Coinbase executive Jesse Pollak highlighted the distinct approach of the Base blockchain, emphasizing its commitment to decentralization from inception. Unlike previous enterprise blockchains, Base is built as an Ethereum Layer 2 using the OP Stack and has transitioned from stage 0 to stage 1 decentralization this year. The blockchain's code is fully open-source, aiming to develop an ecosystem akin to Linux.
Pollak also revealed Coinbase's intention to launch a token on Base to align incentives with its decentralization goals. However, there is no specific timeline for the token's release, as the company plans to proceed cautiously.
Coinbase's Base Blockchain Emphasizes Decentralization, Plans Token Launch
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