Coinbase announces the launch of ‘Base’, a Layer 2 blockchain, scheduled for public access on Aug. 9, enabling ETH bridging.
Partnerships with big names like Coca-Cola, Atari, and OpenSea, and over $68 million worth of ether already bridged, demonstrate strong support for the project.
Coinbase, the largest publicly traded U.S. crypto exchange, has unveiled its layer-2 blockchain, ‘Base’, developed with Optimism’s OP Stack. The public rollout is set for Aug. 9, enabling ETH bridging, a significant milestone in the blockchain space, Yahoo Finance updated..
Enabling ETH Bridging: A New Horizon
Starting this Thursday, users will have the ability to bridge their ether (ETH) to Base. This feature represents a major advancement, providing a seamless method to connect different Ethereum-based networks.
Previously in July, Base was available for developers, allowing them to test applications on the new network.
Participation from Major Companies
The announcement of Base coincides with

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