Bankless
1 Billion Users Onchain | Jesse Pollak of Base
May 2, 2024
Jesse Pollak, co-creator of Base and driving force behind Coinbase's L2 scaling solution, shares how they aim to onboard a billion users onto the blockchain. He discusses Base's impressive growth, scaling by 400x, and its pivotal role in making on-chain transactions more accessible. Pollak delves into reducing transaction costs, the potential for free transactions, and the decentralization debate surrounding Base. Plus, he gives a sneak peek at the exciting Onchain Summer II initiative, designed to boost community engagement and innovation.
01:05:20
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Quick takeaways
- Base aims to accommodate one billion users on chain through massive scaling efforts and cost management.
- Developers might cover gas fees for gasless transactions to improve user experience and drive mainstream adoption.
Deep dives
Decade of the World Moving on Chain
The speaker believes that the current decade will witness a rapid transition to on-chain technologies, predicting that by the end of the decade, the entire world will operate on the blockchain, emphasizing the acceleration of this movement.
