Coinbase-Backed Base Network Drops Optimism Technology

Select Language

Ethereum layer-2 network Base, supported by Coinbase, has announced a shift in its technology stack, deciding to move away from Optimism technology to pursue faster upgrades and reduced overhead. This move aims to enhance Base’s efficiency and user experience, improving blockchain performance. Base was created to address Ethereum’s scaling issues by reducing blockchain traffic and transaction fees. While Optimism has been the foundation for Base, evolving requirements and the need for quicker updates have prompted this technological transition. Alongside this change, Base plans to introduce a potential new token to increase the network’s financial autonomy and user participation. However, this shift carries risks, including the complexity of the new technology stack and potential security challenges that could affect blockchain stability. As layer-2 solutions gain importance in the Ethereum and blockchain ecosystem for increasing transaction speeds and lowering fees, Base’s development is seen as a significant step toward broader Ethereum adoption. The impact of Base’s new technology stack and possible token will be closely monitored to assess improvements in network performance and user experience.

Source: decrypt