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Saryna |•|

@saryna

šŸ“ššŸŸ¦ What is Base and why was it created? Base is a Layer 2 network on the Ethereum blockchain launched by Coinbase. What does Layer 2 mean? It processes transactions off the main network and then records the results on Ethereum. šŸ”¹ What are the advantages? Transaction fees are much lower. Transaction confirmation speed is faster. Compatible with all Ethereum smart contracts and DApps. šŸ”¹ How does it work? Base uses Optimistic Rollup technology: It groups transactions, sends them to Ethereum at once, and thus reduces costs. šŸ”¹ Why is it important? Direct support from Coinbase Open source and transparent A good platform for new projects, NFTs, DeFi, and even airdrops šŸ’” Tip: Using Base can be attractive for users looking for low fees and high speed, especially for new projects. #Base #Coinbase #Layer2 #Ethereum #Blockchain #Crypto #baseapp
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