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Posted: 2025-04-29 16:15:32 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-29 16:15:49 UTC
Verified By
Rollup News
Coinbase's Base network has reached "stage 1" rollup status, marking a significant step towards decentralization and reduced centralized control. It features a security council and permissionless fault proofs, and has become L2Beat's largest rollup since its launch.
Advancement of decentralization in layer-2 networks
Reduction of centralized control over Base network
Implementation of a security council for upgrade approvals
Use of permissionless fault proofs for transaction verification
Significant growth in total value locked (TVL) on Base
Maintaining security during decentralization
Ensuring effective governance through the security council
Verifying transaction independently