How Base Blockchain Makes Ethereum Faster and Cheaper Without Cutting Corners
hackernoon.comBase, a Layer-2 solution by Coinbase, scales Ethereum by processing transactions off-chain, speeding up transactions, and cutting fees while maintaining security and decentralization. It’s a promising fix for Ethereum’s scalability challenges, ideal for DeFi, NFTs, and gaming applications.
If you were asked to pick any two of these options: peace, health, and wealth, which would you go for?
There is a certainty that whatever option you decide to forsake comes at a cost, as they are all equally important.
This is similar to Ethereum's current predicament: it's between choosing two of the three crucial features of blockchain.
Decentralization, Security, and Scalability are the three pillars holding the blockchain network. Each of these features plays a significant role in upholding the network.
- Decentralization in the blockchain network ensures that no single entity controls it ...
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