{"id":338395,"date":"2023-08-26T04:00:53","date_gmt":"2023-08-25T22:30:53","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=338395"},"modified":"2023-08-25T16:43:45","modified_gmt":"2023-08-25T11:13:45","slug":"base-becomes-fastest-l2-to-reach-100k-users-decoding-how","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/base-becomes-fastest-l2-to-reach-100k-users-decoding-how\/","title":{"rendered":"Base becomes fastest L2 to reach 100k users: Decoding how"},"content":{"rendered":"<ul>\n<li><em>Base became the fastest L2 to reach 100,000 users.<\/em><\/li>\n<li><em>The project is now looking to become fully decentralized with the help of Optimism<\/em>.<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Only 56 days after its official launch, Coinbase\u2019s Base has become the fastest <\/span><span style=\"font-weight: 400;\">Ethereum [ETH]<\/span><span style=\"font-weight: 400;\"> L2 to reach 100,000 users, according to data from Delphi Digital. This achievement is indicative of the growing demand for efficient and scalable solutions within the Ethereum ecosystem.\u00a0<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Realistic or not, here\u2019s <\/span><a href=\"http:\/\/ambcrypto.com\/calculator\/marketcap\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">OP\u2019s market cap in ETH&#8217;s terms<\/span><\/a><\/p>\n<hr \/>\n<h4><b>The new leader of the pack<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">But Base seems to stand out among the lot, especially as daily active users are measured by unique addresses.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Therefore, the milestone suggests that the project has <\/span><a href=\"http:\/\/ambcrypto.com\/bases-tps-surpasses-ethereum-optimism-and-arbitrum-lag\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">eclipsed<\/span><\/a><span style=\"font-weight: 400;\"> every other L2 in terms of crowd interaction on the blockchain. When compared to other L2s including <\/span><span style=\"font-weight: 400;\">Arbitrum [ARB]<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">Polygon [MATIC]<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">StarkNet<\/span><span style=\"font-weight: 400;\">, and <\/span><span style=\"font-weight: 400;\">Optimism [OP]<\/span><span style=\"font-weight: 400;\">, Base was far ahead. But why has this been the case?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Well, there are a number of factors that influenced the landmark. However, the most surprising part has been the way Base did not launch a token but was still able to amass a great number of users.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">First off, Base granting access to developers before the public Mainnet launch seemed to have been a game changer. <\/span><span style=\"font-weight: 400;\">Although the decision was not without an influx of rug pulls, early users were able to understand the working system of Base because of it. Furthermore, the rapid adoption could also be linked to the integration of several protocols on the network.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For instance, projects like <\/span><a href=\"http:\/\/ambcrypto.com\/aave-eyes-base-as-new-home-for-v3-in-the-wake-of-curve-hack\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Aave [AAVE]<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><span style=\"font-weight: 400;\">Uniswap [UNI]<\/span><span style=\"font-weight: 400;\"> have been deployed on Base. So, it was only expected that users of the aforementioned project would become active participants on the Base network.<\/span><\/p>\n<h4><b>Base wants to help OP out<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Despite this landmark, it seemed that Coinbase was not ready to rest on its oars. In a newly <\/span><a href=\"https:\/\/base.mirror.xyz\/aBwt4flT1WAKJGQTj2AXBpH_8Qd3umQ-ZECLAJoO_nE\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">released update<\/span><\/a><span style=\"font-weight: 400;\">, Base disclosed that it was working on collaborating with Optimism\u2019s OP Stack to fully decentralize Base.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The L2 further explained it was committed to seeing Optimism\u2019 SuperChain come to life. So, its input would be required through the \u201cThe Law of Chains.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For context, the Law of Chains is an open neutrality framework that establishes certain protections for participants in the Optimism Superchain ecosystem.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">How much are <\/span><span style=\"font-weight: 400;\">1,10,100 OPs worth today<\/span><span style=\"font-weight: 400;\">?<\/span><\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">The purpose of the SuperChain is to promote core principles of decentralization, and economic autonomy as foundations for the developing Superchain. In connection to the development, Base noted that,<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">\u201cBase is committed to decentralizing Base and strengthening the OP Stack through technical improvements, commitment to the Law of Chains neutrality framework, and contributing back to public goods. These initiatives will not only strengthen Base, but the foundation on which the Superchain and the global, open, onchain economy can be built.\u201d<\/span><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Base granting access to developers before the public Mainnet launch seemed to have been a game changer. However, something else is brewing.<\/p>\n","protected":false},"author":72,"featured_media":338397,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-338395","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Base becomes fastest L2 to reach 100k users: Decoding how - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Only 56 days after its official launch, Coinbase\u2019 Base has become the fastest Ethereum [ETH] L2 to reach 100,000 users\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/base-becomes-fastest-l2-to-reach-100k-users-decoding-how\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Base becomes fastest L2 to reach 100k users: Decoding how - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Base granting access to developers before the public Mainnet launch seemed to have been a game changer. 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