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The Counterparty

Base chain

layer2 · PageRank 0.2990

Also known as: Base chain, Base network, Coinbase Base

Overview

Base is an Ethereum Layer 2 (L2) network constructed on the OP Stack, created by Coinbase. It employs optimistic rollup technology to deliver inexpensive, high-capacity transactions while maintaining Ethereum's security. The blockchain is compatible with the Ethereum Virtual Machine and is intended for decentralized applications such as DeFi and NFTs.

Within The Counterparty graph, Base connects to 379 tracked entities, most strongly to Ethereum, Ether (ETH), Ethereum.

Relations

Top connections in The Counterparty knowledge graph (confidence-weighted, 10 of 379 total).

RelationConnected entityConfidence
built_onEthereum99%
supports_tokenEther (ETH)99%
settles_toEthereum95%
deployed_onUSD Coin95%
grew-onUSD Coin95%
developed_byCoinbase95%
operatesCoinbase95%
launchedCoinbase95%
funded_byCoinbase95%
deployed_onCoinbase95%

The dated record

8 dated entries on file, most recent first.

In the wire

10 items in the current window name this counterparty. Headlines are the publishers' own.

Questions on the record

Who built Base?

Base was constructed by Coinbase in partnership with Optimism, with its testnet debut occurring in 2023.

Does Base have its own token?

No native network token exists for Base, according to Coinbase's official documentation.

What technology does Base use?

The platform initially relied on Optimism's OP Stack; by 2026 Coinbase disclosed a reduced dependence on that stack.