Coinbase's Base Achieves Stage 1 Rollup Status, Boosting Decentralization and Security

April 29, 2025
Coinbase's Base Achieves Stage 1 Rollup Status, Boosting Decentralization and Security
  • Base, the layer-2 network developed by Coinbase, has officially achieved 'stage 1' rollup status, marking a significant step towards decentralization.

  • This new status enhances the platform's security and governance structure, allowing for a stronger security system that reduces trust assumptions and ensures stable rules for developers.

  • The stage 1 rollup status is based on a framework proposed by Ethereum co-founder Vitalik Buterin, which emphasizes a balance between decentralization, security, and speed.

  • Base is dedicated to preventing any single entity from dominating the blockchain, reinforcing its vision of a decentralized and accessible global on-chain economy.

  • Looking to the future, Base aims to implement multiple active proof systems to further enhance decentralization and security.

  • Tom Vieira, head of product at Base, noted that council members are drawn from both the Base and the broader Ethereum ecosystems.

  • Additionally, Base's fault proofs are now permissionless, enabling anyone to verify transaction states without relying on a central authority.

  • As part of this decentralization effort, a security council has been established, consisting of ten independent entities from around the world to oversee network upgrades and promote decentralized decision-making.

  • The improved resilience of Base means there is now no single point of failure, contributing to a more robust network infrastructure.

  • The next objective for Base is to advance to Stage 2 Decentralization, aligning with Buterin's framework for achieving full decentralization in Layer 2 rollups on Ethereum.

  • This milestone follows the launch of permissionless fault proofs on the Base Mainnet in late 2024, which allows users to withdraw funds freely from Base to Ethereum without centralized control.

  • Since its launch in August 2022, Base has grown to become the largest rollup, with $11.72 billion locked in the protocol, thereby reducing its reliance on Coinbase.

Summary based on 2 sources


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