Base, the Ethereum-based Layer-2 (L2) blockchain protocol affiliated with leading American crypto trading platform Coinbase, has unveiled the fundamental requirements that will guide its highly anticipated mainnet launch. According to a recent announcement from the official Twitter account of the Base protocol, the success of the mainnet launch hinges entirely on implementing robust safety and security measures.
In a departure from the conventional design models of most Layer-2 protocols, Base made an amazing revelation by stating that it does not intend to introduce a native token. Though not entirely novel, this announcement sets Base apart in the L2 landscape. The protocol acknowledged the entry of numerous innovative projects building on its platform since the launch of its testnet and expressed its intention to expand this ecosystem further over time.
Base Prioritizes Reliability And Scalability In Mainnet Launch Preparations
As part of its preparations for the mainnet launch, Base Protocol has dedicated significant efforts to audit its codebase and infrastructure thoroughly. This comprehensive evaluation ensures the protocol’s reliability and resilience. Additionally, the protocol has undergone rigorous load testing to ensure scalability and has extended support to @optimismFND’s Bedrock upgrade while prioritizing a seamless developer experience.
Since its testnet went live earlier this February, it has achieved two of the five criteria to determine its readiness for the mainnet launch. These accomplishments include the successful testnet Regolith hardfork and the completion of the infrastructure review in collaboration with the OP Labs team. However, the crucial milestone of upgrading the Optimism mainnet to Bedrock remains to be achieved.
Furthermore, Base is committed to finalizing its protocol audits, ensuring the absence of critical issues, and maintaining the stability of its testnet. Following the mainnet launch, the protocol will enter the Genesis Window, a period marked by Decentralized Applications (DApps) deployment. It has pledged to provide hands-on support to developers during this phase and plans to recognize early DApps launching on its platform.
The significance of Layer-2 protocols in the evolution of decentralized infrastructures cannot be overlooked as the blockchain ecosystem matures. In addition to Base, Shiba Inu is actively developing its own L2 solution called Shibarium, joining many initiatives to scale the Ethereum protocol. Post-launch, the Coinbase-linked protocol will also face competition from Arbitrum and Polygon zkEVM.
Layer-2 Protocols and the Future of Decentralized Infrastructures
Layer-2 protocols, including Base, play a vital role in scaling the Ethereum protocol and facilitating the growth of decentralized applications. It aims to establish itself as a secure and reliable L2 protocol, actively supporting developers and fostering innovation. The success of Base and other Layer-2 protocols will contribute to the maturation of blockchain technology.
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