black and cold white
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very hot
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San Francisco, December 2, 2025 – Coinbase's Ethereum Layer-2 network, Base, has reached a significant benchmark by attaining Stage 1 Decentralization, marking a crucial step toward a fully open and global onchain economy. This upgrade enhances the network's resilience and aligns with its ongoing exploration of a native token launch, fueling renewed speculation about potential airdrops and ecosystem rewards.In an official update shared today, Base emphasized its commitment to decentralization without plans for a new network token at this stage—contradicting earlier rumors but leaving room for future developments. "Base is a global onchain economy, and we're building it together, in the open," the team stated, highlighting investments in five key pillars: builders, apps, ownership, markets, and onboarding users worldwide. The Stage 1 milestone includes improvements to the sequencer infrastructure, addressing past vulnerabilities like the 33-minute outage in August 2025 caused by a faulty transition.
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