Exclusive

Coinbase outlines decentralization plan for Base with fault proofs and OP client diversity

Quick Take

  • Coinbase said it planned to fully decentralize the Layer 2 network in the future.
  • This will be done by implementing fault proofs and using diverse client software to keep the network censorship-resistant.

Coinbase has unveiled a plan to move the Base network to a decentralized model, focusing on multiple technical updates to ensure no single entity has control.

The firm announced it would work on decentralizing the network by implementing fault proofs and using diverse client software to keep the network censorship-resistant.

Coinbase, in collaboration with the decentralized autonomous organization Optimism Collective and OP Labs, will work on transitioning Base (part of Optimism’s OP Stack) towards full decentralization. However, Coinbase has not provided a specific timeline for this transition.

"We’re excited to see OP Labs and other contributors to the OP Stack making fast progress on key decentralization goals, most notably fault proofs. We're working closely with these teams to ensure that Base adopts these improvements as soon as they are ready," said Coinbase protocols lead Jesse Pollak.

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Contributing to Superchain infrastructure

The team's efforts include contributions to the OP Stack, the creation of OP chains like Base and the ecosystem known as the “Superchain.” It is also one of the main contributors to OP-geth, the first client for the OP Stack, and is working with Paradigm on another client OP-reth — aiming for fault-proof diversity and minimizing network failure risks.

Finally, the Base team plans to assist in forming a "security council" for the Superchain, aimed at implementing further checks and balances to augment the security and decentralization of Base, OP Mainnet and related chains.


© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Author

Vishal Chawla is The Block’s crypto ecosystems editor and has spent over six years covering tech protocols, cybersecurity, artificial intelligence and cloud computing. Vishal likes to delve deep into blockchain intricacies to ensure readers are well-informed about the continuously evolving crypto landscape. He is also a staunch advocate for rigorous security practices in the space. Before joining The Block, Vishal held positions at IDG ComputerWorld, CIO, and Crypto Briefing. He can be reached on Twitter at @vishal4c and via email at [email protected]

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