Coinbase’s Base mainnet, featuring 100+ dApps, opens to the general public

2023-8-10 19:54

The Base Network is built on Optimism’s software stack called OP Stack. It is a Layer 2 solution that aims to offer dApps an alternative to Ethereum. Base offers lower transaction fees and higher transaction speeds.

Base mainnet, a blockchain network developed by Coinbase cryptocurrency exchange, has officially opened to the general public. The Base Network currently features over 100 dApps and service providers as part of its ecosystem.

According to Jesse Pollak, the lead for protocols at Coinbase, users can investigate these dapps and gain from lower transaction fees and quicker transaction speeds compared to Ethereum.

The Base Network has integrated with a wide range of cryptocurrency projects including DeFi protocols, wallets, bridges, oracles, and both analytics and infrastructure providers since its developer-only release in July and the testnet launch in February.

Offering an alternative to Ethereum

Base Network is developed on Optimism’s software stack called OP Stack. The network is a Layer 2 solution that operates as a rollup network. It is a scaling solution to process transactions off the main Ethereum blockchain, thereby offering a more affordable alternative for dApps.

Base is expected to become the default network for Coinbase’s on-chain products.

Both developers and users had transferred assets valued at over $100 million to the Base network in the lead-up to the mainnet launch. And in celebration of the mainnet launch, users will have the option to mint a unique “Base, Day One” NFT.

The official Base launch has coincided with the “onchain summer” event that is scheduled to run for several weeks. The event emphasizes promoting Base’s mainnet partner dApps in the realms of gaming, digital art, and music.

The post Coinbase’s Base mainnet, featuring 100+ dApps, opens to the general public appeared first on CoinJournal.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Crypto User Base (CUB) на Currencies.ru

$ 0.0450497 (-1.41%)
Объем 24H $0
Изменеия 24h: 1.36 %, 7d: 15.76 %
Cегодня L: $0.0443687 - H: $0.0450497
Капитализация $0 Rank 3660
Доступно / Всего 0 CUB / 1m CUB

base transaction stack dapps alternative offer solution

base transaction → Результатов: 55


What Is Base? Coinbase’s L2 Network Explained

Coinbase’s Layer 2 Network: A Complete Guide Cryptocurrency exchange giant Coinbase has been making waves in the crypto industry with the launch of its Layer 2 network. This network is designed to enhance transaction speeds and reduce costs on blockchains like Bitcoin and Ethereum, making it an attractive proposition for developers and crypto enthusiasts alike.

2023-3-23 23:38


Фото:

The first blockchain achievements in MMA — to all fans of hard sports

Cryptocurrencies have forced us to look at the world of business, technology, and entertainment from a different angle, transferring many traditional processes to the blockchain base. Experimenting with building networks and platforms using the blockchain can provide benefits in security, transaction costs, reduced intermediaries, and privacy, which in turn appeals to any business and government. […]

2021-6-8 17:35


Blockchain technology ‘not suitable for payments,’ says Bank for International Settlements’ Annual Report

The recent Bank for International Settlements report has stated that cryptocurrency’s backbone, blockchain, might not be “suitable for payment at all. ” Referring to the market’s 2018 crypto-winter when prices fell to new lows, the report stated that regulatory action has a significant impact on digital assets’ valuation, transaction volume, and user base.

2019-7-1 16:00


Sidechains vs Plasma vs Sharding

Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions.

2019-6-14 04:03


Ripple is Experiencing “Dramatic Growth” in RippleNet’s Transaction Volume and Client Base

Ripple is one firm with a strong penchant for the widespread adoption of cryptocurrency and sometimes via its own XRP. The parent body for the world’s third-largest cryptocurrency is known for its initiatives to support cryptocurrency and blockchain startups and also to deliver solutions to a large number of financial institutions already in their hundreds, […] The post Ripple is Experiencing “Dramatic Growth” in RippleNet’s Transaction Volume and Client Base appeared first on ZyCrypto.

2019-6-12 17:50


Фото:

Monero Glitch Allowed Hackers To Steal XMR From Exchanges

The Next Web’s in-house cryptocurrency column recently reported that Monero, the foremost privacy-centric cryptocurrency, was subject to a relatively minor cybersecurity vulnerability. According to the technology news outlet, “inventive” hackers could create false transaction data via the copying of a simple line of code from the Monero wallet code base, which is open-sourced and easily […] The post Monero Glitch Allowed Hackers To Steal XMR From Exchanges appeared first on Ethereum World News.

2018-8-3 06:14