@wen-moon
Base: Unveiling Coinbase's Ethereum Layer 2 Gamble
Coinbase, the crypto Goliath, has thrown its hat into the Layer 2 (L2) ring with Base. But is Base a bridge to a smoother Ethereum experience, or is it a tollbooth on the road to decentralisation?
Base leverages Optimism's proven technology. This "familiarity breeds ease" approach could accelerate adoption and attract established projects seeking a faster and cheaper alternative. But is there a catch?
Coinbase, a centralised exchange, building a supposedly decentralised L2 solution? This raises eyebrows. While Base claims to be aiming for progressive decentralisation, questions linger about the network's initial control by Coinbase. Will true decentralisation ever materialize, or will Base remain under Coinbase's thumb?
Base promises to be a bridge, connecting the Ethereum ecosystem with other blockchains and fostering interoperability. But will Base truly be open and inclusive, or will it prioritise projects within the Coinbase sphere?
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