The Coinbase Layer-2 network base can soon start a native token, said the creator of Jesse Pollak at Basecamp.
According to Base, a up-to-date token can support decentralization and extend the possibilities for builders and creators. “We are at the early stages of our exploration and we have no details to share about time, design or management”, network he said Monday.
The basis is blockchain layer 2 built on Ethereum and incubated by Coinbase. Provides transactions in offchain before settling on Ethereum.
Launched in 2023, the network became the most-used blockchain Ethereum Layer-2, with data from the token terminals 20.8 Million of busy addresses in the last 12 months.
Speaking at the Basecamp party, Pollak also announced beginning Open Source for Solana bridge, enabling users to move assets between two chains and enabling programmers to employ a wider liquidity pool.
Pollak said that the base was designed as “a bridge, not an island”, adding that the goal is to strengthen the entire ecosystem by making it open and interoperable. “To act a better global economy, we must interoperarative and related.”
The base outlines why the token is now considering
Making the base to examine the native token means passing from previous statements. In November 2024, Pollak said in thread X, in which he praised the hyperlik for establishing the priorities of product development against the token that there was no plans based on a network token.
“We focus on building. We want to solve real problems that allow you to build better” – wrote Pollak.
However, the potential basic token seems to be the evolution of the network, not flip-flop.
“Initially, considering launching a token was not a priority for us, because we thought that we had to focus on the basic product first,” said the spokesman of the Cointelegraph base.
“Now, when we have achieved sub-transactions, sub-centers and expanded to an open pile, we are investigating a network token for further decentralization and making an ecosystem more open, available and directed by the community,” said Base.
The spokesman also linked the emission of token with decentralization goals. “The base is for everyone, and a network token can help more people take part in the base of the base.”
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