{"id":178274,"date":"2023-10-21T02:59:37","date_gmt":"2023-10-20T21:29:37","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=178274"},"modified":"2023-10-21T02:59:37","modified_gmt":"2023-10-20T21:29:37","slug":"coinbases-new-ethereum-layer-2-scaling-solution-open-sources-smart-contract-code-and-github-repository-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/coinbases-new-ethereum-layer-2-scaling-solution-open-sources-smart-contract-code-and-github-repository-crypto-news\/","title":{"rendered":"Coinbase\u2019s New Ethereum Layer-2 Scaling Solution Open-Sources Smart Contract Code and GitHub Repository &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400\">The code repository of the Coinbase-backed Ethereum (<\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/ethereum\/\"><span style=\"font-weight: 400\">ETH<\/span><\/a><span style=\"font-weight: 400\">) layer-2 scaling solution Base is now accessible to everyone.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In a series of tweets on social media platform X, the team behind the network <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BuildOnBase\/status\/1715064369946734944\"><span style=\"font-weight: 400\">says<\/span><\/a><span style=\"font-weight: 400\"> all of Base\u2019s contracts and scripts are already publicly available on GitHub.<\/span><\/p>\n<p><i><span style=\"font-weight: 400\">\u201cOne of Base\u2019s core values is building in the open. We believe this is foundational to building an on-chain ecosystem, creating accountability, and enabling collaboration. In this spirit, we\u2019ve open-sourced our smart contract and GitHub repos.\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400\">Base says open sourcing represents its bid to improve transparency, which can deter errors and improve security.<\/span><\/p>\n<p><i><span style=\"font-weight: 400\">\u201cWe\u2019ve open-sourced our smart contract repos to provide developers with increased transparency around Base\u2019s contract development, deployment, and upgrade process.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400\">We\u2019re providing transparency around our key management practices and partnered with the Optimism Foundation team to ensure that our upgrade process is documented thoroughly and well reviewed.\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400\">Base says the move will <\/span><span style=\"font-weight: 400\">also enable other developers to contribute to the project.<\/span><\/p>\n<p><i><span style=\"font-weight: 400\">\u201cOpen source is a win-win: Builders get access to knowledge, can improve on what\u2019s already been done, and in turn inspire others.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400\">Through collaboration and transparency, we can accomplish the vision of bringing the next billion people on-chain.\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400\">Project incubator Coinbase says Base is designed to offer a safe, low-cost, developer-friendly way to build on-chain. The layer-2 network is<\/span><span style=\"font-weight: 400\"> powered by the blockchain-scaling solution Optimism (<\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/optimism\/\"><span style=\"font-weight: 400\">OP<\/span><\/a><span style=\"font-weight: 400\">) and is <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/2023\/08\/19\/coinbases-new-ethereum-layer-2-briefly-surpasses-optimism-and-arbitrum-in-daily-transactions-on-chain-data\/\"><span style=\"font-weight: 400\">compatible<\/span><\/a><span style=\"font-weight: 400\"> with Ethereum, Ethereum layer-2s and alternative layer-1 blockchains.<\/span><\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p><a rel=\"nofollow noopener\" target=\"_blank\" class=\"maxbutton-4 maxbutton maxbutton-check-out-the-latest-headlines-bigger\" href=\"https:\/\/dailyhodl.com\/news\/\"><span class=\"mb-text\">Check Latest News Headlines<\/span><\/a><\/p>\n<p>&amp;nbsp<\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The code repository of the Coinbase-backed Ethereum (ETH) layer-2 scaling solution Base is now accessible to everyone. In a series of tweets on social media platform X, the team behind the network says all of Base\u2019s contracts and scripts are already publicly available on GitHub. \u201cOne of Base\u2019s core values is building in the open. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":178275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-178274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/178274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=178274"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/178274\/revisions"}],"predecessor-version":[{"id":178277,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/178274\/revisions\/178277"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/178275"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=178274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=178274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=178274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}