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@rubzcomms

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BASED ๐Ÿ”ต https://www.theblockandbeyond.com/ethereum-and-beyond-rubz-comms-on-the-blockchains-journey-to-base/
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DmDm guys!
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LFG - Bm
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๐Ÿ”น๐“๐ก๐ž ๐‘๐จ๐š๐ ๐š๐ก๐ž๐š๐ ๐ข๐ฌ ๐ฉ๐š๐ข๐ง๐ญ๐ž๐ ๐ข๐ง ๐๐‹๐”๐„... Base is more than just another Layer 2 networkโ€”it is a fundamental bridge designed to onboard millions of users onto Web3. As an integral part of the Optimism Superchain, Base enhances Ethereumโ€™s scalability while maintaining security. Coinbaseโ€™s commitment to Base suggests a future where its entire suite of products and liquidity operations migrate on-chain. This shift could position Base as the backbone of Coinbaseโ€™s decentralized operations, enabling a fully on-chain financial ecosystem. By supporting developers, driving innovation, and leveraging Ethereumโ€™s security, Base has the potential to bring billions of users into Web3, reshaping the blockchain landscape and accelerating mainstream adoption. Now, with that, we have a local BASE Community Meetup in Davao Philippines ๐Ÿ‡ต๐Ÿ‡ญ on March 1, 2025. Join us and learn more!: Register: https://lu.ma/n6c7tec4
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๐Ÿ”น ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’: ๐๐š๐ฌ๐ž ๐„๐ฑ๐ฉ๐š๐ง๐๐ฌ & ๐„๐ญ๐ก๐ž๐ซ๐ž๐ฎ๐ฆโ€™๐ฌ ๐‹๐Ÿ ๐„๐œ๐จ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐…๐ฅ๐จ๐ฎ๐ซ๐ข๐ฌ๐ก๐ž๐ฌ โ€ข Base competes with Arbitrum and Optimism, establishing itself as a major player in Ethereumโ€™s rollup landscape. โ€ข Ethereum developers continue improving scalability through EIP-4844 (Proto-Danksharding), reducing costs for rollups. โ€ข More dApps, DeFi protocols, and NFT marketplaces migrate to Base and other L2 solutions, reducing congestion on Ethereum Mainnet. The Superchain vision continues to evolve, with Base playing a key role in bridging Web2 users to Web3.
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Rather than launching its own Layer 1 blockchain, Coinbase opted for a Layer 2 approach, recognizing that Ethereum already provides the most secure and decentralized L1, albeit with high fees. Base was built to leverage Ethereumโ€™s security while reducing costs for large-scale applications. ๐Ÿ”น๐‡๐ข๐ ๐ก ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐š๐ง๐ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ž๐ซ ๐‚๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐ญ๐ฒ ๐’๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ โ€ข Coinbase has launched global initiatives to encourage developers to build on Base, offering grants, hackathons, and educational programs. โ€ข Developer communities worldwide are being actively supported through Baseโ€™s funding campaigns and partnerships, creating opportunities for builders to learn and innovate. By simplifying onboarding and providing extensive resources, Base aims to attract both Web2 and Web3 developers to its ecosystem, accelerating mainstream blockchain adoption.
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๐Ÿ”น๐Ž๐ซ๐ข๐ ๐ข๐ง ๐จ๐Ÿ ๐๐š๐ฌ๐ž: ๐‚๐จ๐ข๐ง๐›๐š๐ฌ๐žโ€™๐ฌ ๐‹๐š๐ฒ๐ž๐ซ ๐Ÿ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ฒ Base was incubated by Coinbase, one of the worldโ€™s largest crypto exchanges, as part of its vision to onboard billions of users onto Web3. Coinbase outlined a four-stage development roadmap: โ€ข A protocol reaching millions of users (Bitcoin, Ethereum, etc.). โ€ข An infrastructure serving tens of millions of users (exchange & secure storage). โ€ข An interface for hundreds of millions of consumers (user-controlled wallet). โ€ข Decentralized applications (DApps) for billions of users (Financial 2.0). While Coinbase successfully progressed through the first three stages with its Web2 products, the fourth goalโ€”DAppsโ€”required an on-chain solution, leading to the creation of Base.
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๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘-๐๐ซ๐ž๐ฌ๐ž๐ง๐ญ: ๐“๐ก๐ž ๐‘๐ข๐ฌ๐ž ๐จ๐Ÿ ๐๐š๐ฌ๐ž & ๐„๐ญ๐ก๐ž๐ซ๐ž๐ฎ๐ฆโ€™๐ฌ ๐‹๐š๐ฒ๐ž๐ซ ๐Ÿ ๐„๐œ๐จ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐Ÿ”น๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘: ๐‚๐จ๐ข๐ง๐›๐š๐ฌ๐ž ๐‹๐š๐ฎ๐ง๐œ๐ก๐ž๐ฌ ๐๐š๐ฌ๐ž โ€“ ๐€ ๐Š๐ž๐ฒ ๐‹๐š๐ฒ๐ž๐ซ ๐Ÿ ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง โ€ข Coinbase introduces Base, an L2 network built on the Optimism OP Stack, offering users a seamless and cost-effective experience. โ€ข Base rapidly gains adoption, providing an easy entry point for users and developers, leveraging Coinbaseโ€™s massive user base. โ€ข Ethereumโ€™s dominance as a security and settlement layer is solidified as more transactions shift to L2 networks like Base.
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๐Ÿ”น ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ: ๐“๐ก๐ž ๐„๐ญ๐ก๐ž๐ซ๐ž๐ฎ๐ฆ ๐Œ๐ž๐ซ๐ ๐ž โ€“ ๐๐จ๐– ๐ญ๐จ ๐๐จ๐’ ๐“๐ซ๐š๐ง๐ฌ๐ข๐ญ๐ข๐จ๐ง โ€ข Ethereum undergoes The Merge, transitioning from PoW to PoS, eliminating mining and reducing energy consumption by 99%. โ€ข With PoS in place, Ethereum strengthens its role as a secure settlement layer for Layer 2 solutions. โ€ข Rollups continue to expand, with growing DeFi and NFT activity shifting to L2s.
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๐Ÿ๐ŸŽ๐Ÿ๐Ÿ-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ: ๐“๐ซ๐š๐ง๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ข๐ง๐  ๐ญ๐จ ๐๐จ๐’ & ๐“๐ก๐ž ๐‘๐ข๐ฌ๐ž ๐จ๐Ÿ ๐‹๐š๐ฒ๐ž๐ซ ๐Ÿ ๐‘๐จ๐ฅ๐ฅ๐ฎ๐ฉ๐ฌ ๐Ÿ”น๐Ÿ๐ŸŽ๐Ÿ๐Ÿ: ๐“๐ก๐ž ๐‘๐จ๐ฅ๐ฅ๐ฎ๐ฉ ๐‘๐ž๐ฏ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐๐ž๐ ๐ข๐ง๐ฌ โ€ข Optimistic Rollups and zk-Rollups gain adoption, providing cheaper and faster transactions while leveraging Ethereumโ€™s security. โ€ข Ethereum developers shift focus to Rollup-Centric Roadmap, recognizing Layer 2 as the future of scaling.
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๐Ÿ”น๐Ÿ๐ŸŽ๐Ÿ๐Ÿ: ๐๐…๐“ ๐๐จ๐จ๐ฆ & ๐“๐ก๐ž ๐‹๐ข๐ฆ๐ข๐ญ๐ฌ ๐จ๐Ÿ ๐„๐ญ๐ก๐ž๐ซ๐ž๐ฎ๐ฆโ€™๐ฌ ๐’๐œ๐š๐ฅ๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ โ€ข NFTs gain mainstream attention, with platforms like OpenSea, CryptoPunks, and Bored Ape Yacht Club (BAYC) dominating the market. โ€ข Congestion worsens as both DeFi and NFT trading compete for block space, driving transaction fees to record highs. โ€ข Layer 2 solutions such as Optimistic Rollups (Optimism, Arbitrum) and zk-Rollups (ZKSync, StarkNet) begin to roll out, offering much-needed relief.
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๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ: ๐ƒ๐ž๐…๐ข ๐’๐ฎ๐ฆ๐ฆ๐ž๐ซ & ๐„๐ญ๐ก๐ž๐ซ๐ž๐ฎ๐ฆโ€™๐ฌ ๐‚๐จ๐ง๐ ๐ž๐ฌ๐ญ๐ข๐จ๐ง ๐‚๐ซ๐ข๐ฌ๐ข๐ฌ ๐Ÿ”น๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ: ๐ƒ๐ž๐…๐ข ๐’๐ฎ๐ฆ๐ฆ๐ž๐ซ ๐ˆ๐ ๐ง๐ข๐ญ๐ž๐ฌ ๐„๐ฑ๐ฉ๐ฅ๐จ๐ฌ๐ข๐ฏ๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก โ€ข Yield farming and liquidity mining drive mass adoption of DeFi, with platforms like Compound, Aave, and Yearn Finance offering lucrative incentives. โ€ข Gas fees skyrocket as DeFi transactions flood the network, making Ethereum nearly unusable for retail users due to high costs. โ€ข Developers push for rollup solutions and Ethereum 2.0 as long-term scaling strategies.
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๐Ÿ”น๐Ÿ๐ŸŽ๐Ÿ๐Ÿ—: ๐“๐ก๐ž ๐‘๐ข๐ฌ๐ž ๐จ๐Ÿ ๐ƒ๐ž๐…๐ข & ๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐๐ž๐ญ๐ฐ๐จ๐ซ๐ค ๐”๐ญ๐ข๐ฅ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง โ€ข MakerDAO pioneers decentralized lending, introducing the DAI stablecoin and marking the beginning of DeFi. โ€ข Uniswap launches, introducing the concept of Automated Market Makers (AMMs), further driving on-chain activity. โ€ข Ethereum developers explore Layer 2 solutions and sharding to address congestion issues.
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๐Ÿ”น๐Ÿ๐ŸŽ๐Ÿ๐Ÿ•: ๐“๐ก๐ž ๐ˆ๐‚๐Ž ๐๐จ๐จ๐ฆ & ๐’๐œ๐š๐ฅ๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ ๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ ๐„๐ฆ๐ž๐ซ๐ ๐ž โ€ข Ethereum becomes the preferred platform for Initial Coin Offerings (ICOs), raising billions of dollars for blockchain projects. โ€ข The surge in transactions exposes Ethereumโ€™s limitations, as gas fees increase significantly due to network congestion. โ€ข Ethereumโ€™s block size and processing capabilities prove insufficient to handle the growing demand, sparking early discussions on scalability solutions.
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๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ—: ๐“๐ก๐ž ๐…๐จ๐ฎ๐ง๐๐š๐ญ๐ข๐จ๐ง & ๐„๐š๐ซ๐ฅ๐ฒ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐„๐ญ๐ก๐ž๐ซ๐ž๐ฎ๐ฆ ๐Ÿ”น๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“: ๐„๐ญ๐ก๐ž๐ซ๐ž๐ฎ๐ฆ ๐Œ๐š๐ข๐ง๐ง๐ž๐ญ ๐‹๐š๐ฎ๐ง๐œ๐ก๐ž๐ฌ Ethereum is officially launched with a PoW consensus mechanism, inspired by Bitcoin but designed to support smart contracts and decentralized applications (DApps). Developers and early adopters begin experimenting with decentralized protocols, laying the groundwork for what will later become DeFi and NFTs.
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๐“๐ก๐ž ๐๐ฅ๐ฎ๐ž ๐๐ข๐ฅ๐ฅ ๐๐ฅ๐จ๐œ๐ค๐œ๐ก๐š๐ข๐ง: ๐๐€๐’๐„ ๐‹๐Ÿ โ€“ ๐€ ๐“๐ข๐ฆ๐ž๐ฅ๐ข๐ง๐ž ๐จ๐Ÿ ๐’๐œ๐š๐ฅ๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ ๐š๐ง๐ ๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง ๐Ÿ”ต "๐‘‡โ„Ž๐‘œ๐‘ ๐‘’ ๐‘คโ„Ž๐‘œ ๐‘‘๐‘œ ๐‘›๐‘œ๐‘ก ๐‘™๐‘’๐‘Ž๐‘Ÿ๐‘› ๐‘กโ„Ž๐‘’ ๐‘๐‘Ž๐‘ ๐‘ก ๐‘Ž๐‘Ÿ๐‘’ ๐‘‘๐‘œ๐‘œ๐‘š๐‘’๐‘‘ ๐‘ก๐‘œ ๐‘Ÿ๐‘’๐‘๐‘’๐‘Ž๐‘ก ๐‘–๐‘ก" Ethereum has undergone a remarkable transformation since its inception, evolving from a Proof-of-Work (PoW) blockchain to a Proof-of-Stake (PoS) network while addressing critical scalability challenges. Throughout its history, Ethereum has served as the foundation for decentralized finance (DeFi), NFTs, and Layer 2 (L2) rollups. This article provides an in-depth timeline that connects Ethereum's major milestones, from its early days to the rise of Base L2, emphasizing how Ethereum's role as a security and settlement layer has strengthened over time.
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๐Ÿ‘†
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@rampz on warpcast now! lets onboard our P2P Community ๐Ÿช™
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let go @rampz on BASED ๐Ÿ”ต
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where are you mam @dianacutie.eth ?
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