Coinbase’s L2 Network Base Opens Mainnet for Builders

The team behind Base – the Ethereum Layer 2 chain built on OP Stack in collaboration with Optimism – said its mainnet is available for builders to deploy their products.

The entity will release a “Genesis Builder” NFT to commemorate those who entered the ecosystem from the very beginning. However, it has no intention of issuing a network token.

latest move

a base announce The testnet launched in February, allowing it to connect with “amazing builders and watch their projects begin to blossom” on the network, enabling on-chain games, restaurants, communities, and invitation.

The Base mainnet aims to double previous success, providing “hands-on support” to developers deploying products into the ecosystem. The entity disclosed that builders can bind ether (ETH) to Base for Gas during this phase through the use of gateway proxy nodes. “Do not send any asset other than ETH to the portal’s proxy contract,” the team warned.

Various tools, including smart wallet infrastructure, node providers, data indexers, and more, are already on the mainnet and are intended to support the creators’ efforts.

Base highlighted its most recent achievement, confirming that it had completed all necessary criteria, such as proving the stability of the test network, successfully optimizing Bedrock scaling, and completing internal and external audits.

“We are grateful for the community’s patience as we work through these standards, and are excited to welcome everyone to a secure, scalable, and easy-to-build base,” the statement reads.

What then?

Base is preparing for a public launch in early August when more users will be allowed to join the network.

“With the launch of mainnet GA in early August, we will welcome everyday users to feel how on-chain is next online with a seamless, easy, and secure experience across hundreds of products on Base.”

The base is enabled by cryptocurrency exchange Coinbase. One of its advantages is that it allows users to build decentralized applications with access to the platform’s products, clients, and tools.

The network leverages the underlying security of Ethereum combined with Coinbase’s industry expertise to enable consumers to use Layer 1 and Layer 2 blockchain protocols.