Base
Last updated
Last updated
The Base network is a Layer 2 blockchain built on the Ethereum ecosystem by Coinbase. It is designed to provide a secure, scalable, and low-cost platform for decentralized applications (dApps). Base uses Optimistic Rollups technology to achieve these goals, processing transactions off-chain and settling them on Ethereum.
Layer 2 Scaling:
Base improves transaction throughput and reduces costs by handling transactions off-chain while leveraging Ethereum for security and finality.
Built by Coinbase:
As a Coinbase initiative, Base integrates seamlessly with Coinbase products and services, fostering adoption among millions of users.
Optimistic Rollups:
The Base network uses this scaling method to batch and process transactions off-chain, assuming validity unless disputed, which minimizes on-chain computation.
Ethereum Compatibility:
Fully EVM-compatible, making it easy for developers to migrate or build Ethereum-based dApps on Base.
Low Fees:
By utilizing Layer 2 infrastructure, Base offers significantly lower gas fees compared to the Ethereum mainnet.
Open and Permissionless:
Although developed by Coinbase, Base is designed to be a decentralized, permissionless platform for developers and users.
Developer-Friendly:
Base offers tools, documentation, and integration with existing Ethereum developer ecosystems, encouraging innovation and ease of use.
Secure by Ethereum:
All Base network transactions are secured by Ethereum, benefiting from the robust security of the mainnet.
The Base network aims to drive mainstream adoption of decentralized applications by providing a user-friendly and cost-effective environment while staying rooted in the Ethereum ecosystem's principles of decentralization and security.
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