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Coinbase’s Base Network Hits ‘Stage 1’ Milestone—Decentralization Push Cuts Reliance on Single Points of Failure
Coinbase’s Base Network Hits ‘Stage 1’ Milestone—Decentralization Push Cuts Reliance on Single Points of Failure
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Base Network—Coinbase’s Ethereum Layer 2 darling—just leveled up. The blockchain hit ’Stage 1’ decentralization status, slashing centralization risks that had skeptics side-eyeing its ties to the crypto exchange giant.
Why it matters: Fewer single points of control mean fewer ’oops’ moments when things go sideways. The upgrade ditches centralized sequencer controls, handing more power to node operators. Progress? Sure. But let’s see if Wall Street’s favorite buzzword—’decentralization’—holds up when the next bull run turns devs into Lamborghini shoppers.
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