Could you elaborate on the blockchain technology that Toshi, the 
cryptocurrency platform, is utilizing? As a professional in the field of cryptocurrency and finance, I'm curious to understand the underlying infrastructure that powers this platform. Is Toshi built on a widely-adopted blockchain like Ethereum, or is it utilizing a proprietary or alternative blockchain technology? Understanding the technical foundations of Toshi would help me evaluate its potential in the crypto landscape.
            
            
            
            
            
            
           
          
          
            7 answers
            
            
  
    
    Elena
    Thu Jul 25 2024
   
  
    The integration of Toshi tokens onto the Base blockchain is a testament to its versatility and adaptability, enabling seamless transactions and enhanced functionality.
  
  
 
            
            
  
    
    Elena
    Thu Jul 25 2024
   
  
    The Base blockchain serves as a layer-two solution for Ethereum, designed to enhance scalability and efficiency. 
  
  
 
            
            
  
    
    TeaCeremony
    Thu Jul 25 2024
   
  
    The development of this blockchain was spearheaded by Coinbase, a prominent crypto exchange, aiming to revolutionize the cryptocurrency landscape.
  
  
 
            
            
  
    
    SamuraiHonor
    Thu Jul 25 2024
   
  
    Coinbase utilized the OP stack in the creation of the Base blockchain, leveraging its robust capabilities to build a secure and robust platform.
  
  
 
            
            
  
    
    HanbokGlamourQueen
    Thu Jul 25 2024
   
  
    After rigorous testing and development, Coinbase officially launched the Base blockchain on August 9, 2023, marking a significant milestone in the crypto industry.