Base network announced it has achieved Stage 1 decentralisation under Vitalik Buterin’s rollup framework

Description

Base, the Ethereum Layer 2 network developed by Coinbase, announced it has achieved Stage 1 decentralisation under Vitalik Buterin’s rollup framework, reducing reliance on centralized actors.

Event date

April 29, 2025

Quotes that support claims

Base has achieved stage 1 decentralization, a critical milestone in our journey to build an open and global onchain economy

Base, the popular layer-2 network from cryptocurrency exchange Coinbase (COIN), is now a “stage 1” rollup, said the company, setting up its path towards full decentralization

Base has advanced to stage 1 in Vitalik Buterin’s rollup decentralization model, lowering its dependence on centralized entities

Tags

Week 18 of 2025