Base is an Ethereum L2
Base chose ETH as its currency
Base uses Ethereum for settlement
Base leverages Ethereum for data availability
Base relies on Ethereum to determine its state
Base is:
- Secured by
@ethereum
- Empowered by
@coinbase
- Open source with
@Optimism
Because we believe it’s going to take a massive team effort to bring the world onchain
1/ The old playbook for growth is dead
If you want to win today, you need to use Persona Led Growth: amplifying the voices of actual builders and aspiring for real-time updates
We already see folks like
@jessepollak
,
@dwr
,
@sgoldfed
, and
@binji_x
embracing this
Let’s dive in
The biggest winner of the Bitcoin ETFs today?
@coinbase
They’re the custodian for 9 of the 11 firms that filed a Bitcoin ETF (Grayscale, Ark/21 Shares, BlackRock, Bitwise, WisdomTree, Invesco/Galaxy, Valkyrie, Global X, and Franklin Templeton)
If you want to get started building on
@base
or if you’re already building, here’s a huge list of resources to help:
Learn How To Build Onchain
- Base developer docs:
- Base Builder Quests:
- Base Builder Tutorials:
1/ 🔆 IT’ᔑ OᑎᑕᕼᗩIᑎ ᔑᑌᗰᗰEᖇ 🔆 and I’m incredibly excited to share that I’ll be joining
@base
/
@coinbase
’s Partner Management team
I’ve had the privilege of collabing with the talented folks at Base over the past year, and my passion for Base’s mission has grown steadily
Ngl, the
@AzukiOfficial
community is the strongest I've ever seen ⛩️
After nine months of browsing and being a part of the garden as a
#Beanz
, I was finally able to get my first
#Azuki
Welcome home, Azuki
#6403
💎
It’s been one month since
@base
,
@CoinbaseWallet
, and
@slice__so
launched Onchain Summer Coffee Days... ☕️
And the Base community SHOWED UP to help support local coffee shops and onboard everyday people
A thread of onchain coffee bought with $USDC from all around the world 🧵
1/ How
@farcaster_xyz
changed the trajectory of my life
For the past year, Farcaster has become my new online home
I use it every day, and I can say the product feels magical, and the engagement is qualitatively better
With a new social network comes new opportunities
RetroPGF 3 voting is now live! 🔴
We invite all
@optimismFND
badgeholders to review
@Covalent_HQ
’s impact on OP Mainnet, OP Sepolia, and the Superchain
We’ve provided many benefits to users, devs, analysts, apps, and OP Chains within the ecosystem ⤵️
Introducing Scaling Base, a new series documenting our technical progress towards making Base accessible to all
To start, we're detailing our plan to achieve 1 Mgas/s increases each week, and sharing our approach as we near the upcoming Ethereum upgrade
Most merchants today pay 2-4% in fees to accept Visa or Mastercard, and you as the consumer are also taking on this fee in the form of higher prices
With crypto, merchants can now accept instant $USDC payments with zero fees on
@base
, allowing them and you to save money on
The level of talent, energy, and ambition at
@base
right now is mindblowing
Every corner of our org shows up with 10x focus and drive every single day
It’s an awesome feeling and no doubt the best team I've ever worked with
Yo!
After following
@AzukiOfficial
since mint and witnessing this dope community grow, I finally got the chance to enter the garden as this calm Bean 😌🫘 (also how I’m gonna be through the bear market).
Excited to meet my
#Azuki
and
#Beanz
fam ❤️
At
@base
, we’ve built a bunch of tooling to make it easier for you to build better apps:
-
@CoinbaseWallet
Smart Wallet
-
@OnchainKit
Components
-
@coinbase
Verifications
-
@CoinbaseDev
Paymaster
We’re builders at heart, and we want to help you do the same
The Bitcoin economy on
@base
is at:
- $100M in total market cap
- $225M in 24-hour transfer volume
- $25M in daily DEX trading volume led by
@AerodromeFi
Follow cbBTC’s growth on
@dune
🔵 Build on
@base
✨ Build on Base and be rewarded
📢 Build on Base and get distribution
👤 Build on Base and attract more users
🌍 Build on Base and bring the world onchain
So excited about
@ChimpersNFT
’s brand-new collectible card app launching soon on
@base
🐵🔵
Much love to
@TimpersHD
for chimpifying me and joining the Base ecosystem!
Picked up these two masterpieces today.
#midnightbreeze
is not only the first bluechip NFT banner project, but
@dutchtide
's artwork truly speaks for itself.
1/ Another month, another data-driven
@Covalent_HQ
blog 📊
Today we are diving into
@FantomFDN
's:
• Vertical scalability
• Key differentiators
• Pros vs other L1s
• DeFi ecosystem
@SpookySwap
@Spirit_Swap
etc.
• Plans for the future
A thread 🧵👇
1/ Covalent has been building side-by-side with Fantom since 2021👻
🌐 Today, even as the projects on
@FantomFDN
are beginning to diversify, it’s clear that Fantom's DeFi ecosystem is only getting stronger💪
📖📖
👀 Learn more in this thread ⬇️ ⬇️ ⬇️🧵
1/ It’s no secret that
@0xPolygon
's tech & BD are unparalleled in Web3
I've written a piece on Polygon and its:
• Thesis
• Suite of L2 solutions
• Web2 partnerships to date
• Pros vs Alt L1s
• Modular blockchain design
+ an accompanying thread 🧵👇
At
@coinbase
, we serve onchain coffee and tea at the office to show folks that the UX is good enough and to make the
@base
,
@CoinbaseWallet
, and
@slice__so
experience EVEN BETTER for everyone
How can we onboard others if we don’t use our own tech?
In the lead-up to mainnet, we’re excited to reveal the ZetaChain ecosystem!
Some of the first apps featured in our XP launch campaign will include leading DEX
@SushiSwap
supporting native BTC, web3 dating-fi app
@sugar_datingfi
, automated omnichain V3 pools
@Range_Protocol
, AI
The
@Azuki
and
@animecoin
AnimeChain is an excellent example of what
@arbitrum
Orbit is all about: complementing each other and leveraging each other’s core strengths
Azuki is fantastic at building IP and communities around their IP, and that is not
@OffchainLabs
’ core strength
On
@base
:
- Everyone, everywhere has access to world-class money
- Creators are earning more with their creativity, art, and music
- People are playing games that are actually fun and enjoyable
Nothing like building the global onchain economy together 🌐
Session keys unlock experiences that keep all of the unique properties of wallets (e.g. self-custody, data portability) without sacrificing on UX compared to web2:
- Sign in and never see mention of a wallet again
- High-frequency transactions (e.g. gaming, social)
- Background
Session keys for Base are a big deal
The owner of a wallet no longer needs to manually approve each transaction. They can set a pre-approved limit for each app, and the app can perform transactions in their behalf.
This unlocks various use cases.
First, user actions (imagine
One of
@base
’s core values is building in public
Building in public is one of the best ways to get better as a builder, validate your ideas, and create products people love
Based builders build in public
We’re making smart accounts the new default on
@base
, and we’re giving developers world-class tooling to do it
If you’re building this, please reach out
Base is a bet on builders, which then downstream creates more onchain experiences, which then downstream creates more cool things for everyday people to do onchain
It’s always been and always will be about supporting the incredible builders on
@base
I wrote a blog on how
@gane5h
and the team at
@Covalent_HQ
are building one of the most important tools in the crypto ecosystem, and why they are undoubtedly here to stay. Learn more about their API, use-cases, and journey towards decentralization here:
Wow so you can transfer $BTC from your
@coinbase
account to an ethereum address and it will automatically convert the bitcoin into $cbBTC
Can use $cbBTC on
@base
dapps like
@AerodromeFi
and
@MoonwellDeFi
Frictionless borrowing against your $btc onchain
Base liquidity unlock
@LefterisJP
Sorry that you feel this way and the need to call me out. When I read your tweets, I felt very hurt and saddened because I know you don't know me on a personal or professional level, and this was not how I wanted to come across.
I understand that Rotki has also raised over half
Build in public
Let people know what you’re working on
Share your progress, stories, and learnings
Get the
@base
community to tag along for the journey
This is one of the best ways to build momentum and collaborate with other based builders
When developers ask me where they should go build their consumer crypto app, I always recommend
@base
- Distribution
- Organic users
- Onchain culture
- Builder community
- Collabs and synergy
- Quality infrastructure
- Center of onchain economy
- Tech (4844, AA, on/offramps,
Joining Coinbase is one of the best ways to learn how to start a startup.
We've invested in ~40 startups founded by former employees.
A lot of great founders launch products internally at Coinbase as well (and benefit from the distribution). Startup founders with sufficient
At the airport to
@EthereumDenver
and saw this on the floor
It’s ridiculous we still have pennies:
- $1.2M worth go missing every year
- Costs 3x the value to make one
- 167 years since its last update
Thankfully, stablecoins can move the penny forward – it’s time to update the
1/ Life is short.
My parents live in a different city than I do.
Most of my best friends live in different cities now too.
These days, we see each other about once every 12-24 months.
So mathematically, around 90% of the time I’ll ever spend with them, I have already done so.
1/ A little late but I’m happy to announce publicly that I’ve been investing at
@socialgraphvc
with a focus on onchain consumer experiences
SGV is a community-led venture fund supporting founders at the spearhead and seeding the app and middleware layer of onchain social 🌱
Happy birthday
@base
! 🔵
As we celebrate this huge milestone, we’re also keeping in mind our favorite
@jessepollak
mantra: it’s still day one, and our job’s not finished
We won’t stop until the entire world is onchain
Azuki is a brand
Azuki is also a creator
When
@Azuki
puts content like Arbzuki and Enter The Garden: Ep. 1 onchain, fans and viewers also get to own a piece of the brand via mints on
@ourZORA
When Azuki earns creator revenue, those funds get to be redistributed to further
Onchain is the next online – a better internet where:
- Artists get paid in currency not likes
- Audiences own what they buy
- The people who make things, make the rules
Proud to be building toward this Onchain Vision at
@base
and
@coinbase
PSA: the
@base
core team is going into zone 3-5 through end of summer
why? because the technology is finally is ready and it's time to bring the world onchain
cbBTC has 1:1 fungibility with BTC on
@coinbase
This means that the $137B+ BTC held by Coinbase users can now go onchain to securely access DeFi apps on
@base
🔝 🎩 "Bitcoin is the granddaddy of all crypto assets," says Will Robinson, VP of engineering at Coinbase.
🤝
@willrobinson23
explains why Coinbase launched cbBTC, aiming to bring Bitcoin to DeFi.
🎧 Listen now:
Incredibly grateful for everyone who supported and voted for
@Covalent_HQ
in
@Optimism
’s RetroPGF Round 3 ❤️
And huge congrats to all the other public goods contributors in the Ethereum ecosystem, many of whom use our Unified API to fetch onchain data!
In less than a week, ~165K Basenames have already been registered
Here is why your
@base
name is going to become the center of your onchain identity
Register yours:
With our
@stripe
partnership, $USDC on
@base
is now supported on Stripe’s crypto payouts platform, and Stripe’s fiat-to-crypto onramp is now available on
@CoinbaseWallet
@coinbase
is making it faster and cheaper for everyone, everywhere to engage in commerce, receive payments,
Coinbase 🤝 Stripe
Coinbase is partnering with
@stripe
to bring
@base
's faster, cheaper financial infrastructure to millions of businesses around the world.
Here’s what we’re doing ↓