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Coinbase Launches Testnet of Ethereum Layer 2 (L2) Network Base

Cointime Official

Cryptocurrency exchange Coinbase has announced the launch of the testnet launch of Base, an Ethereum Layer 2 (L2) network.

According to the company's official blog post, the Base network is designed to "provide easy, secure access to Ethereum L1, other L2s, as well as other L1 ecosystems like Solana". Coinbase encourages developers to start on Base, but go everywhere: "we see Base as a 'bridge' for users into the cryptoeconomy". 

Base developers can build using the RPC testnet endpoint or choose from Node providers: QuickNode, Infura, and Blockdaemon. Coinbase is also launching the Base Ecosystem Fund, which invests in and supports early-stage projects building on Base that meet their investment criteria.

The company plans to share their roadmap to mainnet in the weeks ahead and provide more resources for developers building on Base.

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