Posted 8/24/2023, 5:31:43 PM

Base, Optimism unveil shared governance and revenue-sharing framework

Base and Optimism networks have announced a revenue-sharing and governance-sharing agreement, with Base committing to become more decentralized over time and Coinbase pledging to remain a neutral participant in the Base network.

cointelegraph.com

Relevant topic timeline:

8/3/2023

Coinbase’s blockchain Base to launch to the public next week

The main topic is the launch of Coinbase's layer-2 blockchain Base's mainnet to the public on August 9. Key points include: - Base has been operating on the testnet since late February and launched its "builder only phase" in mid-July. - Users can start bridging their funds onchain to mint NFTs and experience Base. - Base will kick off its Onchain Summer initiative, partnering with consumer brands like Coca-Cola and Atari. - Base has seen over $68 million worth of ether bridged to the network and over $200 million in trading volume and transactions. - The blockchain is partnering with Prop House to offer grants to builders building on Base. - Onchain activity is growing quickly.

8/24/2023

Coinbase, in Uncharted Territory as Public Company Running Blockchain, Pledges Neutrality

Coinbase has released a plan called the "Base Neutrality Principles" to ensure decentralization and neutrality for its new blockchain, Base, without exerting control over it, in accordance with Optimism's vision for a "Superchain."