June 30 (Cointime) - Coinbase's Base protocol, a layer 2 application-focused protocol, has completed six months of rigorous security audits, both internally and externally, with no critical code bugs found. The completion of these audits means that Base has fulfilled 4 out of 5 criteria required for mainnet launch. The final criteria, demonstrating "testnet stability," is yet to be fulfilled, but Base has built Pessimism, an open-source monitoring tool that aims to notify builders of any anomalies that may arise in the protocol. Base aims to be a low-cost, secure, and developer-friendly network for building decentralized applications.
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