@web3node
Base L2 Chain New-User Walkthrough
This content provides a detailed guide on how you can interact on Base Blockchain.
Base is a layer2 scaling solution for Ethereum which has been running on public mainnet since August 2023.
It is the cheapest and most adopted L2 blockchain currently.
Before we dive fully into the guide,
i will give some metrics with regards to Base, for you to see how trusted and adopted the chain is.
Within 3 years of its public mainnet, Base has achieved:
▪︎The processing of more than 5.8 billion transactions.
▪︎Cheapest Ethereum L2 blockchain with average transaction cost of just $0.02
▪︎A Total Value Secured (TVS) of more than $14 billion
▪︎Over 700 live ecosystem projects including Aave, Uniswap, Lido et cetra.
Having seen these, let's fully go into the main business.
Base uses Ethereum as gas token and this means you need Ether on Base network (ETHbase) to be able to interact on the chain.
1 reply
0 recast
1 reaction