Base Becomes Largest Ethereum Layer 2 with $2.5 Billion TVL

Base reaching $2.5 billion in TVL is a testament to the growing demand for efficient Ethereum Layer 2 solutions. Show More

https://blockchainreporter.net/base-becomes-largest-ethereum-layer-2-with-2-5-billion-tvl/
Base Skyrocketing ! What do we learn from that?

The Coinbase's EVM L2, BASE is on ATH for the Second week on New Addresses.

In contrast, the Revenue from Fees are low! Show More

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BASE userbase is just Skyrocketing!

As Arbitrum Monthly active users plummet to below 5 million, Base surges to almost 15m, that's a 300% growth! Show More

This is a solution in which many Apps will be developed and thrive, using the seamlessness and easier approach from the already big coinbase userbase, just like the Binance-BSC sinergy. Show More

Base is BSC for white people.”

I didn't write that, but it’s hilariously accurate. Someone reposted it in my X feed back in August (who remembers Onchain Summer?) when Base threw its hat into the ETH L2 ring. Show More

Coinbase is like Zlatan. Coinbase choose you, you don't choose Coinbase.

This review is mainly about their Phase 2, the exchange, thus the listing. Show More

Base adopts the Tendermint consensus algorithm, also utilized by networks like Cosmos and Binance Chain, enabling high throughput, low latency, and achieving finality within seconds. Show More

As of August 25, 2023, DeFi Pulse reports that Coinbase's primary network boasts a Total Value Locked (TVL) of $12.4 billion, securing its position as the fourth-largest layer 1 platform in terms of TVL, trailing behind Ethereum, Solana, and Binance Smart Chain. Show More

Base is a new Ethereum L2 network, incubated by Coinbase and built on the open-source OP Stack. Show More

Base caught my attention for its commitment to providing a secure, low-cost, and developer-friendly layer-2 solution on Ethereum. Show More

Over the past decade, this company has been on a relentless quest to create something truly groundbreaking—an open financial system that empowers individuals globally. Show More

This feels like a cheap Ethereum knock off. But the influence of Coinbase will probably drive it to wide adoption. Show More

Base is a layer-2 blockchain on Ethereum developed by Coinbase exchange based on Optimism's OP Stack technology. Show More

It is no secret that Base was incubated by Coinbase, and apparently it was all apart of a ‘secret master plan’ Coinbase CEO, Brain Armstrong’s came up with in 2016 for the fourth phase of the company's development, where decentralised apps would become the focus and be aimed at reaching one billion people. Show More

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