Coinbase’s Base Layer 2 Network Prepares for Mainnet Launch
Coinbase’s Layer 2 network, Base, is getting ready for its mainnet launch. The team has focused on improving security to attract more developers and users. They have audited Optimism pre-deploys and contracts, used “fuzzing” methods for critical components, and reviewed key management setup and contracts. Over 100 external security researchers found no critical bugs during the audits. The team is currently addressing informative or minor issues that were reported.
Base Adds Open-Source Monitoring Tool
Coinbase has collaborated with Optimism to develop Base, and its mainnet launch is planned for 2023. Base has announced the introduction of an open-source monitoring tool called Pessimism. This tool will notify builders of any anomalies or discrepancies between L1 and L2 states. It will work alongside existing monitoring tools and third-party tools to detect malicious events.
Hot Take
With the upcoming mainnet launch of Coinbase’s Base Layer 2 network, the team’s emphasis on security is commendable. The thorough audits and the addition of the open-source monitoring tool demonstrate their commitment to providing a secure and reliable platform. This development is an important step towards attracting more developers and users to the network.
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