Coinbase Launches An Ethereum L2 Network For Decentralized Apps
Join Our Telegram channel to stay up to date on breaking news coverage Coinbase, one of the largest crypto exchanges globally, announces the launch of an Ethereum Layer-2 Network, Base. Wha t- Coinbase launches its Ethereum Layer- 2 blockchains for Decentralized Apps. Why- The Network is designed to be a bridge to the cryptocurrency user What Next- The platform is providing a roadmap to mainnet and more developers’ resources for building on Base in a few weeks. On February 23, the crypto exchange revealed the launch of Base, an Ethereum layer-2 blockchain. According to the platform, Base will offer a secure, low-cost, developer-friendly environment for building de centralized applications (DApps) on the network. As per the exchange, the new network aims to onboard billions of users to the crypto space by providing an ecosystem that is accessible to developers. It would provide access to Coinbase’s products, users, tools, easy fiat on-ramps and powerful acquisi...