Quick Overview
Base is a Layer 2 scaling solution built on top of Ethereum, developed in collaboration between the American cryptocurrency exchange platform Coinbase and Optimism, aimed at providing developers with a secure, low-cost, and user-friendly application deployment environment. Base is compatible with all EVM wallets and Coinbase wallets, supporting various application scenarios such as payment applications, token swaps, liquidity provision, cross-chain asset bridging, and DAO launches.
What is Base?
Base is a second-layer blockchain built on Ethereum (L2), officially launched by the American cryptocurrency exchange Coinbase on August 9, 2023. The reason Base has gained widespread attention in the crypto space is that it is the first blockchain network introduced by a publicly traded company.
The development of Base adopted Optimism's OP.