Base Receives Vitalik Buterin Praise Amid 160 TPS Performance

Layer 2 network Base's high transaction throughput draws Ethereum co-founder’s attention, intensifying competition in the $20B L2 market.

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Terms & Concepts
  • Layer 2 (L2) Network: A secondary framework built atop a blockchain to improve scalability and transaction speed without compromising security.
  • TPS (Transactions Per Second): A measure of how many transactions a blockchain or network can process each second, indicating its scalability capacity.
  • Ethereum: A decentralized blockchain platform featuring smart contracts, often hosting Layer 2 solutions to enhance performance.