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News Explorer — Coinbase's Base Network Nears Mainnet Rollout

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Jun 29, 9:39 pm

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Coinbase's Base Network Nears Mainnet Rollout

Coinbase has announced that its Ethereum layer-2 network, Base, has undergone extensive security audits and no major flaws were found. Over 100 security researchers participated in the audit contest, examining the codebase, smart contracts, and bridges of the network. Coinbase stated that engagement with the contest was high and they are currently addressing any minor issues that were brought to light. The mainnet launch of Base, developed in collaboration with Optimism, is expected in 2023.

Coinbase has announced that its Ethereum layer-2 network, Base, has undergone extensive security audits and no major flaws were found. Over 100 security researchers participated in the audit contest, examining the codebase, smart contracts, and bridges of the network. Coinbase stated that engagement with the contest was high and they are currently addressing any minor issues that were brought to light. The mainnet launch of Base, developed in collaboration with Optimism, is expected in 2023.

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