Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
No Result
View All Result

Coinbase’s Base launches mainnet for builders, will onboard users in August

CryptoExpert by CryptoExpert
July 13, 2023
in Blockchain News
0
Coinbase’s Base launches mainnet for builders, will onboard users in August
  • Facebook
  • Twitter
  • Pinterest


You might also like

Mantle Tokenholders Back Aave Credit Facility After rsETH Exploit

Revolut BTC Price Glitch Shows $0.02 Amid User Panic

Kelp DAO Fallout Pushes Solv, DeFi Protocols Toward Chainlink

Coinbase’s Base mainnet is now “open for builders,” according to a July 13 blog post from the network’s development team. The team is opening the network to builders ahead of its public launch to allow more time for user onboarding. Base also announced that the public launch of the network will occur in August.

Since our testnet launch, we’ve connected with incredible builders and watched their projects thrive on Base.

Now it’s time to take the next step: Base mainnet is now open for builders.https://t.co/YvlQxquhvY

— Base ️ (@BuildOnBase) July 13, 2023

Coinbase announced the creation of the Base network on Feb. 23. The team claimed that the network would be a layer-2 of Ethereum and would use the OP Stack software used by Optimism. The announcement was celebrated in the Ethereum community, as many users saw it as a “massive confidence vote” for Ethereum.

In the team’s July 13 announcement, it stated that the Base mainnet now has two functioning block explorers and an official RPC node that can be used to read data and transmit transactions. Data from these block explorers shows the network has been running since July 2 and has processed over 1 million transactions.

Base transactions as of July 13. Source: BaseScan block explorer

An official “OptimismPortal,” or Base bridge contract, has been deployed to Ethereum, blockchain data shows. According to the team, this contract allows developers to transfer Ether (ETH) to the new network to pay gas fees. However, the bridge does not have a web-based user interface (UI), so its functions can only be called via a command-line interface or by running scripts.

okex

The team stated there will not be a publicly available bridge with a UI during the initial “builder” phase, as this feature is being saved for the upcoming public launch, and the team has asked developers to refrain from launching UIs for their own apps until then.

Related: Optimism network transactions surged 67% following Bedrock upgrade

The team is allowing builders to mint a “Base is for builders” commemorative nonfungible token (NFT) in honor of the event and is also giving away a “Genesis Builder NFT” to any developer that deploys a contract to the network and fills out a form on the project’s website.

Optimism Labs, creator of the OP Stack, has claimed that Base and Optimism will eventually form a “Superchain” of multiple networks that share the same security features. The Superchain will likely face competition from zkSync’s “Hyperchains,” which are being developed to have many of the same features as the Superchain.



Source link

  • Facebook
  • Twitter
  • Pinterest
Tags: Ethereum
CryptoExpert

CryptoExpert

Recommended For You

Mantle Tokenholders Back Aave Credit Facility After rsETH Exploit

by CryptoExpert
May 9, 2026
0
Cointelegraph

Mantle tokenholders backed a proposal authorizing a credit facility of up to 30,000 Ether (ETH), worth about $68 million, for Aave DAO, advancing remediation tied to bad debt...

Read more

Revolut BTC Price Glitch Shows $0.02 Amid User Panic

by CryptoExpert
May 9, 2026
0
Pyth Network Integrates Price Oracles with IOTA EVM

Alvin Lang May 08, 2026 12:14 Revolut users reported Bitcoin (BTC) dropping to $0.02 due to a platform-specific glitch. Experts point to data feed...

Read more

Kelp DAO Fallout Pushes Solv, DeFi Protocols Toward Chainlink

by CryptoExpert
May 8, 2026
0
Cointelegraph

Decentralized finance protocols are reevaluating their blockchain oracle providers’ security after the fallout from the $293 million Kelp DAO exploit last month. Several protocols have announced migrations to...

Read more

What is Proof of Stake (PoS) vs. Proof of Work (PoW)?

by CryptoExpert
May 8, 2026
0
What is Proof of Stake (PoS) vs. Proof of Work (PoW)?

Proof of Work (PoW) and Proof of Stake (PoS) are the two primary consensus mechanisms blockchains use to verify transactions and secure their networks without a central authority....

Read more

Polygon Reduces Block Production Time to 1.75 Seconds

by CryptoExpert
May 8, 2026
0
Cointelegraph

Blockchain layer-2 (L2) network Polygon reduced its average block time by 250 milliseconds to 1.75 seconds, marking its first block-time reduction since genesis as the network pushes deeper...

Read more
Next Post
$100K BITCOIN IN 2021? Crypto expert shares the best way to approach market cycles

$100K BITCOIN IN 2021? Crypto expert shares the best way to approach market cycles

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 80,389.00
ethereum
Ethereum (ETH) $ 2,315.54
tether
Tether (USDT) $ 0.999888
xrp
XRP (XRP) $ 1.42
bnb
BNB (BNB) $ 649.30
usd-coin
USDC (USDC) $ 0.999923
solana
Solana (SOL) $ 93.35
tron
TRON (TRX) $ 0.351822
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03
staked-ether
Lido Staked Ether (STETH) $ 2,265.05

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?