Base

Base, an Ethereum-based blockchain developed by Coinbase, operates as a Layer 2 (L2) network, leveraging Optimism to provide a secure, cost-effective, and user-friendly environment for decentralized application (dApp) development. With a mission to onboard the next billion users to web3, Base ensures near-zero fees, quick transactions, and robust security supported by Ethereum's infrastructure. At its launch, Base had over 100 dApps and service providers, aiming to solve the blockchain trilemma by prioritizing interoperability and composability among participating rollups. This approach enhances scalability while preserving security and decentralization.

Token symbol:
ETH

Scalability Metrics:
Base TPS is 99.05 transactions per second
Base Max TPS is 1,267 transactions per second
Base Max Theoretical TPS is 3,571 transactions per second
Base transaction volume is 356,564 transactions
Base block time is 2s
Base finality is 13m 13s
Base is a layer 2 blockchain
Base was launched on Aug 9, 2023 (2 years ago)

Decentralization Metrics:
Base nakamoto coefficient is 1
Base has 1 validators
Base has no data for stake
Base consensus mechanism is Rollup (Optimistic)
Base governance is off-chain