Base denies the accusations regarding the sale of ETH by the Coinbase sequencer
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https://en.cryptonomist.ch/2025/02/10/base-denies-the-accusations-regarding-the-sale-of-eth-by-the-coinbase-sequencer/
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Base denies allegations of selling ETH sequencer fees
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In recent days, rumors have circulated that Coinbase, through its Layer-2 Base scalability solution, had sold Ethereum (ETH) accumulated by the network’s sequencer.
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The sequencer is responsible for collecting transactions, sorting them, and sending them to the blockchain for finalization. This process ensures greater efficiency and reduces costs compared to direct transactions on the Ethereum mainnet.
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