Entities

Base

Industry
Location
Founding Date
2022
Parent Entity

Base is a secure, low-cost, builder-friendly Ethereum L2 built to bring the next billion users on-chain. Base’s network emphasizes security through a combination of fraud-proof rollups, optimistic rollups, and state channels. The network provides easy and secure access to Ethereum L1, other L2s, and other L1 ecosystems like Solana, making it possible for anyone, anywhere, to participate in the cryptoeconomy. Base is an easy way for decentralized apps to leverage Coinbase’s products and distribution. The network is built to be the on-chain home for Coinbase products, users, and assets, as well as an open ecosystem where anyone can build for them.

ABOUT BASE

  • Base is an Ethereum Layer 2 chain that offers a safe, low-cost, developer-friendly way to build on-chain. Base is built on Optimism’s open-source OP Stack. 

  • The network is being incubated by Coinbase, leveraging their experience in building crypto products and planning to progressively decentralize the chain over time.


ABOUT COINBASE


BASE HIGHLIGHTS

It leverages the underlying security of Ethereum, along with Coinbase’s best practices, to enable you to confidently onramp into Base from Coinbase, Ethereum L1, and other interoperable chains.

Seamless Coinbase product integrations, easy fiat onramps, and powerful acquisition tools enable developers to serve the 110m verified users and $80B+ assets in the Coinbase ecosystem.

  • Big Features, Small Fees. 

Base offers full EVM compatibility at a fraction of the cost and is committed to pushing forward the developer platform. 

  • Open Source. 

Base aims to be decentralized, permissionless, and open to anyone with the vision of creating a standard, modular, rollup agnostic Superchain powered by Optimism.