Cryptocurrency Q&A What is base ETH?

What is base ETH?

GangnamGlitter GangnamGlitter Sat Dec 28 2024 | 6 answers 1193
I'm trying to understand what base ETH is. I've heard about Ethereum and its blockchain technology, but I'm not sure how base ETH fits into this picture. Can someone explain it to me in simple terms? What is base ETH?

6 answers

Eleonora Eleonora Mon Dec 30 2024
By leveraging optimistic rollups, Base is able to drastically cut down transaction costs.

Was this helpful?

208
57
AmyDavis AmyDavis Mon Dec 30 2024
Base, a groundbreaking Ethereum layer-2 network, has been meticulously crafted by Coinbase.

Was this helpful?

216
45
Valentina Valentina Mon Dec 30 2024
This network aims to tackle a pressing issue within the Ethereum ecosystem: scalability.

Was this helpful?

367
67
DigitalDynasty DigitalDynasty Mon Dec 30 2024
The scalability problem often leads to congestion and high fees on the Ethereum network.

Was this helpful?

68
28
noah_doe_writer noah_doe_writer Mon Dec 30 2024
Base employs a sophisticated technology known as optimistic rollups to alleviate these issues.

Was this helpful?

60
61
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts