Coinbase "Base Achieves Stage 1 Rollup"

Source
JH Kim

Summary

  • Coinbase's Layer 2 network Base has achieved Stage 1 Rollup, gaining attention.
  • With the achievement of Stage 1 Rollup, permissionless fraud proofs have become possible on Base.
  • Tom Vieira, the product manager, explained that this has paved the way towards full decentralization.

According to cryptocurrency-focused media outlet CoinDesk on the 29th (local time), Coinbase's Layer 2 network Base has reached Stage 1 Rollup, and as a result, a security committee has been formed.

Tom Vieira, Base's product manager, explained in an interview with the media, "Stage 1 Rollup has enabled permissionless fraud proofs on Base," adding, "It has paved the way towards full decentralization."

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JH Kim

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