The ever-evolving world of blockchain technology continues to be a hotbed of innovation, and one of the latest trends in this space is the implementation of Layer-2s, and Coinbase’s latest, Base. Promising improved transaction speeds, scalability, and security, Layer-2s are shifting the paradigm of how blockchain networks operate. Coinbase, North America’s largest centralized crypto exchange (CEX), has announced the launch of “Base,” a new layer-two (L2) Ethereum chain utilizing Optimism. Let’s dive in. Understanding Layer 2s At its core, Layer-2s are a type of blockchain architecture. They build upon the foundational base layer (or Layer 1), which typically houses the […]