Coinbase’s layer-2 blockchain network Base has open sourced its code repositories and smart contracts in a move aimed at increasing transparency and enabling public collaboration.
Keypoints
- Coinbase‘s layer-2 blockchain network Base has open-sourced its code repositories and smart contracts.
- This allows public visibility into Base’s development and enables developers to contribute improvements.
- Coinbase is offering up to $1 million bounties for discovery of bugs and security flaws in Base’s code.
- Base has also open-sourced web properties including its main site, docs site, and bridge site.
- In just 3 months, Base has become the 3rd largest layer-2 by total value locked at $549 million.
- But its market share is only 5% as Arbitrum and Optimism dominate the layer-2 ecosystem.
- Coinbase hasn’t ruled out issuing a native token for Base in the future.
- Base recently moved its testnet from Goerli to Sepolia chain to…
