Coinbase launches Base, a Layer 2 network built on Optimism's OP Stack, offering access to Ethereum, Solana, and others, and has no plans for new network tokens
Sign up and get crypto Explore Learn Individuals Businesses Developers Company Sign … The Optimism Collective : Optimism Goes m̶u̶l̶t̶i̶ Superchain Tyler Pearson / DL News : SBF hit with new charges, Coinbase announces new blockchain, Binance closes accounts Emmaculate Nyaboke / Inside Bitcoins : Coinbase Launches An Ethereum L2 Network For Decentralized Apps Jeremy Nation / The Block : Coinbase unveils its Ethereum Layer 2 network that won't have a token Jacquelyn Melinek / TechCrunch : Coinbase's layer-2 blockchain may help expand scaling on Ethereum Noelle Acheson / Crypto is Macro Now : “It's still magic even if you know how it's done.” - Terry Pratchett Jacquelyn Melinek / TechCrunch : Coinbase launches blockchain Base to help developers build dApps on-chain Steve Muchoki / Coinspeaker : Coinbase Unveils Ethereum L2 Scaling Solution Dubbed Base with No Network Token Simon Chandler / Cryptonews : Ethereum Price Prediction as $9 Billion Trading Volume Comes In - Can ETH Overtake Bitcoin? Wu Blockchain : Five key points about Coinbase L2 Base: No Token, OP Stack, Onboard 100m users Sohrab Khawas / Coinpedia Fintech News : Coinbase's New Blockchain Platform Boosts Ethereum Confidence Market Colour : Coinbase Launches Ethereum Layer-2 Network, Base, as It Enters Phase 3.5 of Its “Secret Master Plan” Muyao Shen / Bloomberg : ‘Impersonation’ Tokens Swiftly Follow Coinbase Blockchain Debut Coinmonks : Coinbase To Launch Own Ethereum L2 Scaling Network Called “Base” Base : Decentralizing Base with the OP Stack and Optimism Jamie Redman / Bitcoin News : Crypto Exchange Coinbase Launches Ethereum L2 Scaling Network Called Base Brayden Lindrea / Cointelegraph : Coinbase new blockchain seen as ‘massive confidence vote’ for Ethereum Benson Toti / CoinJournal : Optimism price prediction: OP spikes after Coinbase launches Base on OP stack Anvesh Reddy / CoinGape : Coinbase Layer 2 Blockchain Launch Powers Optimism ($OP) Token, Here's Why Siamak Masnavi / CryptoGlobe : Coinbase's Based Approach to Onboarding Over a Billion People Into the Crypto Economy Florence Muchai / Cryptopolitan : Coinbase Launches Layer 2 Blockchain Base to help developers build dApps on-chain Mehron Rokhy / The Daily Hodl : Ethereum Scaling Project Surges As Coinbase Launches Layer-2 Support Samuel Edyme / NewsBTC : Optimism (OP) Surges 17% As Coinbase Launches L2 On OP Stack Kyt Dotson / SiliconANGLE : Coinbase introduces Base, a developer-friendly Ethereum Layer 2 blockchain Samuel Wan / CryptoSlate : Optimism jumps 22% following Coinbase ‘Base’ layer 2 announcement Ronaldo Marquez / Bitcoinist.com : Coinbase Launches Ethereum L2 Network “Base”, Stock Rallies Tom Carreras / Crypto Briefing : Coinbase Launches its Own Ethereum Layer 2 Solution Samuel Mbaki Wanjiku / crypto.news : Coinbase launches Ethereum L2 network, Base Stacy Elliott / Decrypt : Coinbase Is Building Its Own Ethereum Layer-2 Network Called ‘Base’ Muyao Shen / Bloomberg : Coinbase to Launch Blockchain Network as Part of DeFi, NFT Expansion Renato Capelj / Benzinga : Coinbase Launches Base To Bring Next Billion Users Into Web3, Cryptoeconomy Jordan Lyanchev / CryptoPotato : Coinbase Launch ETH Layer-2 Network Based on Optimism, OP Token Pumps 6% Tweets: @coinbase : 1/ 🔵 We're excited to announce @BuildOnBase. Base is an Ethereum L2 that offers a secure, low-cost, developer-friendly way for anyone, anywhere, to build decentralized apps. Our goal with Base is to make onchain the next online and onboard 1B+ users into the cryptoeconomy. https://twitter.com/... Brian Armstrong / @brian_armstrong : 1/ Today, Coinbase is launching @BuildOnBase, an Ethereum layer 2 that will help improve scalability and usability of crypto, so we can bring economic freedom to 1B+ people. @buildonbase : 3/ Base will be: → The onchain home for @Coinbase → An open ecosystem where anyone, anywhere, can build dapps that reach the next 1B+ users → A bridge that brings our users onchain and enables them to go anywhere, including L1, other L2s, and ecosystems like Bitcoin & Solana @0xfoobar : base's bridge is off to a rough start, every single transaction reverting and the bridge contract is unverified so nobody can figure out what's going on https://twitter.com/... @buildonbase : 0/ 🔵 Hello world. Meet Base, an Ethereum L2 that offers a secure, low-cost, developer-friendly way for anyone, anywhere, to build decentralized apps. Our goal with Base is to make onchain the next online and onboard 1B+ users into the cryptoeconomy. https://base.mirror.xyz/... Konstantin Richter / @konstantin11 : Extremely impressed with @coinbase and what they are doing for our ecosystem. A public company enabling large scale adoption of crypto assets and decentralized infra ... chapeau. https://twitter.com/... @whalecointalk : 🧿@coinbase launches #Base, a secure, low-cost, developer-friendly Ethereum L2 with the motto, “bring the next billion users to web3”. Base will serve as a home for #Coinbase's on-chain products and also as an open ecosystem for developers.🦾 More info↘️ https://www.coinbase.com/... @buildonbase : 1/ Important: Base is *not* a token We do not plan to issue a new network token for Base and will use ETH as the native gas token. @wrongusernfts : “A bridge, not an island” Coinbase all about that web3 ethos, quoting Solana btw Very bullish on Coinbase, Base and the fact that they won't issue any network tokens (another bullcase for ETH) https://twitter.com/... https://twitter.com/... Parker / @pt : I think the TCP metaphor has been a huge net negative for crypto. Everybody thinks the next step is another abstraction layer for developers when what's needed is consumer-relevant non-speculative apps. Ironic, and too bad, that nobody has built the token ring of crypto. https://twitter.com/... Eric Yakes / @ericyakes : Coinbase launching a crypto project w/o issuing a token and instead financing it's development via a fund says a lot about their view of future token regulatory environment https://www.coindesk.com/... @_vlxd : If web3 had a new user every time a new protocol/platform/blockchain/ shitcoin put “built to bring the next billion users to web3”, it already had a billion users https://twitter.com/... @alexanderchopan : “•Set up gasless transactions for your dapps with easy developer APIs for account abstraction, and securely build multichain applications with easy-to-use bridges.” https://twitter.com/... @macro_diary : I applaud Coinbase on building a new L2 on #Ethereum and not a side chain or another L1 The future of finance will be settled on #Ethereum and the faster we can onboard billions of users into the self-custodial, Ethereum ecosystem, the better it will be for all 🙌💙 https://twitter.com/... @nadertheory : Whereas FTX was trying to kill DeFi and centralize crypto into their control, @coinbase and @brian_armstrong have the vision to *thrive* on decentralization and build their business around it. This is the difference between a true believer and a tourist. https://twitter.com/... @paralleltcg : We are excited to share that Parallel will be using Base for in-game reward emissions of PRIME. https://twitter.com/... @sassal0x : Coinbase just announced that they are launching a layer 2, named Base, on Ethereum and powered by Optimism. Ethereum is becoming the world's settlement layer. @layer3xyz : Congratulations to our friends at @coinbase on the launch of their new L2! 🔵 Try Base now by bridging Goerli ETH in our latest Quest: https://layer3.xyz/... https://twitter.com/... Conor / @jconorgrogan : Excited to finally announce Base Lot of blood, sweat and tears into getting this off the ground! We think you will like it https://twitter.com/... Luke Martin / @venturecoinist : Remember how bullish it was for $SOL when SBF/FTX backed it? That same thing just happened for $OP with Coinbase...except this time it doesn't end with Sam stealing all your money. Based & bullish. https://twitter.com/... Adam Cochran / @adamscochran : Brian: Bald & BASE'd. Launching the BASE layer for crypto. https://twitter.com/... Brian Armstrong / @brian_armstrong : @BuildOnBase 2/ Base is a platform for developers to build the next generation of decentralized apps in the cryptoeconomy. It is designed as a secure, low-cost, developer-friendly platform that enables anyone, anywhere, to build. @coinbase : 4/ We've incubated Base inside @Coinbase, leveraging our last decade of experience in crypto. Seeded with Coinbase products, users, and assets, we aim to make Base an open ecosystem for everyone. Read more about why we're building Base on our blog: https://www.coinbase.com/... @alex : hyper-curious about this move kinda a long-term move by $COIN to try and grow the overall crypto market so that it's role as central hub for US market becomes more val over time? https://twitter.com/... @aeyakovenko : Congrats @coinbase! This is huge. A public US company is running a trust minimized execution environment for customers assets. This is the first step of many of software eating all of finance. 🚀🚀🚀 https://twitter.com/... @tier10k : [DB] Base Will Commit a Portion of Transaction Fee Revenue Back to an Optimism Collective Treasury: Blog @0xfoobar : Incredibly bullish for decentralized crypto. The “exchange as rollup” thesis playing out before our eyes. Will accrue significant cultural & economic value to Ethereum https://twitter.com/... @loopifyyy : Coinbase just announced a new ETH L2 called Base (powered by Optimism)! Massive news. @tier10k : [DB] Coinbase Announces Base, an Ethereum L2 Network Powered by Optimism @tier10k : [DB] Coinbase: No Plans to Issue a New Network Token Satvik Sethi / @sxtvik : Coinbase is launching an L2 called Base. Rip everyone expecting an airdrop. But chain wars just got more exciting 🫣 Adam Cochran / @adamscochran : Fantastic all around. This is a game changer. L2 testnet, ready to bring web3 to 110M+ users. EVM equivalence + gasless transactions, APIs, account abstraction and native bridging. Professional RPC nodes from day one. https://twitter.com/...