2min chapter

Bankless cover image

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

Bankless

CHAPTER

Introduction

Coinbase is launching a layer two chain called base. Base will be the place that Coinbase deposits its millions and millions of users into the world of on-chain activity without having to push them into the high gas fees, low latency speed of the Ethereum layer one. What are the decision points that went into making this base chain? How long has this been in production? Why did they choose to build on Optimism's OP stack? What is base going to look like? Is it going to be permission? Is itGoing to be open? What are you going to be able to do there? There are so many questions and we ask Jesse all of these questions in this coming episode.

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