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Coinbase Releases Open-Source Smart Contract Code and GitHub Repository for Ethereum Layer-2 Scaling Solution

Coinbase Releases Open-Source Smart Contract Code and GitHub Repository for Ethereum Layer-2 Scaling Solution

The Code Repository of Coinbase-Backed Ethereum Layer-2 Scaling Solution Base is Now Publicly Accessible

The team behind the Ethereum (ETH) layer-2 scaling solution Base, which is backed by Coinbase, has made its code repository available to the public. They announced on social media platform X that all of Base’s contracts and scripts are now accessible on GitHub.

“One of Base’s core values is building in the open. We believe this is foundational to building an on-chain ecosystem, creating accountability, and enabling collaboration. In this spirit, we’ve open-sourced our smart contract and GitHub repos,” the team stated.

This move by Base aims to enhance transparency, which can help prevent errors and improve security. By open-sourcing their smart contract repositories, Base provides developers with increased visibility into their contract development, deployment, and upgrade processes. They have also partnered with the Optimism Foundation team to ensure thorough documentation and review of their upgrade process.

Furthermore, this initiative enables other developers to contribute to the project. Open source fosters knowledge sharing, improvement of existing work, and inspiration for others. Through collaboration and transparency, Base hopes to bring more people onto the blockchain.

Base: A Safe, Low-Cost, Developer-Friendly Solution for Building on-Chain

Base is a layer-2 network designed by project incubator Coinbase. It offers a secure, cost-effective, and developer-friendly way to build on-chain. Powered by the blockchain-scaling solution Optimism (OP), Base is compatible with Ethereum, Ethereum layer-2s, and alternative layer-1 blockchains.

Hot Take: Embracing Open Source for Enhanced Transparency and Collaboration

By open-sourcing its smart contract code and GitHub repository, Base demonstrates its commitment to transparency and collaboration. This move allows developers to gain insights into Base’s contract development and contribute to the project. Enhanced transparency can also improve security by encouraging thorough review and accountability. Base’s partnership with the Optimism Foundation ensures a well-documented upgrade process. Open source not only provides builders with knowledge and inspiration but also helps bring more people onto the blockchain, ultimately advancing the vision of an inclusive on-chain ecosystem.

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Coinbase Releases Open-Source Smart Contract Code and GitHub Repository for Ethereum Layer-2 Scaling Solution