Base

Base is a Layer 2 solution developed by Coinbase, designed to enhance the Ethereum ecosystem. Here are some key points about Base:

Layer 2 Solution: Base operates as a Layer 2 network on Ethereum, aiming to provide faster and cheaper transactions while leveraging Ethereum's security.

Focus on Public Goods: The platform emphasizes supporting public goods and aims to foster a community-driven approach to development and governance.

Growing Ecosystem: Base has been attracting various projects and developers, contributing to its growth and increasing Total Value Locked (TVL), which has reached around $1.5 billion.

Security Challenges: Like many new platforms, Base has faced security issues, including exploits and hacks, which have raised concerns about the safety of projects built on it.