The team behind Base, an Ethereum Layer 2 chain developed in collaboration with Optimism, has announced that its mainnet is now available for builders to deploy their products. To commemorate the early adopters of the ecosystem, Base will release a special NFT called the “Genesis Builder”. However, the team has clarified that it has no plans to issue a network token.

Support for Builders

In February, Base launched its testnet, which allowed the team to connect with talented builders and witness the success of their projects on the network. This led to the development of on-chain games, restaurants, communities, and advocacy initiatives. With the launch of the Base mainnet, the team aims to further support developers by providing hands-on assistance in deploying their products within the ecosystem.

To facilitate this phase, builders can bridge ether (ETH) to Base for gas by utilizing the portal proxy contract. However, the team has cautioned against sending any assets other than ETH to the portal proxy contract. Additionally, various tools such as smart wallet infrastructure, node providers, and data indexers are already live on the mainnet to assist builders in their endeavors.

Key Milestones and Future Plans

Base proudly announced that it has successfully met all the necessary criteria for its mainnet launch. These include demonstrating the stability of the testnet, Optimism’s successful upgrade of Bedrock, and completion of both internal and external audits. The team expressed gratitude to the community for their patience during this process and expressed excitement for welcoming more users onto a secure, scalable, and builder-friendly Base.

Looking ahead, Base is preparing for a public launch in early August, enabling more users to join the network. The team aims to showcase the seamless and secure experience of on-chain interactions across hundreds of products on Base. By leveraging the expertise of the cryptocurrency exchange Coinbase, Base empowers users to build decentralized apps with access to a wide range of products, clients, and tools provided by the platform.

Base combines the underlying security of Ethereum with Coinbase’s industry experience to facilitate the onboarding of layer 1 and layer 2 blockchain protocols for consumers. As the ecosystem continues to grow, Base is committed to supporting builders and providing them with a robust infrastructure to develop innovative and decentralized applications.

The Base mainnet launch marks a significant milestone for the project and its community. With the availability of various tools and the upcoming public launch, Base is set to empower builders and offer a seamless on-chain experience to users across a multitude of products. The release of the Genesis Builder NFT further celebrates the early adopters who have contributed to the growth and success of the Base ecosystem.

Crypto

Articles You May Like

The Road Ahead for Bitcoin: Analyzing Current Trends and Future Projections
Analyzing the Landscape of Institutional Crypto Adoption: Challenges and Opportunities
Unlocking the Charm of Farm Frens: The Future of Farming Games in the Crypto Universe
The Resilient Rise of Ripple: Analyzing Market Movements for XRP

Leave a Reply

Your email address will not be published. Required fields are marked *