Base has reached the first stage of Ethereum Rollup decentralization, launching a proof-of-failure mechanism and establishing a security board. Base developers say the network has reached the first stage of Vitalik Buterin's Rollup decentralization framework, making progress in reducing reliance on centralized participants.
The Base team said: "Base has achieved the first phase of decentralization, a key milestone in the process of building an open global on-chain economy. This has been achieved by rolling out permissionless proof-of-failure and increasing the decentralization of the contract upgrade process through the Security Council."
Launched in August 2023 and developed with Optimism's OP Stack package, Base has grown to become TVL's largest Layer2 rollup on Ethereum. Previously, Base was classified as a Stage 0 Rollup, mainly because it still relies on a centralized sorter controlled by Coinbase and its mainnet lacks a fully operational permissionless proof-of-failure.
Base reaches the first stage of decentralization of Ethereum Rollup, launches a proof-of-failure mechanism and establishes a security committee
2025-04-29 16:09:54
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