Base, Coinbase's Ethereum L2, Preps for Launch

Cryptoglobe
Cryptoglobe

30 Jun 2023 2:24 AM

Base, an Ethereum L2 blockchain incubated by Coinbase, is preparing for its mainnet launch with a robust security-first approach. Learn more here....

  • Base, an Ethereum Layer 2 (L2) blockchain incubated by Coinbase, is preparing for its mainnet launch and emphasizes the importance of security.
  • Base is built on the OP Stack in collaboration with Optimism, benefiting from the security work done by the OP Labs team and the broader Optimism community.
  • Coinbase's Protocol Security team conducted an internal audit to enhance the OP Stack's security.
  • The Protocol Security team worked closely with OP Labs to improve the security of Base and Optimism by auditing pre-deploys and contracts on both L1 and L2.
  • Base engaged the wider community through a public smart contract audit contest, with over 100 security researchers participating and no significant vulnerabilities found.
  • Base is developing an open-source monitoring tool called Pessimism to provide prompt notification of anomalies in the protocol and network.
  • Base is also building a smart contract security scanning tool to help developers reduce the chances of writing security vulnerabilities in their contracts.

The article highlights the robust security measures taken by Base in preparation for its mainnet launch, demonstrating a proactive approach to ensuring the safety of the platform and its users.

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You May Ask

What is Base and what is its main goal?How is Base's security enhanced through collaboration with Optimism and OP Labs?What steps were taken by Coinbase's Protocol Security team to improve the security of Base and Optimism?How did Base engage the wider community in ensuring the security of its platform?What additional tools is Base developing to enhance security for developers and the network?

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