One of the world’s leading cryptocurrency exchanges, Coinbase has announced a strategy to transform the Base network into a decentralized system by making various technical improvements to ensure that no single entity has complete control over the network.
The team behind Base mentioned that they will make the network more decentralized by adding features that make it resistant to failures. They will also use different types of software from various clients to ensure that the network can’t be easily controlled or censored.
Coinbase is partnering with two groups, Optimism Collective, and OP Labs, to help make Base part of Optimism’s OP Stack more decentralized. However, they haven’t given a clear timeline for when this transition will happen.
Coinbase protocols lead Jesse Pollak, said, “We’re excited to see OP Labs and other contributors to the OP Stack making fast progress on key decentralization goals, most notably fault proofs. We’re working closely with these teams to ensure that Base adopts these improvements as soon as they are ready.”
According to a blog post by Coinbase, the principles they’re following are meant to align with Optimism’s “Law of Chains,” which is a set of rules to bring together various chains that fit the project’s idea of a “Superchain.”
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