Introducing Coinbase's Layer-2 Build on Base, Explained
Coinbase, in collaboration with Optimism, created Base, an Ethereum Layer 2 solution for developers which offers improved scalability, efficiency, and transaction speeds at a low cost while still maintaining the security of the Ethereum mainnet. Base is compatible with Coinbase wallet and EVM wallets, and has over $200m Total Value Locked. Coinbase has partnered with major brands and platforms to promote it, and Friend Tech is one of the applications on Base.
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