@siyahbeyaz
base
It is an Ethereum Layer 2 network developed by Coinbase. In short: Very cheap and fast transactions (one tenth the cost of Ethereum)
It runs on Optimism's OP Stack technology
Security comes from the Ethereum main chain
It has no own token, fees are paid in ETH
The goal is to get the next billion users on the chain
Currently, it is one of the most active L2 networks with memecoin craze, social applications (BaseApp), DeFi and NFT projects. It grew incredibly, especially in 2024 2025. In short:
"Coinbase's publicly launched, cheap, fast L2 that brings Ethereum to the masses"
@base.base.eth @jesse.base.eth
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