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Base: The Rise and Challenges of the New Star in the Ethereum Layer 2 Network
Base: Building the Next Generation Ethereum Layer 2 Network
Base is an Ethereum Layer 2 network built on the open-source OP Stack. It aims to provide security and scalability for decentralized applications while maintaining low costs and high performance.
The Main Advantages of Base
The Original Intention of Building Base
In the past few years, a certain trading platform has gradually launched several native on-chain products, such as USDC and cbETH. These products have brought considerable activity and revenue to the platform. In the future, the team hopes to develop more products that fully leverage the capabilities of the on-chain environment in order to bring more users into the crypto economy.
To achieve this goal, it is necessary to make it easier for developers to build decentralized applications. This is precisely the original intention of the Base project.
Core Principles of Base
Project Progress
2023 Roadmap
Summary
Base and Optimism are both built on the OP Stack. Base aims to attract more developers to build applications and layer 2 networks on the OP Stack, ultimately creating a highly interoperable and low-cost transaction Ethereum superchain ecosystem among multiple chains.
Thinking
The emergence of Base reflects the industry's trend from "beyond Ethereum" to "developing around Ethereum." The challenges it faces include how to maintain competitiveness without issuing tokens and how to achieve decentralization in a strict regulatory environment.
In the future, whether Base can successfully balance regulatory compliance and user attraction, as well as how it can compete with other layer two networks without issuing tokens, will be a focal point worthy of attention.