Coinbase pioneers a public company-launched decentralized blockchain, Base.
It aims for diverse revenue streams through blockchain operations and dApps.
Coinbase, the leading US-based cryptocurrency exchange, has stridden in the crypto world by officially launching its decentralized blockchain, Base. It became the first publicly traded company to introduce its proprietary blockchain.
The journey began earlier this year with the introduction of Base’s testnet in February, followed by a developer release in July. Now, with the commencement of the “on-chain summer” celebration, encompassing on-chain art, gaming, and more, the network’s mainnet has been unleashed.
Brian Armstrong, the founder of Coinbase tweeted, “Base mainnet is now live, with 100+ apps and services… with low gas fees, fast speeds, and secure transactions settled on Ethereum”.
What is the Aim Behind “Base” ?
The community considers the launch of Base isn’t just a technological advancement but also a st
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