Vitalik Buterin Ends Speculation on Ethereum’s Base, Coinbase CEO Cosigns

Base, the Coinbase-backed EVM chain pitched as Ethereum’s personal layer 2, has simply obtained its strongest endorsement but, straight from Vitalik Buterin.

In a uncommon social media shoutout, Vitalik declared Base the best approach to scale, providing a quicker consumer expertise by centralized sequencing whereas remaining linked to Ethereum’s safety layer, that means that funds can’t be stolen or frozen.

Vitalik defined that Base doesn’t maintain custody, withdrawals are assured by the Ethereum mainnet code and the L2Beat stage 1 tag signifies that customers are actually protected towards rug pulls, reasonably than it being simply advertising speak. He additionally dismissed the concept that L2s are “simply servers,” citing examples the place censorship was blocked and funds remained safe even when operators have been offline.

Even Base’s safety council setup consists of exterior members to forestall unilateral management.

Coinbase CEO Armstrong reacts

Brian Armstrong didn’t pen an extended essay however merely boosted the thread with a brief remark: “Nice thread to learn by on Base,” which is sufficient to present that Coinbase is totally supporting Vitalik’s perspective.

From the Base aspect, Jesse Pollak spelled out how sequencers work: they bundle and order transactions, then the primary layer settles them and at any second a consumer can bypass Base totally by going straight by Ethereum. He added that Base already runs on stage-1 decentralization, with permissionless block proposals reside, whereas stage 2 is in progress.

Is Base legit?

The takeaway is clearly that Base just isn’t a custodial sidechain or an change in disguise. It’s Ethereum infrastructure constructed to scale with out breaking belief. Vitalik endorsed it, Armstrong amplified it and now the talk over Base’s legitimacy seems to be over.