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Base Officially Reaches Stage 1 Decentralization – What's Next For Popular Layer 2?

Base
International Business Times Fews App News Provider
Fews App Post Time 11h ago

Base Base is an Ethereum Layer-2 blockchain developed by crypto giant Coinbase. Base on X KEY POINTSThe milestone builds on Base's launch of its Fault Proofs on Base Mainnet in OctoberIt also established a security council consisting of 10 independent entitiesThe achievement enables Base to have a stronger security system and further decentralized controlCoinbase-developed Layer 2 blockchain Base announced Tuesday that it has reached Stage 1 decentralization, marking a key milestone in its journey toward pioneering an open, global onchain economy. The milestone was reached by launching permissionless fault proofs and also increasing the decentralization of its contract upgrade process with a security council.

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