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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
Weekly fundamentals – Rebuilding coinBASE onchain
A weekly data digest for the leading crypto investors and operators.Weekly fundamentals – From building blockchains™ to building businesses
A weekly data digest for the leading crypto investors and operators.The fundamentals of Base
In this week's research piece, we focus on the current state of Base's product, business model, financials, usage, competition, and more! Base is a L2 smart contract platform for decentralized applications on Ethereum. Base was founded by the Coinbase team and launched in 2023.The values in this graphic are examples and do not reflect actual values. Treat them as approximations.