Coinbase’s Base Network Achieves ‘Stage 1’ Status, Reducing Centralization Risk


Description

Base, Coinbase’s Layer 2 network, has achieved "Stage 1" rollup status by introducing a decentralised security council of 10 global entities and enabling permissionless fault proofs, reducing its reliance on Coinbase and advancing toward full decentralisation.

Publish date

April 29, 2025