Coin Education Profile picture
Feb 24, 2023 β€’ 8 tweets β€’ 3 min read β€’ Read on X
πŸ”Ž Coinbase just announced #BASE !

A new Ethereum L2 built on Optimism, here's what you should know. 🧐

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#Crypto #Bitcoin #Ethereum $btc $eth $coin #Coinbase Image
πŸš€ Coinbase's Base is a Layer 2 solution designed to improve scalability and reduce transaction fees on the Ethereum blockchain while maintaining its security.

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πŸ’» Built using Optimism's infrastructure, Base is developer-friendly and makes building decentralized applications faster, cheaper, and more accessible!

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πŸ’° Base is an affordable platform that processes transactions more quickly than Ethereum mainnet, offering a secure environment for developers building dApps.

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πŸ”’ With Base's high level of security, low transaction fees, and developer-friendly tools, it's an ideal platform for creating affordable dApps accessible to users worldwide!

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🌐 As an interoperable network, Base is designed to be a bridge to the next billion users in the cryptoeconomy, connecting Ethereum L1 and other Layer 1 ecosystems like Solana!

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πŸ§‘β€πŸ’» Base is currently in its testnet phase, with plans to decentralize the network over time and move towards a Stage 1 rollup in 2023 and a Stage 2 rollup in 2024!

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πŸšͺ With the potential to drive significant innovation in the world of blockchain technology, Base offers a more accessible, affordable, and developer-friendly environment for people worldwide! Thanks for reading!

πŸ”— Learn more on our blog! coin-education.com/blog/base-coin…

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