Coinbase has set particular aims that have to be met earlier than the corporate considers launching its Layer 2 answer, Base. One essential requirement is the institution of a confirmed monitor file of stability on its testnet.
For now, the corporate is incubating Base internally, however the plan is for the platform to finally change into absolutely decentralized. It’s constructed on Optimism’s OP improvement stack, that means that attaining the mainnet stage is extremely reliant on the efforts and contributions of OP Labs; a contributor to the Optimism protocol.
Proper now, Base is ready on Optimism’s improve of Bedrock, which it says will considerably cut back the complexity and size of its codebase. The workforce behind Base can also be planning to finish an infrastructure evaluate with the OP Labs workforce, in addition to get previous inner and exterior audits with “no crucial severity points,” in response to a consultant for Coinbase.
One purpose that Base has already met is instituting the Regolith hardfork, which occurred on April 27, 2023. The deliberate improve was meant to “improve the community’s safety and reliability,” in response to an April 26 publication from Base.
Coinbase said that it has set these targets as a result of it needs to make sure builders can deploy efficiently when the time comes for the official launch.
Throughout what the crypto trade is looking the “genesis window” — from now till the mainnet is reside — the Base core workforce will probably be offering help and recognition by way of Discord to builders who’re constructing dapps with the platform in thoughts.
Coinbase didn’t share an official timeline on the mainnet launch, however the firm mentioned it might share a extra consequential replace at a later date.