Back
Coinbase-Backed Base Layer-2 Moves Away From Optimism Stack

Coinbase-Backed Base Layer-2 Moves Away From Optimism Stack

Base plans to gradually transition from Optimism’s OP Stack to an integrated Base-managed stack, reflecting its growth to a multi-billion-dollar Ethereum layer-2 leader since launch in 2023.

ETH
OP

Summary

On June 18, Base, Coinbase’s Ethereum layer-2 network, announced it will gradually reduce reliance on Optimism’s OP Stack and adopt its own integrated stack. Since launching in 2023, Base has rapidly expanded and captured a significant layer-2 market share, with approximately $3.85 billion in total value locked. The move underscores Base’s strategy to operate with greater technical independence while maintaining its position among top Ethereum scaling solutions.

Terms & Concepts
  • Layer-2: A secondary blockchain network built on top of a main chain to increase transaction speed and reduce costs.
  • OP Stack: A set of open-source tools developed by Optimism for building Ethereum-based Layer-2 networks using optimistic rollups.