Base
Coinbase's Base Bootcamp Launches to Address Onchain Developer Shortage
Base, an Ethereum layer-2 network, has announced the launch of Base Bootcamp, an eight-week, cohort-based program aimed at transforming experienced software developers into smart contract developers. The initiative comes as the blockchain industry faces a significant talent gap, with fewer than 30,000 onchain developers compared to nearly 30 million traditional software developers.
Ethereum's Layer 2s Break New Ground in Scalability
Ethereum has seen a 22% rise in value as of September 2023, largely attributed to the emergence of Layer 2 solutions like BASE by Coinbase, which enhance scalability and user affordability on the network. Leading Layer 2 blockchains, Optimism and Arbitrum, have surpassed major Layer 1 blockchains in Total Value Locked, indicating a growing trust and utilization in the Ethereum ecosystem. Despite centralization concerns, the progressive strides in Layer 2 solutions are poised to bolster Ethereum's standing as a dominant smart contract blockchain.
Friend.Tech Boosts Security with CoolWallet on Base Chain
Friend.tech, a decentralized social network on Base's Ethereum layer-2 chain, has seen rapid growth but also faces security risks from phishing attacks. To address this, CoolWallet has launched a Web3 Guardian competition to promote its Web3 SmartScan feature, which screens transactions for malicious behavior.
Ethereum Layer 2s Surpass Prominent Layer 1s in Total Value Locked
The surge of Layer 2 solutions like Arbitrum, Optimism, and BASE, overtaking Layer 1 blockchains Solana and Avalanche in terms of Total Value Locked (TVL) as of September 25, 2023, highlights the pivotal role of Layer 2s in augmenting the scalability and transactional efficiency of the Ethereum network. The data underscores a growing preference for Layer 2 solutions, demonstrating their potential in enhancing the blockchain technology landscape.
Ethereum ERC-4337 Account Abstraction Grant Round Recipients Announced
The Ethereum Foundation has awarded grants to 18 teams in its ERC-4337 Account Abstraction grant round, supporting projects focused on ERC-4337. Notable recipients include ZeroDev Kernel, Skandha Bundler, and MynaWallet, which integrates with the Japanese Government-Issued ID Card. These grants promote modularization, diverse blockchain applications, and enhance the Ethereum network's capabilities.
OKX NFT Adds Base, Linea Support, Beyond Ethereum, Optimism, Polygon
OKX expands NFT Marketplace compatibility to 17 blockchains, including Base and Linea, enhancing interoperability and composability, and utilizing over 11 blockchain networks as a centralized hub for NFT transactions.
USDC will integrate into Polkadot, NEAR, Base, Cosmos' Noble, and Optimism this September
Circle, the creator of USDC stablecoin, is expanding its reach to six new blockchain ecosystems, including Base, Cosmos via Noble, NEAR, Optimism, and Polkadot, solidifying its market leadership.
Native USDC Integration on Base Blockchain
Circle plans to launch native USDC on Base blockchain, replacing bridged USDbC liquidity. The token will be fully reserved and redeemable for US dollars, enhancing scalability, transaction speeds, and reduced gas fees.
Base Unveils Its Decentralized Superchain Vision Powered by OP Stack
Base, an Ethereum Layer 2 solution, aims to decentralize and align with the Superchain vision by transitioning from Stage 0 to Stage 2 L2, bolstering OP Stack's scalability, reliability, and decentralization. It plans to allocate sequencing revenue to the Optimism Collective.
Coinbase Identifies Four Key Innovations for its Layer-2 Network
Coinbase has identified four crucial innovations, including inflation-pegged "flatcoins," to be built on its recently launched layer-2 network Base. The other three areas are an on-chain reputation system, an on-chain limit order book exchange, and safer tools for DeFi.