 | Base   |
Base is a low-cost, secure Ethereum L2 designed to bring the next billion users on-chain.
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Ethereum
BaseWhat is Base
Incubated within Coinbase and planning progressive decentralization, Base aims to create an open, global crypto economy accessible to all.
Secured by Ethereum, Base offers the security and scalability needed for decentralized apps, allowing easy asset onboarding and security from L1 and interaction with other L2 chains. The project provides a cost-efficient EVM environment and early access to Ethereum features.
Built on open-source code and developed in collaboration with Optimism, Base strives to be a public good. The project streamlines integration with Coinbase products and distribution for decentralized apps, offering seamless integrations, easy fiat onramps, and access to a vast user base and assets within the Coinbase ecosystem.
Base Roadmap
New protocols (Bitcoin, Ethereum, etc) were invented and people began to tinker with them. Open source communities developed around each protocol and early adopters began experimenting with how they could be used.
Coinbase started here. Investment or speculation is a bootstrapping mechanism for a payment network (in other words, it is the single-player mode of digital currency). And the creation of safe and easy to use exchanges served as a bridge for people to get their local currency into and out of digital currency.
To move beyond just exchange and investment, consumers and businesses needed an easy interface to start using digital currency and its applications. Countless applications have been built to let anyone, anywhere access the nascent cryptoeconomy, including Coinbase, Coinbase Wallet, Metamask, Rainbow, Trust Wallet, and others.
With the interfaces in place, our existing financial system now needs to be recreated on open networks and made globally accessible. We’re seeing this happen in front of our eyes: USDC has brought billions of dollars onchain, cbETH enables holders anywhere to secure the financial system while earning rewards, and hundreds of onchain apps are enabling countless individuals and institutions to transact with lower fees, more security, and unparalleled access.
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