.
What Base is and how it works: the layer-2 of the Coinbase cryptocurrency exchange
Base is a layer-2 scaling solution developed by cryptocurrency exchange Coinbase with a view to providing the Ethereum ecosystem with an alternative infrastructure for faster and cheaper operations.
Indeed, the network inherits the connotations of security and decentralization from Ethereum, while offering a suitable space to scale all the activities of the main layer.
Technically Base represents an “optimistic rollup” blockchain, in that user-initiated transactions are compressed and “wrapped” (hence the term rollup) in a batch
We współpracy z: https://en.cryptonomist.ch/2023/08/15/base-coinbase-latest-layer-2-data/
