🚀 Coinbase’s Base Network: The Underdog Ready to Throw Down! 💥
So, guess what? Coinbase’s little pet project, Base, is about to get a glow-up! 💅
Jesse Pollak, the head honcho of Base, decided to spill the tea on X (formerly Twitter, because, you know, branding) on May 24. Spoiler alert: it’s all about speed, savings, and decentralization. Who doesn’t love a good makeover story? 🎉
Base’s Makeover: Can It Outshine Solana and Sui? 🤔
Our dear Coinbase exec is on a mission to make Base the belle of the blockchain ball. They’re aiming to cut transaction times down to a lightning-fast 200 milliseconds and keep those pesky fees under a dime. Because who wants to pay more than that for a digital transaction? Not me! 💸
And wait for it… they’re dreaming big! The goal is to process over 200 transactions per second (TPS) in the short term, with a wild ambition to hit 1 million TPS. Yes, you heard that right. One million! Talk about a lofty goal! 🌈
But that’s not all, folks! Pollak is also on a quest for decentralization. They’re planning to move key parts of the protocol onto Ethereum’s Layer 1 using smart contracts. Because why not make things a bit more complicated? 🤷♀️
we will make @base:
fastest – 200ms, lower
cheapest – <$0.01, lower
highest throughout – 200 TPS, higher
neutral – L1 CR, no sandwich, +builders
decentralized – stage 1 and 2people will make noise and we will keep delivering for users and builders.
— jesse.base.eth (@jessepollak) May 24, 2025
With these changes, it’s like giving a megaphone to independent developers and validators. Let’s see how they shape this wild ride! 🎢
Base is also getting a facelift with some serious infrastructure upgrades. The goal? To be the most user-friendly Ethereum Layer 2 network out there. Because who doesn’t want a smooth ride? 🚗💨
And here’s the cherry on top: Flashblocks! This snazzy system will allow for near-instant “preconfirmation blocks.” So, users can enjoy a faster and smoother experience. The team is already testing it out and plans to roll it out on the mainnet by summer 2025. Fingers crossed! 🤞
Oh, and let’s not forget about gas! Base is looking to double its gas throughput from 25 million gas per second (Mgas/s) to 50 Mgas/s in Q2, eventually aiming for a whopping 250 Mgas/s by year-end. That’s a 100-fold improvement! Talk about a gas guzzler! ⛽️
Pollak is convinced these upgrades will turbocharge Base’s speed and efficiency. If all goes according to plan, we might just see Base strutting its stuff alongside Solana and Sui. Watch out, world! 🌍
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2025-05-25 13:09