{"id":175952,"date":"2023-05-25T01:39:27","date_gmt":"2023-05-25T01:39:27","guid":{"rendered":"https:\/\/precoinnews.com\/?p=175952"},"modified":"2023-05-25T01:39:27","modified_gmt":"2023-05-25T01:39:27","slug":"coinbases-l2-base-gears-up-for-mainnet-launch-no-plans-for-network-token","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/blockchain\/coinbases-l2-base-gears-up-for-mainnet-launch-no-plans-for-network-token\/","title":{"rendered":"Coinbase\u2019s L2 Base Gears Up For Mainnet Launch, No Plans For Network Token"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2023\/05\/BASE-770x385.jpeg\"><img alt='' src='https:\/\/secure.gravatar.com\/avatar\/535d61f1766a7180c97c97c9618887d5?s=50&#038;d=retro&#038;r=g' srcset='https:\/\/secure.gravatar.com\/avatar\/535d61f1766a7180c97c97c9618887d5?s=100&#038;d=retro&#038;r=g 2x' class='avatar avatar-50 photo' height='50' width='50' \/><\/p>\n<ul>\n<li>Coinbase\u2019s layer 2 network Base recently published its mainnet launch criteria.&nbsp;<\/li>\n<li>Base\u2019s mainnet will go live after Optimism\u2019s Bedrock upgrade, full audits, and demonstration of testnet stability.&nbsp;<\/li>\n<li>Since testnet, the network has attracted several builders from gaming, NFTs, and DeFi verticals.&nbsp;<\/li>\n<li>The L2 network confirmed that there are no plans to issue a network token for now.&nbsp;<\/li>\n<\/ul>\n<p>Coinbase\u2019s layer 2 network Base is gearing up for its widely anticipated mainnet launch. The Base team published a roadmap titled \u201cPath to Mainnet\u201d earlier today that provided an insight into the network\u2019s progress and upcoming milestones in the run-up to its mainnet launch. Coinbase also listed a series of objectives to be fulfilled before its L2 solution\u2019s mainnet goes live later this year.\u00a0<\/p>\n<h2><strong>Base Doesn\u2019t Plan To Issue A Network Token<\/strong><\/h2>\n<p>According to a blog post by Base, safety and security are the top priorities for the network as it gears up for its mainnet debut. The key milestones to the way to mainnet include the demonstration of testnet stability, Optimism\u2019s successful upgrade of Bedrock, and the completion of reviews and audits. The completed milestones include the completion of the Regolith hardfork in testnet and the infrastructure review with Optimism\u2019s team ahead of the Bedrock upgrade.\u00a0<\/p>\n<p>The objective remains to increase economic freedom and opportunity around the world by onboarding the next million developers and billion users into the crypto economy. Contradictory to the speculation in the crypto community online, Base stated that there are no plans to issue a network token.&nbsp;<\/p>\n<p>Following Mainnet Genesis begins our Genesis Window \u2014 a focused, coordinated window for developers to deploy dapps on Base mainnet. During this window, we will be exclusively focusing on developers and providing support to ensure they are successful.\u201d <\/p>\n<p>Base revealed that it had attracted tremendous interest from the developer community and projects from several spaces. including Gaming, NFTs, Infrastructure, Developer Tooling, Wallets, Security, DeFi, Oracles, Analytics, Bridging, Payments, DAOs, and Social. Among the most exciting builders on Base are Blackbird, Parallel, Thirdweb, and OAK. The team behind the L2 network also launched a \u201cPath to Base Mainnet NFT\u201d that users can mint to commemorate this milestone.&nbsp;<\/p>\n<p>Source: <a href=\"https:\/\/en.ethereumworldnews.com\/coinbase-l2-base-mainnet-launch-no-token\/\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase\u2019s layer 2 network Base recently published<\/p>\n","protected":false},"author":3,"featured_media":175951,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[51],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coinbase\u2019s L2 Base Gears Up For Mainnet Launch, No Plans For Network Token - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/blockchain\/coinbases-l2-base-gears-up-for-mainnet-launch-no-plans-for-network-token\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coinbase\u2019s L2 Base Gears Up For Mainnet Launch, No Plans For Network Token - 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