5 Takeaways From Coinbase's 'Base' Layer 2 Chain Launch
The Breakdown
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Base - A New Ethereum L2 Incubated by Coinbase
Base is an open source L2 that offers a secure, low cost way for anyone anywhere to build decentralized apps. Base won't be limited to Ethereum and will bridge to other L2s and L1s like Solana. They do not plan to issue a new network token for base and we will use ETH as a native gas token. Their announcement post makes their goals clear. It's all about applications.
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