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Coinbase Launches Base Testnet & Enhances Dapps Onchain

Incubated within Coinbase, Base testnet goes live with the ability to enable developers to come up with secure and low-cost decentralized applications. Base has been developed with the intention of keeping it developer-friendly solely for the purpose of making it easier for every developer across the world to construct their ideas into reality.

The goal, as stated by Conbase in the announcement on Twitter, is to onboard over a billion users to the crypto sphere and make on-chain the next online. Base has been defined as the Ethereum Layer-2 solution for developers. It will leverage ETH as the native token for gas fees with reportedly no intention of coming up with another native token.

(By David Cox)

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