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Podcast

Coinbase Announces BasešŸ”µ, an Ethereum L2 Powered by Optimism

Jesse Pollak, Senior Director of Engineering at Coinbase, joins us to unpack some of the hottest news in crypto since The Merge!
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Feb 23, 2023 ā€¢ 1 min read

Coinbase announces the launch of ā€œBase,ā€ their own L2 built on the OP Stack. Tune in to hear everything you need to know about Base!

TIMESTAMPS

0:00 Intro

7:53 Coinbaseā€™s New Chain?

8:45 What is Base?

9:36 How is Base Different?

11:16 How Open is Base?

13:05 Why Now?

17:00 ETH L2 Philosophy

20:00 2nd Mover Advantage & Success Metric

22:26 Total Coinbase Users

25:15 How Base Will be Used By Coinbase Users

29:35 $COIN

31:13 Could Base Canoblize Coinbase?

32:35 Regulation

35:30 Base Token?!

40:26 Validator Set

39:10 Sequencer Power

40:53 Timeline

42:55 Basechain Vision

48:55 Why OP Stack?

52:57 Jesse as a Badge Member Ā 

54:47 Gas-Free Percentage

56:22 Superchain Vision

58:46 KGZ Ceremony

1:00:41 What Does Successful Base Look Like?

1:06:13 Closing & Disclaimers

RESOURCES

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

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