Projects

Base - Logo

Base

Blockchains (L2)

Price

N/A

Chains

Base - Logo
Ethereum - Logo

2 chains

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What is Base?

Base is an L2 smart contract platform for decentralized applications on Ethereum. Base was founded by the Coinbase team and launched in 2023.

How does Base work?

Base batches users' transactions and submits them to Ethereum, paying a share of the transaction fees to Ethereum validators (expense).

Who governs Base?

Coinbase team owns and governs the protocol. Coinbase is a public company and its investors include Andreessen Horowitz, Vanguard Group, ARK Investment Management, etc.

Related posts

ExpenseL1 validators' & OP Mainnet's share of fees$80L1 validators & OP MainnetRevenueBase's share of fees$100Connects L1 validators and usersFeesTransaction fees$100Users
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.