Base and OP Stack: A Commitment to Decentralization
Base, the Ethereum Layer 2 (L2) solution incubated at Coinbase, is dedicated to decentralization and aims to bring a billion users and a million developers into the blockchain ecosystem. Here are the key points:
– Base utilizes the open-source OP Stack, developed by the Optimism Collective, to create a shared, high-quality system for generating new L2 blockchains.
– The OP Stack extends beyond infrastructure for L2 blockchains and includes tools like block explorers and governance systems.
– Base’s collaboration with the Optimism Collective reinforces the OP Stack and contributes to Ethereum’s future of interconnected rollups and L2s.
– Base is committed to transitioning from a Stage 0 to a Stage 2 L2, focusing on scalability, reliability, and decentralization.
– Base’s roadmap includes milestones such as refining op-geth and op-node, backing the op-reth initiative, and incorporating the monitoring capabilities of “Pessimism.”
Base’s Allegiance to the “Law of Chains”
Base adheres to the “Law of Chains,” which establishes standards for Superchain protocols and emphasizes neutrality and a decentralized security model. Key points include:
– The “Law of Chains” framework protects users and operators and aims to obliterate centralization bottlenecks.
– Base pledges to allocate a portion of its sequencer revenue to the Optimism Collective and is involved in onchain governance, potentially acquiring up to 2.75% of the OP token supply over six years.
Hot Take
Base’s commitment to decentralization and collaboration with the Optimism Collective through the OP Stack demonstrates a strong dedication to building a robust foundation for the Superchain vision. With a focus on scalability, reliability, and decentralization, Base is poised to contribute significantly to the future of Ethereum’s blockchain ecosystem.
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