Coinbase’s Base Mainnet Launches – 100+ dApps Now Available!


Summary

  • The Base Network, developed by Coinbase cryptocurrency exchange, has officially opened to the general public.
  • The network is a Layer 2 solution that operates as a rollup network, offering dApps an alternative to Ethereum with lower transaction fees and higher transaction speeds.
  • In celebration of the mainnet launch, users will have the option to mint a unique “Base, Day One” NFT.

Coinbase’s Base Mainnet Opens To The Public

Coinbase’s Base mainnet is now open to the general public. Built on Optimism’s software stack called OP Stack, it is a Layer 2 solution that aims to offer dApps an alternative to Ethereum. It features over 100 dApps and service providers as part of its ecosystem and offers users lower transaction fees and higher transaction speeds compared to Ethereum. In celebration of the mainnet launch, users will have the option to mint a unique “Base, Day One” NFT.

What Is The Base Network?

The Base Network is built on Optimism’s software stack called OP Stack. It is a Layer 2 solution that aims to offer dApps an alternative to Ethereum by providing lower transaction fees and higher transaction speeds. The Base Network currently features over 100 dApps and service providers as part of its ecosystem since its developer-only release in July and testnet launch in February.

Integration With Other Cryptocurrency Projects

The Base Network has integrated with a wide range of cryptocurrency projects including DeFi protocols , wallets, bridges, oracles, and both analytics and infrastructure providers since its developer-only release in July and the testnet launch in February. Users had transferred assets valued at over $100 million to the Base network in the lead-up to the mainnet launch.

„Onchain Summer“ Event

The official Base launch has coincided with the “onchain summer” event that is scheduled to run for several weeks. The event emphasizes promoting Base’s mainnet partner dApps in gaming, digital art, and music fields.