@snakshambillion.base.eth
@base.base.eth
Stage 1 Decentralization just killed Coinbase centralization fear (Nov 21, 2025):
Nobody talks about this: Base achieved Stage 1 decentralization (April 29, 2025).
What changed?
Stage 0 (Before June 2025):
Coinbase controlled sequencer
Coinbase could freeze transactions
Single point of failure
Stage 1 (Now - June 2025 onwards):
10-member security council (75% voting required)
26%+ votes must come from independent entities (not Coinbase)
Coinbase + Optimism + Council = joint consensus
Permissionless fault proofs = anyone can challenge invalid blocks
Why banks care:
Base can't freeze funds (decentralized sequencer)
Base can't change rules overnight (75% council vote required)
Base can't be shut down by one company (governance spread across 10 entities)
Compare:
Solana = Validator network but high centralization risk
Arbitrum = Centralized sequencer (still trusting one entity)
Base = 10-entity security council governance (distributed trust)
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