{"id":17058,"date":"2023-07-13T17:53:41","date_gmt":"2023-07-13T21:53:41","guid":{"rendered":"https:\/\/demo2.dedicatedhost247.com\/crypto\/coinbases-base-launches-mainnet-for-builders-will-onboard-users-in-august\/"},"modified":"2023-07-13T17:53:41","modified_gmt":"2023-07-13T21:53:41","slug":"coinbases-base-launches-mainnet-for-builders-will-onboard-users-in-august","status":"publish","type":"post","link":"https:\/\/demo2.dedicatedhost247.com\/crypto\/coinbases-base-launches-mainnet-for-builders-will-onboard-users-in-august\/","title":{"rendered":"Coinbase&#8217;s Base launches mainnet for builders, will onboard users in August"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-v-b01e4970=\"\">\n<p>Coinbase\u2019s Base mainnet is now \u201copen for builders,\u201d according to a July 13 blog post from the network\u2019s development team. The team is <a href=\"https:\/\/base.mirror.xyz\/hwNwqXHVoLlO8s4DZppog4DfGvM34tigaDjOWuEJQfY\" target=\"_blank\" rel=\"noopener nofollow noreferrer\">opening<\/a> the network to builders ahead of its public launch to allow more time\u00a0 for user onboarding. Base also announced that the public launch of the network will occur in August.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Since our testnet launch, we\u2019ve connected with incredible builders and watched their projects thrive on Base.<\/p>\n<p>Now it\u2019s time to take the next step: Base mainnet is now open for builders.<a href=\"https:\/\/t.co\/YvlQxquhvY\">https:\/\/t.co\/YvlQxquhvY<\/a><\/p>\n<p>\u2014 Base \ufe0f (@BuildOnBase) <a href=\"https:\/\/twitter.com\/BuildOnBase\/status\/1679523746963660800?ref_src=twsrc%5Etfw\">July 13, 2023<\/a><\/p><\/blockquote>\n<p>Coinbase <a href=\"https:\/\/cointelegraph.com\/news\/coinbase-launches-its-own-ethereum-layer-2-network-for-building-decentralized-apps\">announced the creation<\/a>\u00a0of the Base network on Feb 23. The team claimed that the network would be a layer-2 of Ethereum and would use the OP Stack software used by Optimism. The announcement was celebrated in the Ethereum community, as many users <a href=\"https:\/\/cointelegraph.com\/news\/coinbase-new-blockchain-seen-as-massive-confidence-vote-for-ethereum\">saw it as a \u2018massive confidence vote\u2019<\/a> for Ethereum.<\/p>\n<p>In the team\u2019s July 13 announcement, they stated that Base mainnet now has two functioning block explorers and an official RPC node that can be used to read data and transmit transactions. Data from these block explorers show the network has been running since July 2 and has processed over 1 million transactions.<\/p>\n<figure><img src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-07\/549c5739-bec0-4600-b4a7-e339855aad33.png\"\/><figcaption style=\"text-align: center;\"><em>Base transactions as of July 13. Source: BaseScan block explorer.<\/em><\/figcaption><\/figure>\n<p>An official \u201cOptimismPortal\u201d or Base bridge contract has been <a href=\"https:\/\/etherscan.io\/tx\/0x57c102f31c77771203f635fe7efc43166305877f89b6075e63a78f19b4f160a7\" target=\"_blank\" rel=\"noopener nofollow noreferrer\">deployed<\/a> to Ethereum, blockchain data shows. According to the team, this contract allows developers to transfer Ether (<a href=\"https:\/\/cointelegraph.com\/ethereum-price\">ETH<\/a>) to the new network to pay gas fees. However, the bridge does not have a web-based user interface, so its functions can only be called via a command-line interface or by running scripts.<\/p>\n<p>The team stated \u201cthere will <em>not<\/em> be a publicly available bridge UI [user interface]\u201d during the initial \u201cbuilder\u201d phase, as this feature is being saved for the upcoming public launch, and they\u2019ve asked developers to refrain from launching UIs for their own apps until then.<\/p>\n<p><em><strong>Related: <\/strong><a href=\"https:\/\/cointelegraph.com\/news\/ethereum-layer-2-optimism-transactions-surged-following-bedrock-upgrade-nansen\"><strong>Optimism network transactions surged 67% following Bedrock upgrade<\/strong><\/a><\/em><\/p>\n<p>The team is allowing builders to mint a \u201cBase is for builders\u201d commemorative nonfungible token (NFT) in honor of the event, and is also giving away a \u201cGenesis Builder NFT\u201d to any developer that deploys their contracts to the network and fills out a form on the project\u2019s website.<\/p>\n<p>Optimism Labs, creator of the OP Stack, has claimed that Base and Optimism will eventually <a href=\"https:\/\/cointelegraph.com\/news\/optimism-successfully-completes-bedrock-hard-fork-reducing-deposit-times-layer-1-fees\">form a \u201cSuperchain\u201d<\/a> of multiple networks that share the same security features. The Superchain will likely face competition from zkSync\u2019s \u201cHyperchains,\u201d which <a href=\"https:\/\/cointelegraph.com\/news\/zksync-new-hyperchains-network-testnet-by-year-end\">are being developed<\/a> to have many of the same features as the Superchain.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"\/><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/coinbase-base-launches-mainnet-for-builders-will-onboard-users-august\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase\u2019s Base mainnet is now \u201copen for builders,\u201d according to a July 13 blog post from the network\u2019s development team. The team is opening the network to builders ahead of its public launch to allow more time\u00a0 for user onboarding. Base also announced that the public launch of the network will occur in August. Since our testnet launch, we\u2019ve connected with incredible builders and watched their projects thrive on Base. Now it\u2019s time to take the next step: Base mainnet is now open for builders.https:\/\/t.co\/YvlQxquhvY \u2014 Base \ufe0f (@BuildOnBase) July&hellip;<\/p>\n","protected":false},"author":1,"featured_media":17059,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[38],"tags":[1802,6506,7061,3881,459,2428,5662,332],"_links":{"self":[{"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/posts\/17058"}],"collection":[{"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/comments?post=17058"}],"version-history":[{"count":0,"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/posts\/17058\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/media\/17059"}],"wp:attachment":[{"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/media?parent=17058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/categories?post=17058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo2.dedicatedhost247.com\/crypto\/wp-json\/wp\/v2\/tags?post=17058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}