ChainCatcher reports, Base has reached the first stage of Ethereum Rollup decentralization, launching a fault proof mechanism and establishing a security committee. Base developers stated that the network has reached the "first stage" of Vitalik Buterin's Rollup decentralization framework, making progress in reducing reliance on centralized participants.
The Base team said: "Base has achieved the first stage of decentralization, which is a key milestone in building an open global on-chain economy. This goal was achieved by launching permissionless fault proofs and enhancing the decentralization of contract upgrade processes through the security committee."
Base was launched in August 2023, developed using Optimism's OP Stack, and has now grown to become the largest Layer 2 rollup on Ethereum in terms of TVL. Previously, Base was classified as a Stage 0 Rollup, mainly because it still relied on a centralized sequencer controlled by Coinbase and its mainnet lacked fully operational permissionless fault proofs.
