Tag: Base
Coinbase Layer 2 Optimism rollup.
ByJUAN MENDE
For those of us who aren’t the most degens, DeFi ninjas, or gurus, here’s a simple and basic play to take advantage of meme currency in Base.
A Beginner’s Guide to Base and Meme Coins
1. Downloading the Coinbase Wallet:
First things first, you’ll need a decentralized wallet to store your crypto. Coinbase Wallet is a great option, especially if you’re new to the game.
2. Sending Ethereum to...
What is Friend.tech?
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Friend.tech is a new Web3 social app that has become the talk of the town in the crypto community.
It allows users to tokenize their social network. In essence, people can sell “shares” of themselves.
These share owners can privately chat with the person they own shares in.
Friend.tech’s genesis, mission, and lack of roadmap all raise red flags and must be critically surveyed as it continues to scale.
Friend.tech is a decentralized...
Base, Coinbase, dApps, Ethereum, Featured, Front page, Main, Web3
Understanding Coinbase’s Layer 2 Solution: Base
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In Brief:
Coinbase’s Layer 2 solution, Base, is a platform that allows for faster, cheaper, and more scalable transactions on the Ethereum network.
Base is built on Optimism’s OP Stack framework, which uses optimistic rollups to scale Ethereum transactions off-chain while preserving its security and decentralization.
Base uses commit chains to enable off-chain transactions that settle on-chain, reducing transaction fees...
Coinbase’ new Layer 2 ‘BASE’ and Optimism coins: A bright future
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Coinbase, the leading US cryptocurrency exchange, has launched a new layer 2 Optimism rollup for Ethereum, aimed at making transactions faster and cheaper. However, the launch has been met with some challenges, with users reporting slow transaction times and high fees. Even with these problems at first, the new network shows promise for a more efficient Ethereum ecosystem. In fact, the value of several coins in the OP ecosystem has gone up because...