Coinbase Layer-2 Community Base Nears Mainnet Launch

• On February 23, Coinbase made the official launch of Base.
• Base has not introduced a particular date for the mainnet launch.

In anticipation of Base’s mainnet launch, Coinbase affirmed on Wednesday that its Ethereum Layer-2 community had been subjected to intensive safety evaluations performed by researchers. Studies point out that Coinbase commissioned a six-month inside audit from its protocol safety workforce to completely check the safety of Base, constructed on the OP stack in collaboration with Optimism, introduced in February. 

 Coinbase acknowledged:

The aim of Layer-2 options is to reinforce the cost-effectiveness and effectivity of transactions on networks reminiscent of Ethereum. These options obtain this by processing transactions in a separate house and subsequently relaying the outcomes again to their respective community. 

Whereas Base has not introduced a particular date for the mainnet launch, it has clarified that in contrast to one other layer 2 blockchains reminiscent of Polygon, Optimism, and Arbitrum, it is not going to introduce a local token into its ecosystem.

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