Base’s Robust Security Measures for Mainnet Launch
In a blog post published on June 29, 2023, the team behind Base, an Ethereum Layer 2 (L2) blockchain incubated by Coinbase, emphasized the importance of security in preparation for their upcoming mainnet launch. Their goal is to onboard millions of developers and users while ensuring the safety of the platform.
Key Points:
- Base is built on the OP Stack, developed in partnership with Optimism, which provides a secure foundation.
- Coinbase’s Protocol Security team conducted an internal audit to enhance the OP Stack’s security.
- A six-month collaboration between the Protocol Security team and OP Labs resulted in the identification and mitigation of vulnerabilities.
- A public smart contract audit contest through Code4rena involved over 100 security researchers and found no significant vulnerabilities.
- Base is developing an open-source monitoring tool, Pessimism, to promptly detect anomalies in the protocol and network.
- Base is also creating a smart contract security scanning tool to assist developers in writing secure contracts.
Base has taken extensive measures to ensure the security of their platform, from collaborating with Optimism and conducting internal audits to engaging the wider community for bug detection and developing monitoring and scanning tools.
Hot Take:
With an unwavering focus on security, Base is well-positioned to attract a large user base and foster the growth of Ethereum’s ecosystem. By providing tools and conducting thorough audits, Base is actively working towards creating a safe environment for developers and users to participate in the blockchain revolution.