Base | an Ethereum Layer 2 (L2) chain

Base is an Ethereum Layer 2 (L2) chain that offers a safe, low-cost, developer-friendly way to build on-chain. Base is an L2 built on OP Stack in collaboration with Optimism.

Some of the highlights of Base are:

  • Secured by Ethereum
  • Empowered by Coinbase
  • Big features, small fees
  • Open source

What is a layer 2 network? 
A layer-2 network operates on top of an underlying blockchain protocol (Ethereum). It processes transactions off of the Ethereum mainnet (Layer 1), which results in a number of benefits to developers and customers, including: 

  • Improved scalability and efficiency
  • Increased transaction speeds  
  • Reduced gas fees 
  • Consistent security measures and decentralization as the mainnet (layer 1) 

Website: https://base.org

SERIAS FINTECH is an early tester of the Goerli Base Network