2min chapter

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Coinbase Announces Base🔵, an Ethereum L2 Network Powered by Optimism

Bankless

CHAPTER

Coin Base

We're going to be running the sequencer to start. And then over the next year or so, we're working to decentralize that sequencer. We want to make sure that there's no perception or reality of coin base trading against our customers. So we're going to basically offer that as a neutral mempool that anyone can execute in. For the time when coin bases running the sequencers, we won't be doing anything with M.E.V. It's just going to be kind of ordered based on the time they enter the mempool and the priority fee that they set.

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