Coinbase-backed Base unveils upgrades to beat Solana performance by double
The post Coinbase-backed Base unveils upgrades to beat Solana performance by double appeared on BitcoinEthereumNews.com.
Coinbase-backed Base, an Ethereum Layer 2 network, has introduced three key innovations to improve blockchain scalability and usability. According to a Feb. 27 blog post, these tools—Flashblocks, Smart Wallet Sub Accounts, and Base Appchains—seek to simplify blockchain development while enhancing transaction efficiency. Base explained that these tools highlight its focus on expanding the on-chain economy through faster transactions, customized infrastructure, and improved wallet functionality. It stated: “We’re introducing three new building blocks to empower everyone to build onchain: Flashblocks to make Base faster, Base Appchains to help Base scale, and Smart Wallet Sub Accounts to make Base simpler to use.” These updates reinforce Base’s position as the leading Ethereum Layer 2 network. Data from GrowThePie shows that it handles 4.61 million weekly active addresses, which accounts for over 50% of Layer 2 activity. Flashblocks According to the post, Base is testing Flashblocks, a new technology designed to cut transaction processing time from two seconds to 200 milliseconds. Developed by Flashbots, this innovation could make Base ten times faster, potentially establishing it as the most efficient Ethereum Virtual Machine (EVM) chain. Flashblocks leverages preconfirmation blocks that refresh every 200 milliseconds, enabling rapid transaction finality. Base added: “This architecture draws inspiration from innovations in block propagation and execution — such as Solana’s shreds and Celestia’s data squares — while introducing novel optimizations for the rollup context.” Jesse Pollak, Base’s lead developer, emphasized its performance potential, noting that the platform could operate twice as fast as Solana, significantly improving both developer and user experience. The technology is currently being tested on Base’s Sepolia testnet. A mainnet launch is planned for Q2 2024. Base Appchains Base is rolling out Base Appchains, a Layer 3 (L3) scaling solution built on the OP Stack. This tool is designed to support applications requiring high transaction throughput. Base…
Filed under: News - @ February 28, 2025 11:22 am