Coinbase-backed Base network has launched permissionless fault proofs to boost security and decentralization.

Ethereum Layer 2 Base network developed by Coinbase Global Inc (NASDAQ: COIN), is set to become more decentralized. The L2 protocol plans to release its permissionless fault proof solution on October 30, 2024. This update aims to enhance security by removing central control from a single entity. This product marks a significant milestone for the platform and the broader Ethereum (ETH) ecosystem.

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