🔥 BREAKING: Coinbase’s Base Network Hits ‘Stage 1’ – A Major Leap Toward Decentralization! 🔥

Coinbase’s Layer 2 Base Network just achieved Stage 1 decentralization per L2Beat’s rigorous framework – and this is huge for the future of onchain finance. 💥

🧠 What Does Stage 1 Mean?

Base has now:

Enabled permissionless validation 🚀

Removed all upgrade keys from core contracts 🔐

Taken a big step away from centralized control 🧱

L2Beat ranks L2s from Stage 0 ➡️ Stage 2:

Stage 0: Fully centralized

Stage 1: Some decentralization, still some risks

Stage 2: Fully decentralized, censorship-resistant

Base is now officially off training wheels 🛞 – and that’s bullish not just for Coinbase, but for all of Ethereum L2 adoption.

💬 Why It Matters:

This means less trust required in Coinbase and more trust in code and consensus – exactly what crypto stands for. 🧬

And with over $1.4B in TVL, Base is rapidly becoming a serious player in the L2 wars alongside Arbitrum, Optimism, and zkSync.

📢 Decentralization isn’t a meme – it’s a mission. And Base just leveled up.

$BTC $SOL $XRP

#coinbase #Base #Layer2 #L2Beat #CryptoNews