Base, the Ethereum-based Layer-2 (L2) blockchainย tech protocol affiliated with American cryptocurrency trading platform Coinbaseย Cryptoย exchange Worldwide Inc has released some basic criteria that will guide its next mainnet launch. Reportsย by the announcement from the Base protocolโs official Twitter account, the push to launch its mainnet is hinged solely on getting the safety and security provisions right.
1/ Base is gearing up for mainnet with safety and security as top priorities. Today, weโre happyย to share our launch criteria!
Reminder: Base has no intendsย toย makeย available a network token.
โ Base ๐ก๏ธ (@BuildOnBase) May 24, 2023
Base Launch Readiness and Target Milestones
The layer-2 protocol pointedย outย that it has no intendsย toย makeย available a native cryptoย token for the Base protocol, a revelation that, though not new, is against the basic design model of most L2s. The protocol acknowledged that since it launched its testnet, it has welcomed a number of innovative projects building on its platform. Base stated it plans on increasing the number over time.
As part of the efforts it stated it has made towards the mainnet launch is the full audit of its โcodebase and infrastructure, load testing for scalability, supporting @optimismFNDโs upgrade to Bedrock, and ensuring a top-notch developer experience.โ
Since the Base testnet went live in February of inย theย year, the protocol has ticked 2 out of the 5 criteria that will inย theย end determine its mainnet launch. With the successful testnet Regolith hardfork and the completion of the infra review with OP Labs team, the upgrade of Optimism mainnet to Bedrock remains a key box to tick.
Inย addition, Base stated it will likewise work towards completing its protocol audits with no critical issues likewise as maintaining testnet stability.
Post Launch Plans
As Base highlighted, the protocol will enter the Genesis Window instantly after the mainnet launch, a period that will be characterized by the deployment of Decentralized Application (DApps). During this window, Base stated its core team will provide hands-on support to developers deploying their dapps and that it will recognize early dapps launching on Base.
Layer-2 protocols are taking the center stage in the evolution of decentralized infrastructures as the blockchainย tech ecologicalย system is evolving. In addition to Base, Shibaย Inuย (SHIB) is likewise developing its own L2 โ Shibarium โ toย participateย inย the hoard of outfits looking toย assist scale the Ethereumย (ETH) protocol.
Post launch, the Coinbase-linked protocol will likewise have Arbitrum and Polygon zkEVM to compete with.
