Coinbase, a well-known US-based cryptocurrency exchange, has announced that work is underway to launch its Layer 2 Base. The launch of Base will be supported by OpenZeppelin, a blockchain cybersecurity company, which will be responsible for preventing hacks and exploits on the network when it goes live, Full details of the news can be found in this article Coinbase and its Layer 2 Base The trend of blockchain scalability and decentralization continues to attract the attention of the crypto-friendly public, prompting the popular cryptocurrency exchange Coinbase to want to launch its own layer 2 on Ethereum, called “Base.” The blockchain
Base, the Layer-2 network based on Ethereum and developed by Coinbase, has officially confirmed that it will not launch its own token, denying the speculations that were circulating after the rapid growth of the platform. Jesse Pollak, the lead developer of the project, clarified that the priority of Base is…
Crypto exchange Coinbase announced and launched the testnet for its very own Layer 2 blockchain called Base earlier in February 2023. Since the launch, there have been speculations about the exchange launching a token for the L2, which has now been clarified in the newly released roadmap for Base. Base…