Simply put
- The Base network has transitioned from using the open-source Optimism technology stack to new proprietary technology.
- With these updates, the network plans to implement six hard forks annually, doubling its previous output, with each being more focused.
- Ethereum’s scaling network will require node operators to migrate in the near future.
Base, a Layer 2 scaling solution incubated by Coinbase, announced that it is overhauling its technology foundation. This new integrated tech stack aims to expedite upgrades and reduce maintenance costs.
This shift means that Base will move away from the Optimism stack—an open-source framework currently used by various layer 2 networks like Worldcoin and Uniswap.
Wilson Cusack, Base’s Product Director, expressed enthusiasm about the transition, emphasizing that the proprietary roadmap will enable them to implement improvements more efficiently and focus on achieving high performance.
The targeted goal is to reach one billion gas units per second, which was previously noted as a major milestone in their roadmap update last year. This objective represents a significant increase in the network’s capability.
As part of this transition, the frequency of network hard forks is set to increase, allowing for faster updates.
Currently, the code that manages different Base components is scattered across multiple teams and repositories. This has created some overhead in coordination and maintenance.
In a recent tweet, Cusack highlighted the advantages of the integrated stack for Base, noting that it simplifies component management and optimizes them for their specific needs.
For now, Base operators and developers don’t need to take immediate action, but they are advised to transition to the Base client within the next few months to stay compatible. This change is expected to enhance the network’s decentralization and scalability.
A roadmap update detailing these changes is expected to coincide with Coinbase’s upcoming quarterly earnings report. There’s also been talk about the possibility of Base launching its own native token, which could significantly influence its market value.
As of now, Base stands as the largest Layer 2 network in terms of total locked bridges, outpacing Layer 1 networks in that category.
On a different note, Coinbase’s stock saw a slight decline, hovering around $164 and reflecting a nearly 49% drop over the past six months.
