Ethereum L2 Network Base

According to reports, Brian Armstrong, CEO of Coinbase, said that the company’s newly launched Ethereum L2 Network Base might take transaction monitoring and anti-money laundering measures. He said that Base will have some “centralized components”, but it will become more and more decentralized as time goes by. Now it needs to be responsible for transaction monitoring, which means that although Base will be open to all developers, it will eventually become the “headquarters of products on the Coinbase chain”. It is speculated that any existing products integrated by Coinbase and…

On February 27, Jesse Pollack, the person in charge of the Coinbase agreement, revealed that the company’s newly launched Ethereum L2 network base will integrate two products, the Coinbase self-managed wallet and the Coinbase dApp wallet. Interpretation of this information: Coinbase, one of the world’s largest cryptocurrency exchanges, has recently launched its Ethereum L2 network base, a second-layer scaling solution that aims to improve the efficiency and scalability of the Ethereum network. According to Jesse Pollack, the person in charge of the Coinbase agreement, the company’s new network base will…