@tolulope
Base Mainnet is now open for builders, marking a significant milestone in the network's development. This Ethereum Layer 2 solution, built by Coinbase, aims to bring the next billion users to web3, offering a secure, low-cost, and developer-friendly platform for building decentralized apps
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*Key Features:*
- _Secure and Scalable_: Leverages Ethereum's security and Coinbase's best practices
- _Low-Cost Transactions_: Dramatically reduces gas fees
- _Developer-Friendly_: Offers full EVM equivalence and easy-to-use bridges
- _Interoperable_: Provides easy access to Ethereum L1, other L2s, and L1 ecosystems like Solana
*Current Status:*
- Total Value Locked (TVL): Close to $4 billion, marking an 800% increase from approximately $430 million at the beginning of 2024
- Daily Active Addresses: Over 1 million, surpassing Layer 2 competitors
*Next Steps:*
- General Availability: Expected in early August
- Genesis Builder NFT: Commemorates early builders who deploy on Base Mainnet
BASE MAINNET SOON
@jesse.base.eth
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