Base, the Ethereum Layer 2 network launched by Coinbase, is transitioning from Optimism’s OP Stack to a self-managed codebase.
Base, the Ethereum Layer 2 blockchain solution developed by Coinbase, is making a significant strategic shift by moving away from reliance on Optimism’s OP Stack.
Optimism’s OP token plunged 7% following the news.
Initially built on Optimism’s OP Stack, Base has decided to transition to its own codebase to gain greater control over its infrastructure and streamline upgrades. This move is expected to double the pace of its major upgrades to approximately six per year.
According to a blog post, the protocol will consolidate upgrades and changes internally, while continuing to collaborate with Optimism as an OP Enterprise client for support during the transition.
Optimism’s OP Stack is widely used by Layer 2 solutions, and Base’s transition might prompt similar moves by other industry players. Base is the largest Layer 2 by total value locked, with nearly $3.9 billion, according to DeFiLlama.
This article was generated with the assistance of AI workflows.