BALD is a cryptocurrency launched only a few days ago.
Technically it is a token, and it was issued on a new blockchain, the Base blockchain.
BALD’s blockchain
The blockchain on which the BALD crypto token was issued is the Base blockchain, which is the new blockchain developed by Coinbase.
In reality, it is still only a testnet, as Base’s mainnet has not yet been launched.
The announcement of the Base project was made in February, and in May its roadmap was announced.
However, the problem is that the SEC has since gone after Coinbase, which has been accused of allowing the buying and selling of unregistered securities.
Since Base’s native blockchain cryptocurrency could also have been considered an unregistered security, it is possible that the development of this new blockchain has slowed down in recent months, although after the ruling in favor of XRP, and against the SEC, the problem seems to have been somewhat mitigated.
Base is a layer-2 for Ethereum, which i
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