Just felt like putting up this little thread 🧵 on @base.

Walk with me as we explore the base ecosystem.

Base is a blockchain developed by Coinbase, a  well-known cryptocurrency exchange. Here are some key points about Base.

Key Features about base

✓ Layer 2 Scaling solution: Base is built as a layer 2 Scaling solution in the Ethereum blockchain, aiming to improve scalability and reduce transaction costs.

✓ Ethereum compatibility: Base is designed to be fully compatible with the Ethereum ecosystem, allowing seamless integration

✓ Security: Base leverages the security of the Ethereum mainnet while providing additional scalability features. 

Potential Use Cases

✓Decentralized application (dApps): Base can support the development of decentralised applications, including Defi, gaming, and social media platforms.

✓ Decentralized finance (DeFi): The blockchain's focus on scalability and low costs can make it an attractive platform for DeFi applications.

✓ NFTs and digital assets: Base can also support the creation, trading, and management of non-fungible tokens (NFTs) and other digital assets.

The base ecosystem keeps developing and it's adoption and features/use cases might evolve over time.

with existing Ethereum application and tools.

✓ Coinbase integration: As  Coinbase developed blockchain, Base is likely to have strong integration with Coinbase's products and services, potentially making it easier for users to interact with the blockchain.