Coinbase Launches Base Mainnet to the Public

Discover Coinbase's new Base mainnet, featuring over 100 dapps and improved transaction speed and cost.

A New Era for Coinbase and Ethereum

Coinbase has made an exciting announcement with the public launch of its Base mainnet on August 9. With over 100 decentralized applications (dapps) and service providers, Base offers a promising solution to the challenges faced by Ethereum users.

Improved Transaction Speed and Reduced Costs

Jesse Pollak, the protocol lead at Coinbase, highlights the advantages of Base. It comes with a faster transaction pace and reduced transaction costs compared to Ethereum. This means users can enjoy a more efficient and cost-effective experience when interacting with the Base mainnet.

A Robust Ecosystem of Partners

Having evolved from a testnet to a developer-specific release, the Base mainnet has already engaged with numerous crypto projects. This includes DeFi protocols, wallets, bridges, oracles, analytics, and infrastructure providers. This strong ecosystem ensures that users can access a wide range of services and functionalities within the Base network.

Addressing Scalability and Cost Issues

Base is built on the OP Stack software from Optimism (OP) and functions as a rollup network. This innovative approach means that transactions are processed outside of the primary Ethereum blockchain, offering a more scalable environment for dapps. Layer-2 solutions like Base are part of a broader industry trend to tackle the scalability and cost issues associated with main blockchain networks.

Join the Onchain Summer Event

Alongside the Base mainnet launch, the "Onchain Summer" event is currently taking place. This exciting event showcases various dapps, with a particular focus on digital art, music, and gaming. Be sure to explore the event and get a first-hand look at the innovative possibilities offered by the Base mainnet.

The Trust and Potential of Base

Prior to the public launch, developers and users transferred assets worth over $100 million to the Base network. This initial trust in the platform's potential signals a promising start. However, continuous monitoring and feedback will be essential to ensure the sustainability and reliability of the Base mainnet.

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