Coinbase-incubated Base is gearing up for a mainnet launch as Ethereum’s Layer 2 ecosystem heats up. Path to Base mainnet includes a certain set of objectives to be met. The official timeline for the mainnet launch has yet to be revealed, but Optimism’s upcoming Bedrock update remains a crucial factor.
The Base testnet, which is based on a stack-agnostic superchain powered by Optimism, has been running since February of this year, during which it focused on things like auditing the OP Stack and Base infrastructure to increase the security of the platform, as well as the load. Test the infrastructure to ensure it can support scale.
“We have been moving towards Mainnet Genesis, the first step in delivering a decentralized platform that scales Ethereum with fast, low-cost, and secure transactions.”
While Coinbase is currently incubating Base, the ultimate goal is to become fully decentralized. Mainnet Genesis is the first step to achieve the same, the ultimate blog post Announced. So far, Base has reported the completion of the Regolith hard fork on the testnet. An infrastructure review has also been done with the OP Labs team.
Base now anticipates a successful update to Optimism’s Bedrock in addition to the completion of hotfixes. Going forward, the Layer 2 platform said it will work to complete its protocol audits without critical issues and to maintain testnet stability.
Popular Layer 2 blockchain Optimism recently announced that the long-awaited Bedrock upgrade is scheduled for June 6 and will require 2-4 hours of downtime for OP Mainnet.
The main goal of the upgrade is to significantly reduce transaction fees, improve network security and improve compatibility with Ethereum, thus ushering in a new era of efficiency and functionality for the Optimism network as it faces stiff competition from other networks. layer 2.
It also represents the first network upgrade to receive the green light from the Token House of Optimism’s governing council.
Binance Free $100 (Exclusive) – Use this link to sign up to receive $100 free and 10% off your first month’s fees for Binance Futures (terms).
PrimeXBT Special Offer: Use this link to sign up and enter the code CRYPTOPOTATO50 to receive up to $7,000 on your deposits.