Coinbase is steadily moving closer to establishing a mainnet and entering the Layer 2 market. In February 2023, the Ethereum Layer 2 network's testnet was released. By making it easier for developers to create apps and incorporate their products directly into Coinbase's commodity lineup, Base was launched with the intention of giving users a simple experience. The Base mainnet is now a priority, as the Base lead Jesse Pollak declared recently.
Jesse Pollak, the head of protocols at Coinbase and the lead for Base, has disclosed all the details about the company’s plans in the new interview for the podcast called Chain Reaction.
He provides a possible schedule for the mainnet's debut in Base. For the team is extremely important to make plans on time. The launch is currently scheduled for 2023. Official launch dates, however, have not been announced yet. Jesse Pollak claims that the company's main objective is to connect developers and users on the blockchain.
In his Twitter account, Pollak also insisted that it is important to “support innovation in the US with a clear, commonsense regulatory framework for the burgeoning onchain economy.”
Given the extensive reach of the cryptocurrency exchange, a TechCrunch report claims that the Ethereum Layer 2 network has the ability to compete with existing Layer 2 blockchains.
Along with decentralization goals, the launch is now their main priority, according to Jesse, who said, "It's coming soon, all of us are working hard on it. Along with decentralization objectives, it is our top priority, and the remainder of the year is essentially about ensuring we get there as swiftly as possible.”
Pollak has also stated that the ultimate aim is to assemble "billions of users and millions of developers on chain" by uniting Base and Coinbase.
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