purplearc.base.eth pfp

purplearc.base.eth

@purplearc

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491 Followers
purplearc.base.eth pfp
purplearc.base.eth
@purplearc
gm
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purplearc.base.eth pfp
purplearc.base.eth
@purplearc
Bullish Farcaster !
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purplearc.base.eth pfp
purplearc.base.eth
@purplearc
👀👀
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purplearc.base.eth pfp
purplearc.base.eth
@purplearc
I didn't receive this one 🤔
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purplearc.base.eth pfp
purplearc.base.eth
@purplearc
7. Why Base matters ? It’s a scalable, user-friendly L2 bridging Ethereum’s security with mass adoption potential. DoubleZero could enhance it further with low-latency, high-bandwidth connections for faster L1-L2 sync. Base is paving the way for Web3’s future one tx at a time 💥 Stay Base 💪
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purplearc.base.eth pfp
purplearc.base.eth
@purplearc
6. Centralization concerns Base is still a work in progress. Coinbase operates the sole sequencer, controlling tx ordering (MEV risks). No native token exists revenue goes to Coinbase, not a DAO. Plans for decentralization are in motion, but it’s not fully trustless yet.
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purplearc.base.eth pfp
purplearc.base.eth
@purplearc
5. Adoption is wild Base deployed 11.4M smart contracts in a single week (March 2025), a record. It captures ~80% of L2 fee market share, driven by DeFi and social apps. 📈 Top protocols like Aerodrome Finance ($1B+ TVL) thrive here. But growth isn’t without challenges
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purplearc.base.eth pfp
purplearc.base.eth
@purplearc
4. Ecosystem strengths 🌍 Base integrates with Coinbase’s 110M+ user base, offering seamless fiat-to-crypto onramps. It’s EVM-compatible, so devs can port dApps easily, think Uniswap, Aave, or Friend. tech. Interoperability shines with 49+ chains via Chainlink CCIP and Axelar
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purplearc.base.eth pfp
purplearc.base.eth
@purplearc
3. How does it work? Base batches transactions off-chain via Optimistic Rollups, assuming they’re valid (hence "optimistic"). It submits compressed data to Ethereum L1 for final settlement. Fraud proofs ensure integrity, with a 7-day challenge period. Throughput? ~67% of all L2s (actually 30 Mgas/s) It's strong !
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purplearc.base.eth pfp
purplearc.base.eth
@purplearc
2. Base’s mission? 🎯 Democratize blockchain access. Coinbase aims to onboard 1B users to Web3, and Base is key. With fees often < 1 cent (vs. $1+ on Ethereum L1), it’s a game-changer. Current stats: ~$12B TVL, 11M+ monthly active users, and 8.8M tx/day, outpacing many L2s 👀
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purplearc.base.eth pfp
purplearc.base.eth
@purplearc
1. What is Base ? Base is a Layer 2 scaling solution on Ethereum, launched by Coinbase in August 2023. Built on Optimism’s OP Stack, it uses Optimistic Rollups to process transactions off-chain, slashing fees and boosting speed while leveraging Ethereum’s security
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purplearc.base.eth pfp
purplearc.base.eth
@purplearc
I will try to explain in this thread, in a simple way, what @base is, why this chain is already a success, and why the future is even more promising ✏️
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purplearc.base.eth pfp
purplearc.base.eth
@purplearc
gmage
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Coinbase Wallet pfp
Coinbase Wallet
@coinbasewallet
transparency, control, ownership. that’s the future of social. that’s the future of onchain.
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purplearc.base.eth pfp
purplearc.base.eth
@purplearc
Gm
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purplearc.base.eth pfp
purplearc.base.eth
@purplearc
I just completed "Superchain Enjoyeers: Derive" on Layer3 - https://app.layer3.xyz/quests/superchain-enjoyeers-derive
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purplearc.base.eth pfp
purplearc.base.eth
@purplearc
Gm gm Replyors ! What's on the agenda today with this boring market?
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purplearc.base.eth pfp
purplearc.base.eth
@purplearc
Gm Kyle
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purplearc.base.eth pfp
purplearc.base.eth
@purplearc
Doublezero is a very young project that raised $28M at the beginning of March, with DragonFly in particular. I think it's a project to keep a close eye on. They are tackling a problem that no one has addressed before, and it's the kind of progress I love to see in crypto. Definitely one to watch 👀
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purplearc.base.eth pfp
purplearc.base.eth
@purplearc
Physical infrastructure ➡️ DoubleZero relies on a global network of private fiber optic cables, often underutilized. They encourage independent contributors (telecom companies, bandwidth providers) to connect their fibers to the network. ➡️ Doublezero is also permissionless: Anyone with fiber can join (under certain conditions).
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