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mrcat.base.eth 🔵
@tanvirt11
Base Blockchain Update Summary Base, an Ethereum layer-2 blockchain backed by Coinbase, will launch a fault-proof system on October 30, 2024, to enhance decentralization. This upgrade allows users to verify transactions and challenge invalid withdrawals without centralized intermediaries. Base will transition from testnet to mainnet in three months, faster than Optimism’s six months. The new system streamlines withdrawals, removing the previous seven-day challenge period and enabling direct asset withdrawals to Ethereum. This update significantly boosts security and transparency, promoting a more decentralized user experience.
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