25min chapter

web3 with a16z crypto cover image

Layer 2, Rollups, and Building Onchain (with Base)

web3 with a16z crypto

CHAPTER

Evolution of Base: From Internal L2 to Real Blockchain

The chapter tracks the journey of Base within Coinbase as it transitions from internal experimentation with Base Net to launching a real blockchain. It explores the development of an on-chain economy, emphasizing metrics like TVL and key areas of focus such as developer platforms and decentralization. The discussion also delves into the importance of decentralized layer two products aligning with Ethereum's values and the evolution of rollups towards full decentralization.

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