Bankless ROLLUP: Base Kicks-Off Onchain Summer
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Aug 11, 2023 The discussion kicks off with a look at potential bull market signals for 2024, driven by innovations in Layer 2 solutions. The launch of PayPal's stablecoin raises eyebrows on its market impact. Exciting insights arise from Coinbase's IPO and its role in decrypting Layer 2 data. The new Arbitrum BOLD protocol enhances security, while debates over ethics in code attribution reveal tensions in the crypto world. Investment highlights include a hefty backing for Puffer Finance's unique LSD protocol.
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Base Launch
- Coinbase launched Base, an Ethereum Layer 2, demonstrating a commitment to the on-chain ecosystem.
- This is driving mainstream adoption and generating substantial revenue for Coinbase.
Arbitrum BOLD Upgrade
- Stay informed about Arbitrum's BOLD upgrade, enhancing its security and decentralization.
- This upgrade simplifies fraud proof submission and improves network security.
Polygon-ZK Sync Dispute
- Polygon and ZK Sync clashed publicly over code attribution, highlighting tensions in the Layer 2 space.
- This underscores the importance of clear communication and collaboration in open-source projects.