Base Network
About the network
Base is an Ethereum L2 (Layer 2) scaling solution. It operates as a public blockchain network, aiming to provide a more efficient and cost-effective environment for decentralized applications (dApps).
As an EVM-compatible network, Base ensures interoperability with the Ethereum ecosystem. This compatibility allows developers to easily migrate existing Ethereum dApps or build new ones with familiar tools and Solidity. The network utilizes the chain ID 8453.
Base is currently in an active state, indicating its operational status and availability for use. The network is designed to enhance transaction throughput and reduce gas fees compared to the Ethereum mainnet, making it more accessible for a wider range of users and applications.
The native asset used within the Base network is Ethereum (ETH). ETH serves as the primary currency for transaction fees (gas) and can also be used within dApps built on Base. This reliance on ETH further strengthens the connection and interoperability with the broader Ethereum ecosystem.
For users and developers seeking to explore transactions and smart contracts on the Base network, the official block explorer is basescan.org. This platform provides transparency into network activity, including transaction details, block information, and smart contract deployments.
Base supports a variety of tokens, primarily adhering to the ERC-20 standard. This is a common standard for fungible tokens on Ethereum and EVM-compatible chains, facilitating seamless integration with wallets, exchanges, and other decentralized protocols.
The network features a growing ecosystem of tokens. Examples of ERC-20 tokens found on Base include:
- Chainbase (C)
- SynFutures (F)
- The Sandbox (SAND)
- Avantis (AVNT)
- Bio Protocol (BIO)
- Maverick Protocol (MAV)
- Zerobase (ZBT)
- aixbt by Virtuals (AIXBT)
- Hyperlane (HYPER)
- Horizen (ZEN)
- Space and Time (SXT)
- SAPIEN (SAPIEN)
The total count of tokens currently tracked on the Base network is 32. This number is subject to change as more projects launch and integrate with the Base ecosystem.
Base's architecture is built upon the principles of scalability and decentralization. By leveraging L2 technology, it aims to address the limitations of Ethereum's mainnet, such as high gas fees and network congestion.
The development and operation of Base are closely linked to the Ethereum foundation, benefiting from its robust security and established infrastructure.
The network's design prioritizes developer experience, offering a familiar environment for those accustomed to Ethereum development.
As a public blockchain, Base is accessible to anyone, fostering an open and permissionless ecosystem for innovation.
The introduction of L2 solutions like Base is a significant step in the evolution of blockchain technology, enabling broader adoption and more complex use cases.
Understanding the specifics of Base, such as its chain ID and supported token standards, is crucial for developers and users interacting with this growing L2 network.
Network details
Coins
Trust & methodology
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Data source: Chain profile and linked market context are maintained from Gygaz entity data, public explorer metadata, and connected asset pages.
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