{"id":55830,"date":"2023-07-15T11:38:02","date_gmt":"2023-07-15T11:38:02","guid":{"rendered":"http:\/\/egrowonline.com\/?p=55830"},"modified":"2023-07-15T11:38:02","modified_gmt":"2023-07-15T11:38:02","slug":"coinbases-base-launches-mainnet-for-builders-will-onboard-users-in-august","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=55830","title":{"rendered":"Coinbase\u2019s 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 target=\"_blank\" href=\"https:\/\/base.mirror.xyz\/hwNwqXHVoLlO8s4DZppog4DfGvM34tigaDjOWuEJQfY\" rel=\"noopener nofollow\">opening<\/a> the network to builders ahead of its public launch to allow more time 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 target=\"_blank\" href=\"https:\/\/t.co\/YvlQxquhvY\" rel=\"noopener\">https:\/\/t.co\/YvlQxquhvY<\/a><\/p>\n<p>\u2014 Base &#xfe0f; (@BuildOnBase) <a target=\"_blank\" href=\"https:\/\/twitter.com\/BuildOnBase\/status\/1679523746963660800?ref_src=twsrc%5Etfw\" rel=\"noopener\">July 13, 2023<\/a><\/p><\/blockquote>\n<p>Coinbase <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/coinbase-launches-its-own-ethereum-layer-2-network-for-building-decentralized-apps\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/coinbase-launches-its-own-ethereum-layer-2-network-for-building-decentralized-apps\/amp\" rel=\"noopener\">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 target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/coinbase-new-blockchain-seen-as-massive-confidence-vote-for-ethereum\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/coinbase-new-blockchain-seen-as-massive-confidence-vote-for-ethereum\/amp\" rel=\"noopener\">saw it as a &#8220;massive confidence vote&#8221;<\/a>\u00a0for Ethereum.<\/p>\n<p>In the team\u2019s July 13 announcement, it stated that the 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 shows the network has been running since July 2 and has processed over 1 million transactions.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-07\/549c5739-bec0-4600-b4a7-e339855aad33.png\" alt=\"\" title=\"\" \/><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 target=\"_blank\" href=\"https:\/\/etherscan.io\/tx\/0x57c102f31c77771203f635fe7efc43166305877f89b6075e63a78f19b4f160a7\" rel=\"noopener nofollow\">deployed<\/a> to Ethereum, blockchain data shows. According to the team, this contract allows developers to transfer Ether (<a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/ethereum-price\" rel=\"noopener\">ETH<\/a>) to the new network to pay gas fees. However, the bridge does not have a web-based user interface (UI), so its functions can only be called via a command-line interface or by running scripts.<\/p>\n<p>The team stated there will not\u00a0be a publicly available bridge with a UI during the initial \u201cbuilder\u201d phase, as this feature is being saved for the upcoming public launch, and the team has asked developers to refrain from launching UIs for their own apps until then.<\/p>\n<p><em><strong>Related: <\/strong><a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/ethereum-layer-2-optimism-transactions-surged-following-bedrock-upgrade-nansen\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/ethereum-layer-2-optimism-transactions-surged-following-bedrock-upgrade-nansen\/amp\" rel=\"noopener\"><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 a contract 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 target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/optimism-successfully-completes-bedrock-hard-fork-reducing-deposit-times-layer-1-fees\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/optimism-successfully-completes-bedrock-hard-fork-reducing-deposit-times-layer-1-fees\/amp\" rel=\"noopener\">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 target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/zksync-new-hyperchains-network-testnet-by-year-end\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/zksync-new-hyperchains-network-testnet-by-year-end\/amp\" rel=\"noopener\">are being developed<\/a> to have many of the same features as the Superchain.<\/p>\n<\/div>\n<p><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 for user onboarding. Base also announced that the public launch of the network will occur in August. Since [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":55831,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[41],"tags":[785,11718,4735,5583,288,1106,4664,399],"class_list":["post-55830","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-august","tag-base","tag-builders","tag-coinbases","tag-launches","tag-mainnet","tag-onboard","tag-users"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2023\/07\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDcvMmUyZDRlYWEtYzljYS00NWI4LThkZTYtNTZjYzk3YmYyZjVlLmpwZw.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/55830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55830"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/55830\/revisions"}],"predecessor-version":[{"id":55832,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/55830\/revisions\/55832"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/55831"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55830"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}